Goods
in sentence
3286 examples of Goods in a sentence
In Venezuela, where the national currency is in freefall, bitcoin has become the leading “parallel currency” to pay for basic
goods
and services – including medical bills.
At midnight, a new national
goods
and services tax (GST) had come into effect at a glittering ceremony in India’s parliament.
Some 1,200 items and almost every imaginable service were slotted into a rate category, though not before being shifted around in response to popular opposition (for example, to high taxes on previously exempted
goods
used by the disabled).
The GST is also likely to trigger a flood of litigation about which tax brackets companies fall into and how their
goods
should be categorized.
As for the US, the KORUS revisions mean that foreign exporters of
goods
made with steel will gain a competitive advantage over domestic producers, who will have to pay more for their steel.
Devaluation would also boost average eurozone GDP growth by stimulating exports and encouraging Europeans to substitute domestically produced
goods
and services for imported items.
The model of a federal union that emerged from its history consists of a single currency managed by a federal agency; closely integrated markets for products, labor, and capital; a federal budget that partly, but automatically, offsets economic disturbances affecting individual states; a federal government that assumes responsibility for tackling other major risks, not least those emanating from the banking sector; and states that provide regional public
goods
but play virtually no role in macroeconomic stabilization.
That agreement focuses on trade in
goods
and services, trade facilitation, rules of origin, and dispute resolution.
For example, Germans regard a joint budget not as a way to finance public
goods
such as research or infrastructure, but as a device to compel Germany to cover other countries’ expenses.
Structural adjustment programs demanded by the IMF and the World Bank ended up transforming these countries into dumping grounds for over-subsidized Western agricultural surpluses and over-priced and obsolete manufactured
goods.
Moreover, trade unions continue to weaken, while globalization has led to cheap production of labor-intensive
goods
in China and other emerging markets, depressing the wages and job prospects of unskilled workers in advanced economies.
With little wage inflation, high
goods
inflation is unlikely.
Nor is it a unit of account; prices of
goods
and services, and of financial assets, are not denominated in gold terms.
But this will entail customs controls on trade between Britain and the EU, including
goods
and services crossing the border between Northern Ireland and the Republic of Ireland.
A new border bureaucracy will have to check customs compliance, calculate import duties depending on where
goods
are deemed to have originated, ensure payments, verify that
goods
comply with EU standards, and so forth.
But debt owed to foreigners can be serviced only with
goods
and services sold abroad – that is, exports.
Bhutan’s Buddhist tradition understands happiness not as attachment to
goods
and services, but as the result of the serious work of inner reflection and compassion toward others.
It would pay higher prices for inputs and consumer goods, and British firms’ reduced integration into global value chains would undermine productivity.
This disparity can be at least partly explained by its 43rd-place ranking for “connectedness” in terms of flows of goods, services, finance, people, and data and communications.
As a result, from 2005 to 2012, Brazil’s $20 billion trade surplus in manufactured
goods
swung to a $45 billion deficit.
Brazil’s trade in
goods
also suffers from the country’s inadequate transportation and communications networks.
Developing countries that impose a VAT perversely encourage production to remain in the informal sector, which often produces the
goods
that are consumed domestically or used as inputs in the developed world.
But it is the formal sector that produces higher value-added manufactured
goods
that compete with developed countries.
It may also be possible to impose taxes on luxury
goods
(many of which are imported), thereby promoting equity without stifling growth.
While providing relatively fewer tangible public
goods
and services directly, the Chinese government will need to provide more intangible public
goods
and services like rules, standards, and policies.
Earlier this year, China joined 13 other WTO members calling for tariffs on environmental
goods
to be removed.
Discretionary consumption is typically deferred during recessions, especially for long-lasting durable
goods
such as motor vehicles, furniture, and appliances.
Once the recession ends and recovery begins, a “stock-adjustment” response takes hold, as households compensate for foregone replacement and update their aging durable
goods.
Mexico shares a 2,000-mile long border with the United States, which provides not only privileged market access in
goods
and labor, but also a claim to the resources of the US Treasury (as became apparent during the 1995 peso crisis).
The Fed would then cause a liquidity squeeze and so distort asset prices as to make much construction, sizable amounts of other investment, and some consumption
goods
unaffordable (and thus unprofitable to produce).
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