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Economics Grade 11 Latest Assignment and Memos CAPS

Economics Grade 11 Latest Assignment and Memos for CAPS Curriculum (Syllabus) South Africa: A National Curriculum and Assessment Policy Statement (CAPS) is a single, comprehensive, and concise policy document introduced by the Department of Basic Education for all the subjects listed in the National Curriculum Statement for Grades R – 12.  CAPS gives detailed guidance for teachers on what they should teach and how to assess.

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economic assignment 2022

Economics is a vast subject and needs to be deeply understood when writing about any topic concerning it. You may be nervous when writing your assignment. You need not worry anymore as we are here with everything you need to write a great economics assignment. This article is going to educate you about how to write an economics assignment.

Things To Keep In Mind While Writing Your Economics Assignment

Follow the below-mentioned tips to write an amazing economics assignment.

Collect all the data accessible to you on the topic that you have been assigned or that you have picked for yourself. You can do this by going through the books available at a library, the web, and other sources that have databases related to your research. You should not indulge in a lot of sources as that would confuse you. Stick to the resources that you find are relevant and explain your topic in a good way. In-depth research will assist you in composing assignments that are factually and technically accurate. All you have to do is have a clear idea about your topic so that you can explain to the person reading your assignment what it is about. This can only be done if you do the research in the correct manner.

Read everything and then make an analysis of your own. Include everything that you think is important.

But in order to be 100% sure that your research is correct, we recommend you to buy assignment online on EasyEssay.us , it’s a legit writing service that is based in the USA.

Assignment Structure

You can use the format that has been provided by your teacher. If not then you should follow the standard format of the assignment. If you do not follow a proper structure you may end up losing marks which are not at all good for your academic records. In case you are not aware of the format here is the right one to write your economics assignment-

  • Title – The first page should contain the topic of your assignment.
  • Index – Include all the sub-topics that are included in your assignment. (This may not be necessary when it comes to small assignments.)
  • Body – Now write all the things that should be covered under the topic. Write only relevant stuff and do not stray from the topic. Include all the facts, reviews, and literature that support your topic. The methods and the findings are also to be written here.
  • Conclusion – Concluding the topic is very important as it sums up your assignment and also shows your understanding of the assignment. You should end it with your thoughts on the subject and give suggestions.
  • Referencing – This is quite an important part of the assignment. If you want the plagiarism content to be low you can give credit to all the sources that you have cited in the assignment. Follow the format that has been asked to. You can learn various referencing styles from the internet.

No Unnecessary Information And Jargon

The language used in the assignment should be easy to understand, composed of simple English, and clear. Try avoiding the use of jargon wherever unnecessary and also stay clear of highly technical language. Include them only when it is needed. When you overuse a high level of terminology it becomes difficult for the person reading your work to clearly understand what you are trying to convey to them.

Avoid making unnecessary repetitions of the information and complete your assignment within the word limit assigned to you. If you keep on repeating the information the reader will understand you only wanted to reach the word limit and have not taken the assignment seriously. Also do not include information that has nothing to do with the topic that you are writing about. Stick to only the relevant points.

Edit And Proofread

Before you submit your assignment make sure you read it once thoroughly so that you can remove the mistakes and edit it wherever it is required. This way if there is any problem in the assignment it will be solved giving you better chances of scoring well in the assignment.

If you want to score good marks in your economics assignment then you should keep all of the above-mentioned tips in your mind. If you follow them all and work hard in making your assignment then you will surely get a good grade.

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Summary of the 2022 Economic Report of the   President

Today, the Council of Economic Advisers released the Economic Report of the President, which includes the Annual Report of the Council of Economic Advisers. This Report, required by statute, demonstrates the robust economic progress the United States has made over the past year, and makes the case for the Biden-Harris Administration’s economic policy priorities.

The Report begins with a reflection by President Biden about the Administration’s economic accomplishments over the 2021 calendar year and opportunities and challenges ahead. The Annual Report of the Council of Economic Advisers follows, with seven chapters, a report on CEA’s activities in 2021, and statistical tables relating to income, employment, and production.

The volume includes the following chapters:

The Public Sector’s Role in Economic Growth

Chapter 1 outlines the rationale for public investment as a way to produce economic growth and reduce inequality. It also provides an overview of the volume.

“…when the public sector stepped back, economic growth diminished and became less evenly shared. The private sector did not lose a rival; it lost a partner.”

The Year in Review and the Years Ahead

Chapter 2 provides an overview of the economy over the past year, focusing on how this recovery differs from past ones. The chapter discusses fiscal and monetary policy support, pandemic issues, inflation, and labor force participation. The macroeconomic forecast underpinning the Administration’s Fiscal Year 2023 Budget is also presented.

“…in 2021, more than a year after shutdowns and masking began, almost every driver of the economic ebbs and flows the United States experienced had stemmed directly or indirectly from this virus.”

The U.S. Economy and the Global Pandemic

Chapter 3 analyzes the U.S. economy in a global context, examining other countries’ paths toward recovery, inflation trends, labor markets, and shifts in international trade and their impact on the U.S. trade deficit. The chapter then discusses principles for U.S. international economic policy that promotes economic resilience and generates benefits that are shared broadly across American society.

“Bolstered by an early and rapid vaccine rollout as well as by strong fiscal support, the United States’ recovery has been robust, outpacing that of most of our major trading partners in 2021.”

Investing in People: Education, Workforce Development, and Health

Chapter 4 discusses education, workforce development, and health, and public investments that would support the development of these forms of human capital. It discusses policy changes that could expand U.S. economic capacity and allow human capital to be used more productively.

“Investments in people expand the productive capacity of the U.S. economy, boost living standards, and ensure that our workforce has the skills and education needed to compete in this dynamic world.”

Barriers to Economic Equality: The Role of Monopsony, Monopoly, and Discrimination

Chapter 5 analyzes the forces that inhibit markets from being truly competitive and the importance of addressing factors that get in the way of workers achieving their true potential—particularly monopsony, monopoly, and race and gender discrimination. It also examines how persistent inequality may reduce economic efficiency and capacity growth, and how policies (such as raising the minimum wage and protecting workers’ right to organize a union) can counteract the noncompetitive forces that contribute to inequality.

“Addressing inequality is important for ensuring that people are rewarded fairly for their efforts and contributions to productivity as well as for fostering stronger productivity and growth.”

Building Resilient Supply Chains

Chapter 6 describes the evolution of the supply chain and discusses the market failures associated with firms’ increased reliance on outsourcing and offshoring. It then provides examples of Administration proposals that would help to overcome these market failures, strengthening supply chains’ resilience and innovation.

“The year 2021 was when supply chains—the networks of producers, transportation companies, and distribution centers that develop and move products and services—entered dinner table conversations.”

Accelerating and Smoothing the Clean Energy Transition

Chapter 7 discusses climate risks and global progress in mitigating those risks by transitioning to clean energy. The chapter also outlines a set of market failures holding back the energy transition, discusses policies that can cost-effectively accelerate the transition, and explains the economic rationale underlying Federal climate policies to smooth the energy transition for U.S. domestic industries and vulnerable communities.

“…the energy transition provides opportunities for bolstering domestic firms in emerging carbon-free industries and for economic development in the communities that are most vulnerable to the transition’s risks.”

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There will be two short papers on assigned topics. The first will be early in the semester, covering topics from the first several weeks. The second will cover topics from the remaining weeks. I am looking for 3-5 page papers that explore subjects prompted by questions that I will provide to you in advance. However, I also encourage you to take the less-trodden path and explore something unique and interesting to you.

Each of you will write a term paper tracing and critically discussing the intellectual history of an economic topic of your choice. This assignment will be scaffolded so that certain sections of the paper are due partway through the semester so that I can provide feedback for you to incorporate into the final draft. More information will be provided in class.

economic assignment 2022

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economic assignment 2022

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National 5 Economics - assignment

Assignment 2023  (all links open as pdf files).

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Junior International Consultant, Women’s Economic Empowerment, Research and Data

Advertised on behalf of.

Bangkok, THAILAND

Type of Contract :

Individual Contract

Starting Date :

18-Sep-2024

Application Deadline :

25-Aug-24 (Midnight New York, USA)

Post Level :

International Consultant

Duration of Initial Contract :

Time left :, languages required :.

English  

Expected Duration of Assignment :

UNDP is committed to achieving workforce diversity in terms of gender, nationality and culture. Individuals from minority groups, indigenous groups and persons with disabilities are equally encouraged to apply. All applications will be treated with the strictest confidence. UNDP does not tolerate sexual exploitation and abuse, any kind of harassment, including sexual harassment, and discrimination. All selected candidates will, therefore, undergo rigorous reference and background checks.

UN Women, grounded in the vision of equality enshrined in the Charter of the United Nations, works for the elimination of discrimination against women and girls; the empowerment of women; and the achievement of equality between women and men as partners and beneficiaries of development, human rights, humanitarian action and peace and security.

A key area of concern for UN Women is women’s economic empowerment (WEE) as expressed in UN Women’s Strategic Plan 2022-2025 as well as in the targets and indicators of the Sustainable Development Goal (SDG) 5 for gender equality and women’s empowerment and of several other SDGs relating to inclusive growth, decent work, ending poverty, and reducing inequality, and revitalizing the global partnership for sustainable development.  Aligned with the global SP (2022-2025), the ROAP SN (2023-2025) will focus on six SP cross-thematic outcomes to drive results across the ROAP’s thematic areas i.e., Inclusive governance, Ending Violence Against Women and Girls (EVAWG), Women’s Economic Empowerment (WEE), Women Peace and Security (WPS), Climate Change, Humanitarian Action (HA) and DRR. It will also seek to enhance key areas of expertise in response to demand from country presences in the areas of economic planning, climate change and Knowledge Management (KM). Further, the ROAP’s thematic and functional activities will be geared towards effective and targeted support for country presences.  

The work of UN Women is based on a triple mandate: A normative mandate to support the formulation of global and regional standards and norms for gender equality; an operational mandate to support UN member states in implementing these standards; and finally, a mandate to coordinate the UN system’s efforts to deliver on its gender equality commitment. 

 The Women’s Economic Empowerment & Migration at the Regional Office for the Asia Pacific operates with the key overarching objective: Women have income security, decent work, and economic autonomy as articulated in the SN ROAP Women’s Economic Empowerment & Migration: 2023-2025.  The WEE portfolio is expanding focusing on the four key strategic priorities:   

  • Advancing Gender-Responsive Business Conduct and Creating More Decent Work Opportunities (WEPs) 
  • Transforming the Care Economy  
  • Accelerating Gender-Responsive Entrepreneurship for (M)SMEs (i.e. Gender-Responsive Procurement, Women’s entrepreneurship etc.) 
  • Progressing Safe Migration to Decent Employment  

These thematic areas are not operating in isolation and are strongly inter-connected and under-pinned by cross-cutting principles, such as: sector-agnostic work (across the Green & Blue -, care, fintech and digital economy); embracing an intersectional and conscious social norms lens into programming, and nexus to thematic areas such as Climate Change, Ending Violence Against Women, Humanitarian and Women Peace and Security (WPS). 

The increased importance of Women’s Economic Empowerment across the region and the numerous RO-led WEE initiatives has resulted in an increased demand for the Regional Office in Asia Pacific (ROAP) to expand and strengthen its work on its normative mandate, to ensure gender-responsive laws and policies for women’s economic empowerment in a manner that is closely aligned with WEE ROAP programmes and results frameworks. This includes a growing need for research and knowledge production for the region. The Junior Consultant will act as an important support in the production of knowledge products aimed at enhancing evidence-informed decision making in the relevant areas for WEE.

The objective of this consultancy is to provide specialized support in conducting gender analysis and supporting assessments pertaining to women’s economic empowerment in countries in Asia and the Pacific region. The consultant will focus on advancing gender equality and women's empowerment within the transforming care systems discourse by conducting context-specific assessments on gendered rooted causes of inequalities in the world of work, including identifying policy areas as critical domains of change where evidence-enhanced decision making can be enhanced.   Furthermore, the consultant's work will support the construction of a database for Asia and the Pacific for simulation of costing Sustainable Development Goals.

Under the supervision and guidance of Gender Statistics Specialist in the WEE Team, this consultant seeks to gain experience in internationally agreed indicators and national sources of relevant data women’s economic empowerment to conduct context-specific analysis to enhance evidence-informed decision making in the care economy and SDGs costing.

Duties and Responsibilities

Below is a list of a wider range of skillsets relevant to women’s economic empowerment research and data portfolio. We encourage applicants with relevant experience in any of the mentioned areas to apply. If you possess a subset of these skillsets, we would still be interested in considering your application.  

  • Provide up-to-date information on policies and actions in Asia-Pacific aimed at recognizing, redistributing, and reducing unpaid care work as well as representing and rewarding paid care workers.
  • Assist in conducting empirical analysis of relevant and timely gender indicators.
  • Assist in constructing a database for Asia-Pacific for SDG costing

 

Identify countries for gender analysis of transforming care systems based on criteria set up in close coordination with UN Women. Review data availability and conduct a desk review of relevant policies and action to transform care systems in select countries. Prepare a first draft template for country factsheet on WEE.

Prepare a first draft of the dataset on public spending for SDG costing.
18 October 2024

Draft country factsheets as per agreed template and select countries.

Refine the dataset on public spending with additional available data on public spending and select SDGs.

Conduct desk review on WEE relevant topics for SDG costing 
19 November 2024

Finalize country factsheets and database for SDG costing simulation.

Finalize desk review on WEE relevant topics for SDG costing.
20 December 2024

Competencies

In addition to aforementioned requirements and qualifications, it is important that the consultants share the core values and core competencies of the organization. 

Core Values

  • Respect for Diversity 
  • Integrity 
  • Professionalism 

Core Competencies

  • Awareness and Sensitivity Regarding Gender Issues 
  • Accountability 
  • Creative Problem Solving 
  • Effective Communication 
  • Inclusive Collaboration 
  • Stakeholder Engagement 
  • Leading by Example 

Please visit this link for more information on UN Women’s Core Values and Competencies:  

https://www.unwomen.org/en/about-us/employment/application-process#_Values  

FUNCTIONAL COMPETENCIES

  • Good technical knowledge in the field of gender equality and women’s economic empowerment
  • Adaptability and commitment to continuous learning
  • Good analytical skills
  • Strong communication and presentation skills
  • Good knowledge of internationally agreed indicators, such as Sustainable Development Goals
  • Strong project management support skills
  • Good networking and partnership building skills

Required Skills and Experience

Education and Certification

Master’s degree in Gender and Development, Economics, Political Science, or other relevant disciplines. (A first-level university degree in similar fields in combination with two additional years of qualifying experience may be accepted in lieu of the advanced university degree.)

  • A minimum of 1 year of relevant progressively responsible experience in conducting empirical research from a gender lens, with a focus on advancing gender equality and women’s empowerment.
  • Demonstrated experience working with gender data to advance evidence on persistent roots of gender inequality in the world of work, particularly within the Asia and Pacific region is required.
  • Experience in leveraging gender data for enhancing evidence-informed decision making, especially in the context of monitoring commitments to gender-relevant framework through internationally agreed gender indicators is desirable.
  • Having UN experience and international organization will be an advantage.
  • Fluency in English is required.
  • Knowledge of other language spoken in the Asia-Pacific region, or any UN official language is an asset.

How to apply

Interested candidates are encouraged to submit electronic application via the Jobs.UNDP.org platform.

Submission package must include:

  • Personal History Form (P11) which can be downloaded from UN-Women-P11-Personal-History-Form.doc (live.com)
  • Cover letter explaining your interest in the consultancy and why you are the most suited candidate for this position.

Kindly note that the system will only allow one attachment. Applications without the completed UN Women P-11 form will be treated as incomplete and will not be considered for further assessment.

Payments for this consultancy will be based on the achievement of each deliverable and certification that each has been satisfactorily completed. Payments will not be based on the number of days worked but on the completion of each stated deliverable within the indicated timeframes.

UN Women Statement

At UN Women, we are committed to creating a diverse and inclusive environment of mutual respect. UN Women recruits, employs, trains, compensates, and promotes regardless of race, religion, color, sex, gender identity, sexual orientation, age, ability, national origin, or any other basis covered by appropriate law. All employment is decided on the basis of qualifications, competence, integrity and organizational need.  

If you need any reasonable accommodation to support your participation in the recruitment and selection process, please include this information in your application.  

UN Women has a zero-tolerance policy on conduct that is incompatible with the aims and objectives of the United Nations and UN Women, including sexual exploitation and abuse, sexual harassment, abuse of authority and discrimination.  All selected candidates will be expected to adhere to UN Women’s policies and procedures and the standards of conduct expected of UN Women personnel and will therefore undergo rigorous reference and background checks. (Background checks will include the verification of academic credential(s) and employment history. Selected candidates may be required to provide additional information to conduct a background check.) 

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Harris Plans to Ban Grocery ‘Price Gouging.’ What Does the Evidence Say?

Price increases when demand exceeds supply are textbook economics. The question is whether, and how much, the pandemic yielded an excess take.

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Produce shelves at a grocery store, with carrot bunches, bags of potatoes, leafy greens and other items.

By Jim Tankersley and Jeanna Smialek

Reporting from Washington

Vice President Kamala Harris’s economic agenda for her presidential campaign features an argument that blames corporate price gouging for high grocery prices.

That message polls well with swing voters. It has been embraced by progressive groups , which regularly point to price gouging as a driver of rapid inflation, or at least something that contributes to rapid price increases. Those groups cheered the announcement late Wednesday that Ms. Harris would call for a federal ban on corporate price gouging on groceries in an economic policy speech on Friday.

But the economic argument over the issue is complicated.

Economists have cited a range of forces for pushing up prices in the recovery from the pandemic recession, including snarled supply chains, a sudden shift in consumer buying patterns , and the increased customer demand fueled by stimulus from the government and low rates from the Federal Reserve. Most economists say those forces are far more responsible than corporate behavior for the rise in prices in that period.

Biden administration economists have found that corporate behavior has played a role in pushing up grocery costs in recent years — but that other factors have played a much larger one.

The Harris campaign announcement on Wednesday cited meat industry consolidation as a driver of excessive grocery prices, but officials did not respond on Thursday to questions about the evidence Ms. Harris would cite or how her proposal would work.

There are examples of companies telling investors in recent years that they have been able to raise prices to increase profits. But even the term “price gouging” means different things to different people.

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  • Release calendar
  • Methodology

UK trade: June 2024

Total value of UK exports and imports of goods and services in current prices, chained volume measures and implied deflators.

This is the latest release. View previous releases

Contact: Email UK Trade team

Release date: 15 August 2024

Next release: 11 September 2024

Table of contents

  • Main points
  • Monthly trade in goods
  • Monthly trade in goods by commodity
  • Monthly trade in services
  • Quarterly trade in goods and services
  • Quarterly trade in goods by commodity
  • Quarterly trade in services by account type
  • Quarterly total trade balances
  • Explore UK trade in goods country-by-commodity data for 2023
  • UK trade data
  • Data sources and quality
  • Related links
  • Cite this statistical bulletin

Print this Statistical bulletin

Download as PDF

1. Main points

  • The value of goods imports increased by £3.3 billion (7.1%) in June 2024, with a rise in imports from both EU and non-EU countries.
  • The value of goods exports rose by £2.3 billion (7.6%) in June 2024, with an increase in exports to both EU and non-EU countries.
  • The total goods and services trade deficit widened by £7.1 billion to £13.3 billion in Quarter 2 (Apr to June) 2024, because of an increase in imports of goods.
  • The trade in goods deficit widened by £7.8 billion to £52.4 billion in Quarter 2 2024, as imports of goods rose by more than exports.
  • The increase in imports of goods in Quarter 2 2024 was driven by a rise in imports of machinery and transport equipment from both EU and non-EU countries, as well as a rise in fuel imports from non-EU countries.
  • The trade in services surplus is estimated to have widened by £0.7 billion to £39.1 billion, with a large increase in both exports and imports of services.

Please note that all trade figures exclude non-monetary gold (NMG) and other precious metals unless otherwise stated. This is because movements in NMG, an important component of precious metals, can be large and highly volatile, distorting underlying trends in goods exports and imports. Trade statistics in this bulletin are in value terms (current prices) not inflation-adjusted terms (chained volume measures) unless otherwise stated.

2. Monthly trade in goods

Total imports of goods in "current prices", which are not adjusted for inflation (explained in  Section 12: Glossary ), increased by £3.3 billion (7.1%) in June 2024. Imports from the EU rose by £2.1 billion (8.4%), and imports from non-EU countries increased by £1.2 billion (5.6%) (Table 1 and Figure 1).

Total exports of goods rose by £2.3 billion (7.6%) in June 2024, as exports to the EU increased by £1.4 billion (9.6%) and exports to non-EU countries increased by £0.9 billion (5.7%).

Imports from the EU were £4.2 billion higher than from non-EU countries in June 2024, while exports to the EU were £0.9 billion lower than exports to non-EU countries.

Table 1: Both imports and exports of goods rose in June 2024
Monthly UK trade in goods, excluding precious metals, current prices, seasonally adjusted, EU and non-EU
ExportsImportsBalance
Total trade in goods:
June 2024 vs May 2024
Value (£bn)32.149.617.5
Change (£bn)2.33.31.0
% Change7.67.1
EU:
June 2024 vs May 2024
Value (£bn)15.626.911.3
Change (£bn)1.42.10.7
% Change9.68.4
Non-EU:
June 2024 vs May 2024
Value (£bn)16.522.76.2
Change (£bn)0.91.20.3
% Change5.75.6

Download this table Table 1: Both imports and exports of goods rose in June 2024

Figure 1: imports from and exports to both eu and non-eu countries increased in june 2024, eu and non-eu goods imports and exports, excluding precious metals, current prices, seasonally adjusted, june 2021 to june 2024.

After removing the effect of inflation by calculating "chained volume measures" (explained in  Section 12: Glossary ), total goods imports increased by £3.0 billion (7.8%) in June 2024 (Figure 2). Imports from the EU rose by £2.1 billion (9.9%) and imports from non-EU countries rose by £0.9 billion (5.3%).

Total goods exports increased by £2.7 billion (11.0%) in June 2024, after the effect of inflation was removed. This was because exports to the EU increased by £1.5 billion (12.7%), and exports to non-EU countries increased by £1.2 billion (9.4%).

Figure 2: Imports from the EU increased substantially in both value and inflation adjusted terms in June 2024

Imports and exports of goods, excluding precious metals, current prices and chained volume measures, seasonally adjusted, eu and non-eu, june 2021 to june 2024, 3. monthly trade in goods by commodity, goods imports.

Imports from the EU increased by £2.1 billion (8.4%) in June 2024, primarily because of a £1.1 billion rise in imports of machinery and transport equipment (Figure 3). Imports of food and live animals and miscellaneous manufactures each increased by £0.3 billion and there was also a £0.2 billion rise in chemical imports.

The increase in imports of machinery and transport equipment was primarily because of increased imports of mechanical machinery and aircraft from France. The rise in imports of miscellaneous manufactures was linked to increases in other manufactures from Germany.

Imports from non-EU countries increased by £1.2 billion (5.6%) in June 2024. This was mainly because of a £0.6 billion rise in imports of machinery and transport equipment, as well as a £0.2 billion rise in imports of material manufactures.

The rise in imports of machinery and transport equipment was because of an increase in imports of aircraft from the United States and cars from China.

Figure 3: Imports of goods increased in June 2024, because of a rise in imports of machinery and transport equipment from both EU and non-EU countries

Eu and non-eu goods imports by commodity, current prices, seasonally adjusted, june 2022 to june 2024, goods exports.

Exports to the EU increased by £1.4 billion (9.6%) in June 2024. This was primarily because of a £0.8 billion increase in exports of machinery and transport equipment, a £0.3 billion increase in chemical exports, and a £0.2 billion increase in exports of material manufactures and fuels (Figure 4).

The increase in machinery and transport equipment exports was linked to an increase in exports of aircraft and electrical machinery to Germany, and mechanical machinery to France. The rise in chemical exports was linked to a rise in exports of medicinal and pharmaceutical products to Ireland.

Exports to non-EU countries increased by £0.9 billion (5.7%) in June 2024. This was because of a £0.9 billion increase in exports of chemicals, linked to a rise in inorganic chemicals, medicinal and pharmaceutical products and organic chemicals to the United States. Miscellaneous manufactures also increased by £0.3 billion, driven by small rises across multiple countries and commodities.

Figure 4: Exports to non-EU countries rose in June 2024 because of a rise in chemicals exports

Eu and non-eu goods exports by commodity, current prices, seasonally adjusted, june 2022 to june 2024, 4. monthly trade in services.

Early estimates suggest imports of services decreased by around £0.5 billion (1.9%) in value terms in June 2024, while exports rose by £0.2 billion (0.5%) (Figure 5). Although price rises have affected trade in services in recent months, in June 2024 there was little difference between trade in services trends in value and inflation-adjusted terms. Imports in inflation-adjusted terms decreased by £0.6 billion (2.6%) while exports increased by £0.2 billion (0.5%).

Monthly figures for trade in services for June 2024 are estimated from Quarter 2 (Apr to June) 2024 data, using additional data sources. Our UK Trade Quality and Methodology Information (QMI) has more detail on how our trade in services statistics are compiled.

The S&P Global Purchasing Managers' Index for June 2024 reported slowing growth in service sector activity, with business activity growing at the slowest rate for seven months. Demand for business services weakened domestically, but foreign spending on services increased.

Figure 5: Imports of services fell, while exports rose in both value and inflation-adjusted terms in June 2024

Imports and exports of services, current prices and chained volume measures, seasonally adjusted, june 2021 to june 2024, 5. quarterly trade in goods and services.

Total imports of goods increased by £9.0 billion (6.6%) in Quarter 2 (Apr to June) 2024, compared with Quarter 1 (Jan to Mar) 2024 (Table 2). Goods imports from the EU increased by £2.8 billion (3.6%), while goods imports from non-EU countries rose by £6.2 billion (10.4%).

Exports of goods increased by £1.2 billion (1.3%) in Quarter 2 2024. Goods exports to the EU increased by £0.5 billion (1.1%), while goods exports to non-EU countries increased by £0.7 billion (1.5%).

Early estimates indicate that imports of services increased by £2.6 billion (3.3%) in Quarter 2 2024 compared with Quarter 1 2024 and exports of services rose by an estimated £3.3 billion (2.8%).

Table 2: Total imports increased in Quarter 2 2024 because of a rise in imports of both goods and services
Quarterly UK trade, excluding precious metals, current prices, seasonally adjusted, EU and non-EU
ExportsImportsBalance
Total trade:
Quarter 2 (Apr to June) 2024 vs
Quarter 1 (Jan to Mar) 2024
Value (£bn)214.7228.0-13.3
Change (£bn)4.511.6-7.1
% Change2.15.4
Total trade in goods:
Quarter 2 (Apr to June) 2024 vs
Quarter 1 (Jan to Mar) 2024
Value (£bn)92.3144.8-52.4
Change (£bn)1.29.0-7.8
% Change1.36.6
Trade in goods, EU:
Quarter 2 (Apr to June) 2024 vs
Quarter 1 (Jan to Mar) 2024
Value (£bn)44.478.9-34.4
Change (£bn)0.52.8-2.3
% Change1.13.6
Trade in goods, non-EU:
Quarter 2 (Apr to June) 2024 vs
Quarter 1 (Jan to Mar) 2024
Value (£bn)47.965.9-18.0
Change (£bn)0.76.2-5.5
% Change1.510.4
Total trade in services:
Quarter 2 (Apr to June) 2024 vs
Quarter 1 (Jan to Mar) 2024
Value (£bn)122.383.239.1
Change (£bn)3.32.60.7
% Change2.83.3

Download this table Table 2: Total imports increased in Quarter 2 2024 because of a rise in imports of both goods and services

6. quarterly trade in goods by commodity.

Imports of goods from the EU increased by £2.8 billion (3.6%) in Quarter 2 (Apr to June) 2024 compared with Quarter 1 (Jan to Mar) 2024, mainly because of a £1.4 billion increase in imports of machinery and transport equipment (Figure 6). There was also a £0.5 billion rise in imports of material manufactures and a £0.4 billion rise in imports of food and live animals.

The rise in imports of machinery and transport equipment was because of increased imports of cars from Belgium, ships from Italy, and mechanical machinery from Germany. The rise in imports of material manufactures was because of increased imports of non-ferrous metals from Switzerland.

Imports from non-EU countries increased by £6.2 billion (10.4%) in Quarter 2 2024, because of a £2.0 billion rise in imports of fuels and a £1.7 billion rise in machinery and transport equipment. Additionally, imports of material manufactures rose by £0.9 billion, and imports of miscellaneous manufactures increased by £0.7 billion.

The rise in imports of fuels was mainly driven by increased imports of refined oil from India following the decrease seen in Quarter 1 2024. The rise in imports of machinery and transport equipment was linked to increased imports of aircraft from the United States and ships from China.

Exports to the EU increased by £0.5 billion (1.1%) in Quarter 2 2024, because of a £0.3 billion rise in chemicals exports and a £0.2 billion rise in material manufactures exports. These increases were partially offset by £0.2 billion falls in exports of both fuels and machinery and transport equipment.

The increase in chemical exports was mainly because of a rise in organic chemicals to Belgium, while the decreases in exports of fuels and machinery and transport equipment were driven by a fall in crude oil exports to Poland and reduced cars to Belgium.

Exports to non-EU countries increased by £0.7 billion (1.5%) in Quarter 2 2024, because of a £0.7 billion rise in exports of machinery and transport equipment and a £0.6 billion rise in chemical exports. This was partially offset by a £0.8 billion fall in exports of material manufactures.

The rise in machinery and transport equipment exports was because of an increase in exports of mechanical machinery to Hong Kong, and the rise in chemicals exports was because of increased exports of medicinal and pharmaceutical products to the United States.

Figure 6: Imports of machinery and transport equipment from both EU and non-EU countries rose in Quarter 2 2024

Changes in imports and exports by goods commodity group, excluding unspecified goods, current prices, seasonally adjusted, quarter 2 (apr to june) 2024 compared with quarter 1 (jan to mar) 2024, 7. quarterly trade in services by account type.

Early estimates indicate that imports of services increased by £2.6 billion (3.3%) in Quarter 2 (Apr to June) 2024 compared with Quarter 1 (Jan to Mar) 2024. The largest rises in imports were a £1.4 billion increase in other business services, a £0.7 billion increase in intellectual property services, and a £0.5 billion increase in construction services (Figure 7). These rises were partially offset by a £0.6 billion decrease in travel services and a £0.2 billion decrease in insurance and pension services.

Exports of services increased by £3.3 billion (2.8%) in Quarter 2 2024, because of rises in several service types including a £1.8 billion rise in other business services, a £0.9 billion rise in travel and a £0.7 billion rise in telecoms, computer, and information services. These increases were partially offset by a £0.4 billion fall in financial services.

Figure 7: Both imports and exports of travel and transport services increased in Quarter 2 2024

Changes in imports and exports by service account type, current prices, seasonally adjusted, quarter 2 (apr to june) 2024 compared with quarter 1 (jan to mar) 2024.

economic assignment 2022

Source: UK trade statistics from the Office for National Statistics

Download this chart figure 7: both imports and exports of travel and transport services increased in quarter 2 2024, 8. quarterly total trade balances.

The total goods and services trade balance, excluding precious metals, widened by £7.1 billion to a deficit of £13.3 billion in Quarter 2 (Apr to June) 2024 (Figure 8), as imports of goods increased by more than exports. Imports rose by £11.6 billion over this period, and exports increased by £4.5 billion. When removing the effect of inflation, the total trade deficit, excluding precious metals, widened by £6.3 billion to £13.3 billion.

The trade in goods deficit in value terms, excluding precious metals, widened by £7.8 billion to £52.4 billion in Quarter 2 (Apr to June) 2024, as both goods exports and imports increased. The trade in services surplus is estimated to have widened by £0.7 billion to £39.1 billion, driven by an increase in exports of services.

Figure 8: The trade in goods and services deficit, excluding precious metals, widened in Quarter 2 2024, caused by increased imports of goods

Uk trade balances, current prices, seasonally adjusted, quarterly, quarter 2 (apr to june) 2021 to quarter 2 (apr to june) 2024.

economic assignment 2022

  • Quarterly data provide more stable estimates of trade balances, however this may mask trends in monthly data.

Download this chart Figure 8: The trade in goods and services deficit, excluding precious metals, widened in Quarter 2 2024, caused by increased imports of goods

9. explore uk trade in goods country-by-commodity data for 2023.

Explore the 2023 trade in goods data using our interactive tools. Our data break down UK trade in goods with 234 countries by 125 commodities.

Use our map to get a better understanding of what goods the UK traded with a country. Select a country by hovering over it (desktop only) or use the drop-down menu.

For more information about our methods and how we compile these statistics, see our  Trade in goods, country-by-commodity experimental data: 2011 to 2016 article . Users should note that the data published alongside this release are official statistics and no longer experimental.

These data are our best estimate of these bilateral UK trade flows. Users should note that alternative estimates are available, in some cases, through the statistical agencies for bilateral countries or through central databases, such as  United Nations (UN) Comtrade .

This interactive map denotes country boundaries in accordance with statistical classifications set out in Appendix 4 of the  Balance of Payments (BoP) Vademecum (PDF, 2.9MB)  and do not represent the UK policy on disputed territories.

You can also explore the 2023 trade in goods data by commodity, such as car exports to the EU, and UK tea or coffee imports.

Select a commodity from the drop-down menu or select the levels with your digit or cursor to explore the data.

  • For more information about our methods and how we compile these statistics, see our  Trade in goods, country-by-commodity experimental data: 2011 to 2016 article . Users should note that the data published alongside this release are no longer experimental.
  • These data are our best estimate of these bilateral UK trade flows. Users should note that alternative estimates are available, in some cases, through the statistical agencies for bilateral countries or through central databases, such as  UN Comtrade .
  • These interactive charts denote country boundaries in accordance with statistical classifications set out within Appendix 4 of the  Balance of Payments (BoP) Vademecum (PDF, 2.9MB)  and does not represent the UK policy on disputed territories.

10. Revisions

In accordance with the  National Accounts Revisions Policy , the data in this release have been revised from April 2024 to May 2024 for both goods and services.

Blue Book 2024 publication update

The 2024 UK annual national accounts , also known as Blue Book 2024, will incorporate a number of methodological changes focused on data pertaining to recent years, along with the addition of more recent survey and administrative information.

On 7 August we published our Blue Book 2024: advanced aggregate estimates article to give users details of the impact of the 2024 UK national accounts update on current price and chained volumes measure estimates of GDP from 1997 to 2022.

This estimates 2022 for the first time using the supply and use tables (SUTs) framework, as well as improving the estimates of 2020 and 2021 with more recent data. We have also implemented outstanding classification decisions affecting the public sector, as well as improvements to the UK trade gas exports deflator. Additionally, we have updated the base year to 2022 after holding this fixed since the start of the coronavirus (COVID-19) pandemic.

The next Quarterly National Accounts release on 30 September 2024 will incorporate these revisions, and any updates to 2023 onwards, in our official estimates in line with our National Accounts Revision Policy .

These revisions will be included in our UK trade: August 2024 bulletin publication on 11 October 2024.

Until the Blue Book 2024 data are incorporated into our monthly UK trade estimates on 11 October 2024, our UK trade estimates will continue to have a reference and base year of 2019.

11. UK trade data

UK trade: goods and services publication tables Dataset | Released 15 August 2024 Monthly data on the UK's trade in goods and services, including trade inside and outside the EU.

UK trade time series Dataset MRET | Released 15 August 2024 Monthly value of UK exports and imports of goods and services by current price, chained volume measures (CVMs) and implied deflators (IDEFs).

UK trade in goods by classification of product by activity time series Dataset MQ10 | Released 15 August 2024 Quarterly and annual time series of the value of UK imports and exports of goods grouped by product. Goods are attributed to the activity of which they are the principal products.

Customise my dataset: country by commodity Dataset | Released 15 August 2024 Customisable version of country by commodity data on the UK's trade in goods, including trade by all countries and selected commodities, exports and imports, non-seasonally adjusted.

Other related trade data Dataset web page | Released 15 August 2024 Other UK trade data related to this publication. These include trade in goods for all countries with the UK, monthly export and import country-by-commodity trade in goods data, and revisions triangles for monthly trade data.

12. Glossary

Chained volume measures.

Chained volume measures (CVMs) are a "real" measure in that they have had the effect of inflation removed to measure the change in volume between consecutive periods, fixing the prices of goods and services in one period (known as the base year, which is 2019 for trade).

Current price measures

Current price estimates (CPs) measure the actual price paid for goods or services and are not adjusted for inflation. Unless otherwise stated, all current price data are provided in £ million and are seasonally adjusted.

Inflation is the change in the average price level of goods and services over a period of time.

Implied deflators

An implied deflator (IDEF) shows the implied change in average prices for the respective components of the trade balance, for example, the IDEF for imports will show the average price movement for imports.

Precious metals and non-monetary gold

Precious metals include precious metals, silver, platinum and palladium, and it forms part of the commodity group "unspecified goods". Non-monetary gold comprises the majority of this group and is the technical term for gold bullion not owned by central banks.

Trade balance

The trade balance is the difference between exports and imports or exports minus imports. When the value of exports is greater than the value of imports, the trade balance is in surplus. When the value of imports is greater than the value of exports, the trade balance is in deficit. The balance is sometimes referred to as "net exports".

A full  Glossary of economic terms  is available.

13. Data sources and quality

The UK leaving the EU and the subsequent transition period, along with the impact of the coronavirus (COVID-19) pandemic, supply chain disruption and global recession, have caused higher levels of volatility in trade statistics in recent years. The monthly analysis shows short-term trade movements, but it is important to note that monthly data can be erratic, so movements should be treated with caution.

Data collection changes

Since the UK left the EU on 31 January 2020, the arrangements for how the UK trades with the EU changed.

HM Revenue and Customs (HMRC) implemented some data collection changes following Brexit, which affected statistics on UK trade in goods with the EU. We have made adjustments to our estimates of goods imports from the EU in 2021 and 2022 to account for these changes, however a structural break remains in the full time series for goods imports from and exports to the EU from January 2021.

We advise caution when interpreting and drawing conclusions from these statistics. Our article,  Impact of trade in goods data collection changes on UK trade statistics: summary of adjustments and the structural break from 2021 , provides more detail.

Data sources

Data from HMRC make up over 90% of trade in goods value and are the main source for this release. Data from the quarterly International Trade in Services (ITIS) Survey make up over 50% of trade in services data. View our  UK Trade Quality and Methodology Information (QMI)  for more detail. 

Data from the International Passenger Survey (IPS) are the main source for travel services, historically making up around 8% of total imports. The survey has now fully resumed following the suspension in 2020.

Unless otherwise specified, data within this bulletin are in current prices and have not been adjusted to remove the effects of inflation. In line with international standards, our headline trade statistics contain the UK's exports and imports of non-monetary gold. More information can be found in National Accounts articles: A brief explanation of non-monetary gold in national accounts .

Trade is measured through both exports and imports of goods and services. Data are supplied by over 30 sources, including several administrative sources, with HMRC being the largest for trade in goods.

Our UK trade figures are produced using country of dispatch, which records imports as coming from the country dispatching the shipments. However, trade figures can also be produced using country of origin, as is used by the Department for Energy Security and Net Zero (DESNZ). Users should be aware of the different accounting methods used and the resulting differences across trade figures.

Monthly trade in services data are taken from quarterly trade in services data and split across the months within that quarter through estimation. In months where we have a full quarter's data, we revise previous estimates of monthly values within that quarter.

View more detailed information about the methods used to produce UK trade statistics in our  UK Trade methodology .

Strengths and limitations

National statistics designation status.

The  UK Statistics Authority suspended the National Statistics designation of UK trade (PDF, 72.9KB) on 14 November 2014. We have now responded to all of the specific requirements of the Office for Statistics Regulation's (OSR's) reassessment of UK trade . As part of our engagement with the OSR team, we are sharing our continuous improvement and development plans to support UK trade statistics regaining  Accredited official statistics status . We welcome feedback on our new trade statistics, developments, and future plans, by email to  [email protected] .

Trade asymmetries

Asymmetries can be caused by a range of conceptual and measurement variations between the estimation practices of different countries. Statistical agencies are likely to have different source data, estimation methods, and methodological, geographical, and definitional differences. HM Revenue and Customs (HMRC) publishes more  information on UK trade asymmetries . We publish analysis on trade in services asymmetries in our  Asymmetries in trade data articles .

More quality and methodology information (QMI) on strengths, limitations, appropriate uses, and how the data were created is available in our  UK Trade QMI .

14. Related links

UK trade in goods, year in review: 2023 Article | Released 1 March 2024 Analysis of UK trade in goods in 2023 in the context of volatile pricing trends.

Impact of trade in goods data collection changes on UK trade statistics: summary of adjustments and the structural break from 2021 Article | Released 22 January 2024 Details of the structural break affecting goods imports from and exports to the EU from January 2021, resulting from the move from Intrastat to customs declarations.

Trading places: How we are producing consistent estimates of trade figures following the UK's EU exit Blog post | Released 10 February 2023 A blog summarising the changes to the way trade in goods is recorded following the UK's exit from the EU, and how we are responding to their impact.

Focus on UK trade Article series | Latest release 26 January 2023 A series of articles taking a closer look at emerging themes in UK trade statistics.

The impact of sanctions on UK trade with Russia: November 2022 Article | Released 26 January 2023 An analysis of the impact of economic sanctions of UK trade in goods with Russia.

Different ways of measuring trade: Where do our imports come from? Blog post | Released 26 January 2023 A blog outlining the differences between country of origin and country of dispatch for import statistics.

15. Cite this statistical bulletin

Office for National Statistics (ONS), released 15 August 2024, ONS website, statistical bulletin, UK trade: June 2024

Contact details for this Statistical bulletin

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Presented with rise in border crossings, Kamala Harris chose a long-term approach to the problem

Image

FILE - Vice President Kamala Harris stands in front of mountains during a news conference, June 25, 2021, at the airport after her tour of the U.S. Customs and Border Protection Central Processing Center in El Paso, Texas. (AP Photo/Jacquelyn Martin, File)

FILE - Vice President Kamala Harris, right, smiles as women speak to her about their businesses during a meeting with Guatemalan women entrepreneurs and innovators at the Universidad del Valle de Guatemala, June 7, 2021, in Guatemala City. (AP Photo/Jacquelyn Martin, File)

FILE - Vice President Kamala Harris walks to board Air Force Two to return to Washington, Jan. 27, 2022, in Palmerola, Honduras. (Erin Schaff/The New York Times via AP, Pool, File)

FILE - Vice President Kamala Harris speaks to the media, June 8, 2021, at the Sofitel Mexico City Reforma in Mexico City. (AP Photo/Jacquelyn Martin, File)

FILE - Vice President Kamala Harris and Mexican President Andrés Manuel López Obrador wave from the balcony of the Eisenhower Executive Office Building on the White House complex in Washington, Nov. 18, 2021. (AP Photo/Susan Walsh, File)

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WASHINGTON (AP) — President Joe Biden , watching tens of thousands of migrants from Central America reach the U.S.-Mexico border just a few months into his administration, tapped his second-in-command to help address the influx — a decision that has exposed Vice President Kamala Harris to one of her biggest political liabilities.

In grappling with migration , Harris proceeded cautiously. She focused her time and prestige on boosting private investment in El Salvador, Honduras and Guatemala, the so-called Northern Triangle; her goal was to help create jobs to bolster economies and dissuade migrants from making the perilous journey to the United States.

It was a decidedly long-term — and limited — approach to a humanitarian crisis, and it has allowed Republicans to tie her to the broader fight over the border. While migration from the Northern Triangle ebbed, it surged from other nations, sparking an emergency at the U.S.-Mexico border, one that Republicans have aggressively sought to exploit at Harris’ expense.

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A review of Harris’ work on immigration reveals a record that is more nuanced than the one presented by her critics or allies. It also provides insights into how Harris — who took over as the Democratic standard-bearer when Biden dropped out of the presidential race last month — might tackle one of the nation’s most vexing concerns.

Harris was never the “border czar,” or put in charge of border security or halting illegal border crossings, as former President Donald Trump, Republicans and even the occasional media outlet have claimed. Instead, she was tasked in March 2021 with tackling the “root causes” of migration from the Northern Triangle and pushing its leaders — along with Mexico’s — to enforce immigration laws, administration officials said.

Harris’ backers say she demonstrated leadership by leveraging her stature to win investments that might curb migration years down the road.

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Vice President Kamala Harris, right, smiles as women speak to her about their businesses during a meeting with Guatemalan women entrepreneurs and innovators at the Universidad del Valle de Guatemala, June 7, 2021, in Guatemala City. (AP Photo/Jacquelyn Martin, File)

“She felt — and I think she was right — that what she could do the most was help basically lead the effort to draw in investment, using the confidence that a relationship with the White House would give to investors,” said Ricardo Zúniga, a former State Department official who specialized in the Northern Triangle and who traveled with Harris to the region.

Critics contend that she could have done far more but chose a less risky path, ensuring the problem only worsened.

“She was like, ‘nope, I’m just root causes,’’” said Mark Krikorian, executive director of the Center for Immigration Studies, which advocates for less immigration. “Even if it worked, it’s the sort of thing that takes generations, not one term.”

He also said there was no evidence that Harris pushed Mexico and the Northern Triangle nations to enforce immigration laws.

Harris has defended her work, and her campaign began running a television ad Friday that said Harris as president would “hire thousands more border agents and crack down on fentanyl and human trafficking.” Democrats have also blasted Trump for helping tank a bipartisan immigration bill earlier this year that would have increased funding for border security, including the hiring of new Customs and Border Protection personnel.

Trump “has been talking a big game on securing the border, but he does not walk the walk,” the vice president said last month in Atlanta . Later, she added, “Donald Trump does not care about border security. He only cares about himself.”

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Immigration becomes a big political issue

Immigration has long been an issue that motivates Trump and his base of supporters, and polls show it is among the most important issues on the minds of voters. As a presidential candidate in 2016, Trump said he would build a wall along the border between the United States and Mexico and get Mexico to pay for it. Trump was not able to complete the project, and Mexico did not fund the part of the barrier that was constructed. The former president also used explosive language to describe immigrants, launching his campaign by suggesting Mexico was sending its “rapists” and criminals to the United States.

While in office, Trump sought to tightly restrict asylum, which was challenged in the courts. This time around, Trump has promised to oversee a “mass deportation” of migrants who have committed crimes in the United States.

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Vice President Kamala Harris walks to board Air Force Two to return to Washington, Jan. 27, 2022, in Palmerola, Honduras. (Erin Schaff/The New York Times via AP, Pool, File)

Migration numbers have spiked and dropped during both presidencies. Border Patrol arrests on the southern border fell in Trump’s first year in office, then shot back up his next two, rising to more than 850,000 in 2019. The numbers plunged in 2020 during the coronavirus pandemic before rising even higher during Biden’s presidency, reaching a peak of more than 250,000 encounters in December 2023, before falling below 84,000 in June of 2024, federal statistics show.

When Biden took office, he reversed dozens of Trump’s moves on immigration even as apprehension numbers began to rise.

Harris was put in a ‘difficult spot’

Harris received the migration assignment when border crossings were rising, garnering considerable attention and leading to bipartisan calls for action.

Chris Newman, an immigration rights advocate in Los Angeles, said Harris was put in a difficult spot.

“She was tasked with developing a long-term policy framework rather than creating a short-term political performance project,” said Newman, the legal director of the National Day Laborer Organizing Network.

Biden and Harris had taken office only two months before, and Harris was under pressure to build her policy portfolio. When he was vice president, Biden had taken on a similar role on immigration. In 2021, though, Harris was dealing with an especially challenging situation given the lack of governing partners in the region. El Salvador’s new president, Nayib Bukele, had a fraught relationship with the administration due to human rights questions raised by his crackdown on crime in his nation. The man who was then president of Honduras has since been convicted of drug trafficking.

The headaches for Harris began almost immediately, validating the concerns of some on her team that it was a no-win assignment.

Harris traveled to Mexico and Guatemala in June 2021, where she defended the fact she had not been to the U.S.-Mexico border during an interview with NBC’s Lester Holt by saying she hadn’t “been to Europe. And I mean, I don’t … understand the point that you’re making.”

She also drew criticism on that trip for warning migrants bluntly: “Don’t come” to the U.S.

Harris decided to focus on bringing private investment to the region, tapping into a network of business and nonprofit executives and using the prestige of the White House to signal the Biden administration was backing this effort.

The work linked multinational companies — like Visa, Nestle and Meta — with smaller nonprofits and Latin American businesses, all of which pledged to increase their investments or bolster their work with at-risk communities.

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Vice President Kamala Harris and Mexican President Andrés Manuel López Obrador wave from the balcony of the Eisenhower Executive Office Building on the White House complex in Washington, Nov. 18, 2021. (AP Photo/Susan Walsh, File)

Focused on private investment

The Associated Press contacted all the nearly two dozen companies the White House touted as participants in the outreach effort. Some, like AgroAmerica, a sustainable food corporation, that pledged to invest more than $100 million in six new projects, reported their work had begun and they were on track to meet their investment goals. Others, including Columbia Sportswear Company, said they would likely surpass their pledges.

Most companies, however, either declined to comment or did not respond when asked about their efforts.

The vice president’s office has said Harris’ efforts have generated more than $5.2 billion in investment promises. In an illustration of how long it takes the promises to translate into concrete spending, the State Department reported that companies have plowed nearly $1.3 billion in the region as of June 2024, the bulk of it in Guatemala and Honduras.

“We are on track to exceed our commitments,” Peter Bragdon, a top executive at Columbia Sportswear Company, said of their promise to purchase up to $200 million in products from the region. That pledge would create nearly 7,000 jobs over five years, the company said. The executive called Harris’ efforts a “work in progress” but “a smart approach.”

Katie Tobin, who worked as the top migration adviser at the National Security Council for three years, credited Harris’ focus with spurring investment in reducing these numbers, arguing that Harris “was able to leverage her credibility” and the power of the White House to persuade companies to invest in “a risky investment environment.”

“That was very much Kamala Harris,” she added. “I have never seen something like that done before in this space and it made a real impact.”

Republican Sen. Rick Scott of Florida, a sharp critic of Harris, said the vice president and White House were taking credit for investments that would have been made anyway.

The companies are “not doing it because someone asked them to,” said Scott, who co-founded a major medical company. “They’re doing it because it makes economic sense.”

Addressed corruption

Harris also sought to address endemic corruption that has fueled migration from Central America. Before her 2021 trip to Guatemala, Harris met with a group of exiled Guatemalan prosecutors and judges in Washington.

Among them was Thelma Aldana, a former chief prosecutor who fled her country after what she said were politically motivated corruption charges.

“I came out of it convinced that she has a genuine interest in seeing things change in Central America,” Aldana said.

The vice president also deserves credit for helping stop Guatemala’s former president, Alejandro Giammattei, from overturning the 2023 election of his successor, Bernardo Arévalo, according to Luis Von Ahn, a U.S.-based technology entrepreneur from Guatemala.

“Giammattei didn’t want to leave power, the administration of Kamala Harris came and told him ’stop (messing) around,’” said Von Ahn, the founder of the language app Duolingo. “That’s a big help to Guatemala. If an extremely corrupt president doesn’t want to leave it’s terrible and (his exit) lets us be a better country.”

Verdict is out on Harris’ approach

While the Harris campaign and White House have pointed to statistics that show migration from Northern Triangle countries has dropped substantially since early 2021, there is debate over what is responsible for that drop.

Sen. Chris Murphy, D-Conn., said Harris and the administration deserve credit for the reduction because their efforts “worked.”

Independent analysts, however, said they were skeptical that Harris’ approach was responsible for the dip. They said the decrease was likely driven by regional factors, including the ascension of El Salvador’s new president and his aggressive drive to combat violent crime. His government reported a 70% drop in homicides in 2023.

Julia Gelatt, associate director of the Migration Policy Institute in Washington, said investment can take years to alter migration patterns — if it ever does.

“Even a whole lot of economic development doesn’t curb immigration in the way countries hope it will,” Gelatt said.

Riccardi reported from Denver. Associated Press writer Sonia Pérez D. in Guatemala City contributed to this story.

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economic assignment 2022

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Aiou code 402 economics solved assignments spring and autumn.

AIOU Code 402 Economics Solved Assignments Spring And Autumn Allama Iqbal Open University (AIOU) performs an important function in offering accessible and high-quality schooling to various scholar inhabitants . As a part of its curriculum, University students usually encounter challenges in finishing assignments, and AIOU Code 402 Economics isn’t an exception. On this weblog , we are going to delve into the importance of Code 402 Economics, the challenges University students face, and supply a piece of complete information to fix assignments for each Spring and Autumn semester.

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AIOU Code 402 is part of the Bachelor’s program, particularly specializing in Economics. This course’s goal is to equip University students with a stable basis for financial ideas , theories, and purposes . The assignments for Code 402 are designed to evaluate University students ‘ comprehension of financial ideas and their potential to use them in real-world situations .

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علامہ اقبال اوپن یونیورسٹی کی ہاتھ سے لکھی ہوِئی حل شدہ مشقیں حاصل کرنے کے لیے رابطہ کریں

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2022
2023
سوال سوال نمبر
زر کے تصور کی وضاحت کریں۔ نیز زر کے کردار پر مفصل بحث کریں۔ 1
مرکزی بنک کے فرائض کی تفصیل سے وضاحت کریں ۔ 2
جزوی معاشیات اور کلی معاشیات میں فرق کی وضاحت کریں ۔ جدید معاشیات کے مسائل میں ان دونوں کی اہمیت بیان کریں ۔ 3
ڈائیگراموں کی مدد سے عرصہ قلیل کے تحت مکمل مقابلیاتی فرم کے توازن کی مختلف صورتوں کی وضاحت کریں۔ 4
طلب کی لچک سے کیا مراد ہے؟ اس کی پیمائش کیونکر ممکن ہے؟ مثالوں کی مدد سے طلب کی قیمت لچک ، طلب کی آمدنی لچک اور طلب کی متقاطع لچک کے تصورات کی وضاحت کریں۔ 5
قومی آمدنی کی تعریف کریں نیز اس کے مختلف تصورات کی تفصیل سے وضاحت کریں ۔ 6
خطوط عدم ترجیح کی مدد سے عام اشیاء گفن اشیاء اور گھٹیا اشیاء کیلئے اثر قیمت ، اثر آمدنی اور اثر استبدال کی وضاحت کریں۔ 7
قانون متغیر متناسبات کی گوشوارے اور ڈائیگرام کی مدد سے وضاحت کریں۔ 8
معاشیات سے متعلق المرابار مثل کی تعریف کی وضاحت کیجئے۔ کیا یہ تعریف دیگر تعریفوں کے مقابلہ میں معاشیات کے مضمون کا کما حقہ احاطہ کرتی ہے یا نہیں ؟ 9
کانون تقلیل افادہ مختم سے کیا مراد ہے ؟ نیز اس قانون کی وضاحت ایک فرضی ٹیل اور ڈائیگرام کی مدد سے کریں۔ 10
مخلوط عدم ترجیح سے کیا مراد ہے ؟ ڈائیگرام کی مدد سے وضاحت کریں نیز مخلوط عدم ترجیح کے خواص پر ایک نوٹ تحرر کریں۔ 11
کیا آپ مکمل اور غیر عمل مقابلہ میں فرق کر سکتے ہیں ؟ ڈائیگرام اور روز مرہ زندگی کی مثالوں کی مدد سے واضح کریں۔ 12
تظیم کی تعریف کیجئے۔ نیز اس ضرورت اور اہمیت پر بحث کیجئے۔ نیز ایک آجر یا فرم کی عمل کاری اور تنظیم کے مختلف اجزا کی وضاحت قلمبند کیجئے۔ 13
خام قومی آمدنی اور خام قومی پیداوار میں کیا فرق ہے ؟ خام قومی پیداوار کے ذریعہ کونسی اشیا کی پیمائش کی جاتی ہے نیز خام قومی پیداوار پیمائش کرنے کے فوائد اور پیمائش کے دوران چھوٹ جانے والے عوامل بیان کیجئے۔ 14
آمدنی اور صرف کے تعلق سے متعلق کینز کے نظریہ یا قانون صرف کی وضاحت اور اس کے مفروضات بیان کیجئے۔ نیز تفاعل صرف پر اثر انداز ہونے والے داخلی عوامل تحریر کیجئے۔ 15
مالیاتی پالیسی سے کیا مراد ہے ؟ نیز کسی ملک کی ترقی میں مالیاتی پالیسی کے کردار پر ایک سیر حاصل بحث قلمبند کیجئے۔ 16
Important Questions For Exam
Q # Question Answer
1 What do you understand by the term “market” as it is used by the economist? Also differentiate among local, national, and international markets. Give examples of some commodities and link them to the above-said types.
2 Make a comparison between differentiated oligopoly and monopolistic competition with the help of diagrams.
3 Can the equilibrium output of a firm be established if the marginal cost intersects the marginal revenue from above? Explain with the help of diagrams in case of perfect competition and monopoly. Also, differentiate between duopoly and monopoly. Can this difference be shown diagrammatically? Explain.
4 Whether the large-scale production be necessarily beneficial or some loss would be expected? If you know any local factory owners, why not discuss with them what economies of scale might be available in practical terms in their particular area of business and industry? Write the conclusion of this discussion as a note.
5 What is a wage? Also, discuss different theories of wages and their types in detail.
6 What is the median? What is the median of grouped data? Explain with the help of a formula.
7 Is economics a positive or negative science? What are considerations on the basis of how those economic systems can be differentiated from one another? What are the determinants of an economic system? Also, enumerate different economic systems and then write a note on the functions of free enterprises.
8 What is the relationship between the law of demand and the law of equi-marginal utility? Derive the demand curve of a market from the market demand schedule. Also, show the rise and fall of demand with the help of a hypothetical demand schedule and diagram.
9 Explain the division of price effect into a substitution effect and income effect with the help of indifference curves and budget line in the Giffon good case. Also, derive the demand curve for Giffongood from the said diagram.
10 What is meant by supply and demand elasticity? In which situation does unitary elasticity of supply prevail? How does the change in the elasticity of supply determine the slope of the supply curve? Explain with the help of a formula and diagram.
11
12 What is meant by internationally accepted symbols and identities of the simple economy? Why are the basic identities modified? Write down the identities in the full economy. Also, write a discussion on the aim of national income accounting and its general problems.
13
14 How do the general acceptance characteristics of money play a role in its definition? Differentiate between the supply of money and the stock of money. Also enumerates the different components of the money supply.
15 Differentiate between the savings bank and commercial bank. Discuss the role of commercial banks in credit creation. How do commercial banks affect the daily life business through discounting of bills, purchasing of bonds and securities, and over-drafting? Discuss by giving examples from daily life experience.
16 What is the relationship between purchasing power parity and exchange rate? Also, give an overview of purchasing power parity theory in a critical manner.
17 Our exports seem to be insufficient to meet the need for foreign reserves in Pakistan. Can deficiency in foreign reserves be overcome by reducing our imports (or payment to foreigners in foreign currency)? Suggest a suitable policy to increase the foreign exchange reserves of Pakistan.
18 What is the volume of government debt in the current year? (Consult “Pakistan Economic Survey 2022-23”). How can the volume of government debt be decreased by increasing government taxes? Suggest some suitable policy.
19 How the budget deficit is financed? Discuss the objectives and effects of deficit financing on the economy. What is the relationship between deficit financing and economic stability? Explain.
20 Discuss the economic growth and social welfare as criteria for measuring the development of a country. Write a note on the two important sectors for the economic development of Pakistan i.e. industrial and agriculture sectors. Also, update the data of table 17.2 from 2008-09 to 2021-22 (see Pakistan Economic Survey 2022-23) stability and development of a country. Enumerate a logical discussion in detail.
21 Discuss different forms of economic planning. Also, suggest some planning to cope with the crises of the balance of payment and employment in Pakistan(to complete the above discussion write down the relevant discussion from the last topic of unit 17 “ Other key Areas”).

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economic assignment 2022

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