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INT 113 Module Four Discussion Sample: Government Regulations Various measures of government influence on trade and employment: Employment Law (Maascetveli.org, 2015)  Minimum wage set by the...

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INT 113 Module Four Discussion Sample: Government Regulations

Various measures of government influence on trade and employment:

Employment Law (Maascetveli.org, 2015)
 Minimum wage set by the Commission, as of July 2013:
o XXXXXXXXXXTurkish lira > 16
o XXXXXXXXXXTurkish lira < 16
o Doorman / XXXXXXXXXXTurkish lira
 Female employees qualify for 16 weeks of paid maternity leave (8 weeks prior to birth and 8 weeks after birth) –
Art. 75 Labour Code, 2003.

Sales Tax (DutyCalculator, 2015)
 VAT (sales tax): 18%

Trade Policies (Office of the United States Trade Representative, 2014)
 “Import licenses are required for products that need after-sales service. . . and for some agricultural products.”
 High tariffs (85–100%) and special tax treatment for the sale of distilled spirits and tobacco.
 Export subsidies range from 5–20% for some agricultural product categories.
 “Court decisions have on many occasions led to ICTA’s blocking access for all consumers to various Internet-
ased service providers, such as the weblog hosting site wordpress.com and social networking sites like
MySpace, and ICTA’s on-again/off-again ban of video-sharing website YouTube.”

Business Observations
 Employment laws in Turkey are fairly progressive for the region, which is likely influenced by the proximity to
Europe and the ties to the EU.
 Trade policies regarding the trade of alcohol and tobacco products could be restricting. The high taxes are there
to generate further income for Turkey.
 There is a heavy encouragement to export, which is illustrated by the subsidies offered for certain agricultural
products. This boosts the Turkish economy.
 The restrictions on information through the ICTA might be concerning for some investors. This could be
considered an ethical issue regarding censorship. Companies that heavily utilize marketing through MySpace,
WordPress.com, or YouTube might find additional problems.

References
DutyCalculator XXXXXXXXXXUp to date sales tax rates for 139 countries. Pitney Bowes. Retrieved from
http:
www.dutycalculator.com/sales_tax_rates_by_country/
Maascetveli.org XXXXXXXXXXBusiness law in Turkey. Retrieved from http:
www.maascetveli.org/home/is-kanunu
Office of the United States Trade Representative XXXXXXXXXXTurkey. USTR. Retrieved from
https:
ustr.gov/sites/default/files/2014%20NTE%20Report%20on%20FTB%20Turkey.pdf
Answered Same Day Jun 11, 2021

Solution

Aashika answered on Jun 18 2021
147 Votes
INT 113
INT 113
INT 113
Different measures by the government in terms of trade and employment:
Laws related to Employment:
· Minimum Wages Act 2002: the minimum standards (in terms of wages) have been set by the government in order to protect the right of the employees
· Employment Act 2001: it says that there is no distinction between the full time and part time workers, both deserve the same rights
· Industrial Act 1971: part VI and VII talks about the rules which govern the various issues such as trade dispute procedures and strikes
· Section 7: this particular law protects particularly around the disabled employees working in the various companies. This ensures that no one discriminate on the basis of age, gender, medical condition or disability
· Maternity Leave: In total there is 12 weeks of paid leaves, in which she is entitled to either receive the 33 percent of her wages or national insurance wages ceiling whichever is less.
Sales Tax:
Although there is no...
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