Goods in sentence

3286 examples of Goods in a sentence

Over the last two decades, Asia’s economic boom was largely driven by intra-regional manufacturing linkages, in which intermediate goods and parts were sourced from within Asia to be assembled into final goods for export to developed markets – earning the region the moniker “factory Asia.”

Moreover, many fragile states are rich in natural resources, and must establish transparent resource management – aimed at curbing corruption and controlling illicit flows of money and goods – in order to raise the revenues needed to deliver services.

As the free market developed, a dual-price system emerged, in which those with access to quota-allocated goods paid less.

In Europe, efficiency would be enhanced by a unified VAT rate, instead of creating distortions by charging different rates for different goods.

The ability to convert money into goods at prevailing prices is fundamental for any reserve currency, which is why other types of money, like the International Monetary Fund’s Special Drawing Rights, are not likely to displace the dollar.

After all, it is cheap and abundant; we never lack enough of it to clean our clothes, manufacture our goods, water our plants, cook our food, or flush our toilets.

For a decade or so, many in the US have claimed that China’s categorization as a developing country, and the resulting favorable treatment it enjoys at the WTO, do not reflect the true strength of an economy whose goods exports amount to $2 trillion, or 11% of world trade.

Even if everyone in Tuvalu had access to the Internet (which they don’t; only 13% of the country’s population had broadband in 2016, according to the World Bank), delivery of goods purchased online would be difficult.

Elsewhere, billions of people lack bank accounts and credit cards, and in many developing countries, consumer-protection laws do not extend to goods purchased online.

With South Korea, Brazil, Australia, and Argentina permanently exempted from US tariffs on steel and aluminum, and with certain measures applied only to final goods and primary products, the impact of rising Sino-American trade tensions has so far been limited.

However, details of that agreement were scarce, and less than two months later, US tariffs on Chinese goods valued at $34 billion came into effect, with China immediately announcing retaliatory tariffs.

It remains the vital assembly center of the global supply chain for many manufactured goods, such as computers and cell phones, enabling lower prices for the world’s consumers.

Policies to expand social security and improve the provision of public goods could support these efforts, boosting domestic consumption by allowing households to reduce their precautionary savings.

In the first two quarters of this year, America’s GDP barely exceeded the level it attained at the end of last year, and much of the increase was driven by goods that have been produced but not yet sold.

Consumers in advanced economies benefit from the reduction in prices of traded goods; but low and even some medium-skill workers lose income as their equilibrium wages fall and their jobs are threatened.

In fact, even the “losers” benefit from the lower prices of goods and services brought about by globalization and technological innovation.

This can take the form of direct compensation or greater provision of free or semi-free public goods (for example, education, retraining, health care, unemployment benefits, and portable pensions).

Here, the Fed is making a fatal mistake, as it relies heavily on a timeworn inflation-forecasting methodology that filters out the “special factors” driving the often volatile prices of goods like food and energy.

In standard analyses, the tax cut brings a reduction in government purchases of goods and services, like defense.

For example, although megacities have the potential to create new opportunities for workers and businesses, they cannot solve universal problems like climate change or manage the production and protection of national and global public goods.

Finally, while individual choice within markets is often the most efficient way to allocate resources, markets do not produce a sufficient supply of public goods.

Indeed, there are some goods that the private sector is simply unable to provide.

MGI finds that global flows of goods, services, capital, people, and data over the past decade have boosted world GDP by around 10% above where it otherwise would have been.

Chinese imports have cut the price of US consumer goods by an estimated 27%.

And firms in the US would take a direct hit from higher tariffs in trade, given that 77% of China’s exports to the US are intermediary and capital goods used to produce finished products, according to the McKinsey Global Trade Database.

Forcing everyone to buy more expensive, less reliable energy pushes up costs throughout the economy, leaving less for other public goods.

That became clear this year when US President Donald Trump imposed the first of a widening set of tariffs against Chinese goods, with China retaliating in kind.

From a historical perspective, CFT essentially amounts to a unilateral activation of the scarce-currency clause (Article 7) of the Bretton Woods Agreement, which allowed the International Monetary Fund to declare “scarce” the currency of a country running a persistent trade surplus, permitting other members to discriminate against its goods.

An enlightened corporate state, where unions fully support growth and competitiveness objectives, can deliver the economic goods as well as more de-centralized systems.

They have, however, helped support China’s economy by allowing Americans to run up consumer debt by buying more Chinese goods than they rightfully need.

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