Question: please write an email to your manager explaining which industry would you recommend has the greatest opportunity for growth, and why UK World Business Markets



please write an email to your manager explaining which industry would you recommend has the greatest opportunity for growth, and why



UK World Business Markets Technology Politics New Tariffs for Aldova It is expected that in the short term, Aldova will mimic the current EU tariffs on goods exported to the remaining parts of Greater Raltonia. Many sectors will have completely new systems of tariffs applied to their goods, which until this month, were freely distributed across the region. This will have a great impact on the $15.7 billion in annual exports from Aldova. The World Trade Organisation (WTO) tariffs are standard rates agreed between Raltonia and the EU, US and Japan. These tariffs are applied reciprocally on all exports between Raltonia and these major trading blocks.Breaking News Following months of speculation and political turmoil, Aldova have formalised their split from Greater Raltonia and will be forming a new Parliament in the city of Tsaler, which is expected to form the capital of this as an autonomous country. Whilst it initially appeared that hardliners in the Raltonian Parliament would oppose this secession, the political conflict has been resolved relatively peacefully now. What remains to be seen is how Aldova will establish the trade agreements that will be so critical to maintaining and even growing their new, independent economy. One of the consequences of their separation is that the 4.1 million inhabitants of Aldova will no longer be able to benefit from the free trade agreements within Raltonia which had eliminated all tariffs on trade between the formerly independent countries.Tariffs for key Aldovian products EU US China Japan Beverages and tobacco 19 27 10 7 Machinery 20 15 23 15 Animal products 16 27 15 10 Dairy 37.4 24.5 25.1 23.9 Wood, paper, etc. 0.9 1.2 12.1 13 Fruit, vegetables, plants. 11.3 15.2 12.9 23.9 Minerals and metals 1.9 2.1 0.5 0.7 Aldovian Trade by Market (Percentage Split) Raltonia EU US China Japan Other Beverages and tobacco 20.5 19.4 4.3 12.1 13.2 30.5 Machinery 44.9 3.7 0 14.3 0 37.1 Animal products 37.7 7.4 22.2 5.7 12.4 14.6 Dairy 34.9 21.4 23.2 4.7 1.8 14 Wood, paper, etc. 12.7 48.9 1.2 0 0 37.2 Fruit, vegetables, plants. 42.9 32.7 1 2 20.4 Minerals and metals 12.3 17.9 1 37.5 22.4 8.9 Main Aldovian Exports Proportion of all Aldovian Exports Beverages and tobacco 12% Machinery 2% Animal products 17% Dairy 16% Wood, paper, etc. 4% Fruit, vegetables, plants. 16% Minerals and metals 23% Others 10%
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