PO232 Lecture Notes - Lecture 7: Singapore Issues, National Treatment, Donald Trump
Document Summary
Situations of a product of some kind is being sold from one border to another. Wheat, cars, oil, copper etc. (something that is a solid object or material) Economic transactions is the main thing in question is not a physical object, but performing a service. Education, healthcare, security, transportation, construction, tourism, insurance etc. Wto"s general agreement on trade in services. Gatts list 4 types of trade in services: A service is supplied by provider in one country to customer in another (e. g. call centres) Customers or firms in one country going to another to make use of a service (e. g. tourism) A company from one country setting up a subsidiary to provide services in another country. People travelling from their country to supply services in another. A tax charged by the government of the import and exports of goods and services when traded across borders. Usually applied to those importing into the country.
