Вопрос № 224004 - Английский язык

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There are a number of devices that directly affect the free flow of trade among nations. One of these is export subsidy – a payment by a country to its exporters that enables them to sell their products abroad at a lower price than they could sell them for at home. Selling the same product for a lower price abroad than at home is called dumping.

There are a number of devices that directly affect the free flow of trade among nations. One of these is export subsidy – a payment by a country to its exporters that enables them to sell their products abroad at a lower price than they could sell them for at home. Selling the same product for a lower price abroad than at home is called dumping.
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Some governments impose various regulations on businesses in their countries. Sometimes these regulations discourage foreign companies from entering home markets. In some countries all international businesses must have local partners. In other countries a foreign firm must have at least one native in the top management of a branch or a subsidiary. Some governments, foe example in Mexico, insist that the local partners have the controlling interest. However, big firms like IBM refuse to do business on these grounds and usually manage to find the way out.

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Foreign Trade Zones (FTZs) are areas in the country that are treated as foreign territory. Foreign goods can be imported into these areas without payment of duties imposed by the national government. The goods can then be sold and shipped from the FTZ to other countries duty-free. When these goods are shipped into the country to which FTZ belongs, the duty is imposed.

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In the realm of foreign commerce, the US led the world in value of imports in 1986, and was second only to Federal Republic of Germany in value of exports. Exports of domestic merchandise, raw materials, agricultural and industrial products, and military goods amounted in 1985 to nearly $207 billion. One rapidly growing export category was computers, which rose from $1.2 billiоn in 1970 to $13.8 in 1985, frain exports rose from $2.6 to $11.25 in 1985.

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The UK, the world's fourth-largest trading nation, is highly dependent on foreign trade. It must export almost all its copper, ferrous metals, lead, zinc, rubber, and raw cotton. Its exports, about 67 % of which are manufactured goods, account for more than 30 % of GDP (Gross Domestic Product). Principal trade partners in 1986 were as follows: Federal Republic of Germany, US, France.