Canadian Magazine Dispute Essay
1. To what extent do you think the U.S.-Canadian magazine dispute was motivated by genuine desires to protect Canadian culture?
The Canadian government’s main interest and decisions to tax imported magazines is mostly based on funding; making sure imports are taxed properly. “Money begets power, which begets more money, and more power. Taxes provide a counterbalance, by softening extreme disparities in wealth, power and benefits.” (10 Big Reasons to Feel Good About Taxes, 2017) If the Canadian can produce quality products, in this case engaging writing, interesting topics and appealing visual aids. They could compete with any imported magazines.
2. To what extent do you think the government of Canada was pressured to seek to protect its market because of the financial interests of the Canadian magazine industry?
Extending my point of the earlier question. I absolutely think that the …show more content…
“Consumer spending is an important economic factor because it usually coincides with the overall consumer confidence in a nation’s economy. High consumer confidence indicators usually relate to higher levels of consumer spending in the economic market. Consumer confidence provides governments and businesses with an analysis on consumer perception.” (Writer, 2010) Consumers purchase products because of it's quality and connectivity.This is why we pay a little extra to purchase quality products from Japanese, American as supposed to cheaply made products from China. “Businesses use consumer spending data in their supply and demand economic calculations. Supply and demand help businesses produce goods or services at the most favorable consumer price points.” (Writer, 2010) By allowing Canadians to vote via their purchasing habits give the local Canadian magazine essential data, they should encourage this practice as it would only benefit the local magazine industry in terms of consumer
The Canadian government’s main interest and decisions to tax imported magazines is mostly based on funding; making sure imports are taxed properly. “Money begets power, which begets more money, and more power. Taxes provide a counterbalance, by softening extreme disparities in wealth, power and benefits.” (10 Big Reasons to Feel Good About Taxes, 2017) If the Canadian can produce quality products, in this case engaging writing, interesting topics and appealing visual aids. They could compete with any imported magazines.
2. To what extent do you think the government of Canada was pressured to seek to protect its market because of the financial interests of the Canadian magazine industry?
Extending my point of the earlier question. I absolutely think that the …show more content…
“Consumer spending is an important economic factor because it usually coincides with the overall consumer confidence in a nation’s economy. High consumer confidence indicators usually relate to higher levels of consumer spending in the economic market. Consumer confidence provides governments and businesses with an analysis on consumer perception.” (Writer, 2010) Consumers purchase products because of it's quality and connectivity.This is why we pay a little extra to purchase quality products from Japanese, American as supposed to cheaply made products from China. “Businesses use consumer spending data in their supply and demand economic calculations. Supply and demand help businesses produce goods or services at the most favorable consumer price points.” (Writer, 2010) By allowing Canadians to vote via their purchasing habits give the local Canadian magazine essential data, they should encourage this practice as it would only benefit the local magazine industry in terms of consumer