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Essay / Trade Policy of Sweden - 2308
IntroductionSweden's trade policy plays a dominant role in the development of the country. This policy took Sweden on the path where it emerged as an industrial society from its traditional image as a rural society. Sweden now enjoys a high standard of living, one of the highest in the world, and imports and exports play a very important role. It is therefore fair to say that trade policy has allowed many Swedish brands and industries to succeed in their domestic market as well as in the global market. Trade policy of Sweden Sweden's trade policy is based on the concept of free trade. Free trade is a very broad term, usually people think that it is simply used for the possible buying and selling of goods and services from one country to another, but it would be wrong to say that the scope free trade is limited to that. Free trade is not only beneficial for the future of the country, it also favors buyers and sellers, because it allows important decisions to be made as close to them as possible. Free trade also means that no duties are levied on imports and exports of goods and services. This duty is called customs duty. An important phase of free trade is that any form of protection that the government gives to its domestic industries in order to make them eligible to compete with global producers is risky for both buyers and sellers. Why free trade? What is the EU? In the mid-1990s, Sweden abandoned its traditional role as wartime neutralizer and became a member of the European Union (EU). The EU has a separate trade policy for its member countries, the policy consists of two phases. The first phase concerns the rules and regulations that the EU has developed for trade within the EU. In simple terms, we can refer to...... middle of paper ...... these are the member countries of the EU. Regarding the evaluation of EU policy, it can be said that the policy is very good because important meetings are held at short intervals and important decisions are taken following surveys of member countries. Bibliography http://atlas.media .mit.edu/profile/country/nor/ http://atlas.media.mit.edu/profile/country/swe/ http://atlas.media.mit. edu/profile/country/dnk/ http://www.government.se/sb/d/3086/a/118577 http://www.wto.org/english/res_e/statis_e/its2011_e/its2011_e.pdf http://www.weforum. org/issues/global-competitiveness http://www.swedenabroad.com/en-GB/Embassies/Cairo/Business/Trade-Policy/Swedish-trade-policy-in-the-EU/ http://www .government.se/sb/d/3086 http://www.regeringen.se/sb/d/3086/a/118563 https://www.riksgalden.se/Dokument_sve/skuld/upplaning/standard_and_poors_rating_report_sweden_121112.pdf