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Int. Avlaw Finals Reporting
Int. Avlaw Finals Reporting
So, before we present our topic, let’s have the word of the day… so next, for our short
activity naman, yung gagawin nyo lang is huhulaan nyo yung scrambled word pero
there’s a twist, yung scrambled word is yung synonym ng original word. For example...
MARKET ACCESS
So, yung market access is a company's ability to enter a foreign market by selling
its goods and services in another country.
Market access is not the same as free trade kasi market access is normally
subject to conditions or requirements (such as tariffs or quotas), whereas sa free
trade conditions it is the opposite, kasi goods and services can circulate across
borders without any barriers to trade.
Markets access helps companies in building up the relationship with their
customers and connections across borders.
LIBERALIZATION OF AIRLINES BUSINESS
So, further liberalization can protect and enhance the consumer benefits, such as
reducing air fares in the airline industry. Pwede rin nitong palawakin and
palakihin yung mga new regions and routes na currently merong mataas na
regulated markets. Therefore, it can continue to provide benefits for airline users,
while also providing significant benefits for the economy.
So, liberalization can create freedom for airlines to operate on a fully commercial
basis. This will allow them to allocate capital more efficiently, to respond better to
changes in demand in markets and to improve productivity. It also provides a
platform for the airline industry to expand or rationalize capacity and ownership in
accordance with customer needs. It can also improve the return on capital
invested that is earned by the airline industry as a whole.
The removal of these constraints allows airlines to compete more effectively and
operate more efficiently, which reduces price and increases service quality in
terms of flight frequency and etc.