Answer the following questions according to your understanding about the

module and discussion: 

1. How can government restrictions affect international payments among

countries? 

The impact of international payment among countries by the governments restrictions

is they can impose to tariffs or quotas on imports to restrict imports. Tariffs are used to restrict

imports because they increase the price of goods and services purchased from another country

that makes them less attractive to domestic consumers. They can also impose taxes on

income from foreign securities, thus discouraging investors from purchasing foreign

securities. And if they loosen restrictions, they can encourage international payments among

countries.

2. Identify objectives of agencies that facilitate international flows.

The Agencies that facilitate international flows are consists of eight (8) categories. First,

the International monetary fund which promote stability and cooperation among countries,

Second, The World bank that the primary objective is to make loans to countries to enhance

economic development, Third, the World trade organization who provide a forum for multilateral

trade negotiations and to settle trade dispute, Fourth, the International financial corporation

which promote economic development through the private rather than the government sector,

Then, the International development association wherein somewhat similar to those of the

World Bank but they extends loans at low interest rates to poor nations. Meanwhile, the Bank

for international settlements provides assistance to countries experiencing a financial crisis,

Also, the Organization for economic co-operation and development promotes international
country relationships that lead to globalization, and for the last it is the regional development

agencies which responsible for pursuing policies to achieve a combination of economic, social

and environment improvements.

3. Discuss the effect of tariffs, taxes and quota to exporter?

Is there an advantage if our country will import more products and services

rather than export? Explain.

The effect of tariffs, taxes and quota to the exporter is the tariff can reduce the demand

on your goods, the increasing of tax can decrease to produce your supply that may also

affecting the quota of the exporter. If you didn’t reach or exceed your quota, then your business

will possibly fail.

Yes, because if you import more products and services than you export, more money is

leaving the country than is coming in through export sales also more jobs will give opportunity to

our country. And it also means that you really love our products than to the other countries. On

the other hand, for me it is better that the country more exports products and services because

the more domestic economic activity is occurring, more exports mean more production, jobs

opportunities, profit and revenue. And other countries will recognize our products and building a

good relationship to other country.