Honesty in Politics - 3356 Words

EnglishHonesty in American Politics The legendary tale often told to school children is that of George Washington the young boy, chopping down his fathers cherry tree. When young George was asked, who had chopped the cherry tree down, George impressed his father with his honesty when he replied, â€Å"I cannot tell a lie. I chopped down your cherry tree.† Although the fable is believed to be fiction, it accurately represented the honesty and humility of that great president. Today, few political and public leaders value such ideals as honesty. Due to the prevalent lack of truth in our government or in politicians, few citizens are able to gain much knowledge about their leaders. Holding an office in the United States government is a†¦show more content†¦Shouldn’t this rule apply to America’s leaders as well, if not more so? I believe so, because they are the leaders and voices of our country. The public has a right to know. When it comes to serv ing our nation, â€Å"incumbent leaders and prospective candidates† must come to the realization that the public needs to know anything and everything past and present, about them in order to choose candidates to lead our nation effectively (Berger 707). True ethics and honesty should simply be a matter of good politics. Many people, including the public and the media, have questioned whether there should be such ethics as complete honesty in politics. The ethics we have seen displayed by our nation’s leaders are poor. Ethics that allow for scandals, lies, and cover-ups should not be part of our government. When the time comes to keep citizens informed, the truth should be the most important element. What good is accomplished if the government continually lied to the public supporting it? â€Å"A nation living in and believing a sea of les cannot support its government if they do not know what is going on† (Siris 1278-79). The reality is that the Amer ican people have become accustomed to the fact that dishonesty exists in American politics. Nobody tells the truth, there is no morality, and sadly, no one expects any. The people might as well elect a psychopath into politics, someone without aShow MoreRelatedImmanuel Kant addresses a question often asked in political theory: the relationship between900 Words   |  4 Pagesin politics and how they ought to behave. Observers of political action recognize that political action is often a morally questionable business. Yet many of us, whether involved heavily in political action or not, have a sense that political behavior could and should be better than this. In Appendix 1 of Perpetual Peace, Kant explicates that conflict does not exist between politics and morality, because politics is an application of morality. Objectively, he argues that morality and politics areRead MoreA Rhetorical Analysis of â€Å"The Death of Honesty† by William Damon991 Words   |  4 Pages In â €Å"The Death of Honesty,† William Damon raises the concern that current apathy towards increasing dishonesty threatens democracy. In this essay taken from the online volume â€Å"Endangered Virtues † published by the Hoover Institute in 2012, Damon initially concedes that there are situations where lying could be considered acceptable. However, with that being acknowledged, he transitions to his main premise that honesty is losing its importance in society and will lead to its downfall, and he citesRead MoreThe Is Not Destroying American Culture1219 Words   |  5 PagesAmericans today thrive in a culture obsessed with proving honesty, yet riddled with falsehoods. Through the constant barrage of social media and new technology, opportunities to lie have grown exponentially, and ways to catch someone in the act have only been amplified. However, this is not all new to Americans. Since the birth of this nation, up to the present, and for the foreseeable future, the dance around truth and lie will continue. Everyone is a liar, but nobody wants to be called one. ContraryRead MoreWilliam Damon The Death Of Honesty Summary999 Words   |  4 Pages Reading the essay â€Å"The Death of Honesty† by William Damon leads a person to think about the honesty and lies we express on a regular basis. He provides a well thought out opinion as he explores how honesty is becoming unexpected and infrequently used in society today. Because it is written in a style that is easy to understand, and without many difficult or complicated words, it is obvious the author intends for his point to be easily understood by his readers. Damon uses a convincing argumentRead MoreNiccolo Machiavelli was One of the Leading Writers During the Renaissance Period1235 Words   |  5 Pagesout by the ruling class ‘’princes’’) and how, one should make use of any means including immoral, to retain complete power. The book was criticized substantially since it seemed that the author was encouraging immoral behavior in politics. I disagree with the line â€Å"Politics has no relation to morals† by Niccolo Machiavelli becaus e this statement is a misquotation, it’s considered as satire by Enlightenment thinkers, politicians are expected to be honest by the people, although it is true that politiciansRead MoreHonesty, Integrity And Craving For Justice716 Words   |  3 Pagesâ€Å"No legacy is so rich as honesty† spoke by the greatest leader in the world of literature, William Shakespeare. Honesty, integrity and craving for justice are the imperative aspects of an effective leader. Integrity is all grit. What can a true leader withstand? Being a leader requires daunting tasks, adversary, and faith of a better future. A true leader will adapt and overcome utilizing creativity and problem solving skills. Their grit will be tested and tested again. A leader with integrity demonstratesRead MoreEssay on Campaign Finance Reform1003 Words   |  5 PagesCampaign Finance Reform The politics is a stage for many different characters of whom each is trying to convince their audience to give them the loudest cheer and the grand applause. Politicians who played the acts will do their best and sometimes will do everything to win the hearts of their audience and that means to win at all cost. Politics involves money for it is the way to make campaign possible that is why there are campaign managers and campaign funds to whoever will run for any officeRead MoreExtempore Topics1028 Words   |  5 PagesAll that glitters is not gold India United and india divided Archipalago (was out of the blue, but after this my interview revolved around islands) journey is more important than the destination (nothing related) Govinda aala re (name govinda) Honesty is NOT the best policy (both against and then for the topic) Household male India and China Namesake(Random) Iskon (somewhat related to my name) One In Hand Two In Bush (Cos I got placement offers from 2 companies) bubbles in the air Rouble (wasRead MorePosition Paper1066 Words   |  5 PagesPosition Paper I do think Lucy Donavan violated the UHD Honesty Policy because she obtained and used unauthorized material to prepare for her Intro to Politics midterm exam and was not honest in her glimpse of seeing the major essay topic. Lucy obtained the midterm exam from the photocopying machine. The definition of â€Å"obtain† in the Merriam Webster Online Dictionary means â€Å"to hold on to, or possess.† In the case of Lucy she had possession of the test when she picked it up from the photocopyRead MoreCorrelation Between Openness And The Accuracy Of An Individual s Answers1098 Words   |  5 Pageshypothesis is that there is no significant positive correlation between the two variables. 2) Is honesty/humility related to claiming familiarity with unreal concepts (false alarms)? I hypothesize that, because honesty/humility is related to how willing a person is to be insincere, that we should see a negative correlation between honesty/humility and claiming familiarity with unreal concepts. Honesty humility measures the extent to which a person seeks high apparent status, and therefore they may

Heres How Crabs Find Food

Crabs may be a favorite food for some people, but they need to eat too. They often live in dark or muddy areas, where it can be difficult to find prey by eyesight. So how do crabs find food, and how do they eat? And, interestingly, what types of food do they like to eat? How Crabs Find Food Like many other marine animals, crabs rely on their sense of smell to find prey. Crabs have chemoreceptors that allow them to detect chemicals in the water that are released by their prey. These chemoreceptors are located on a crabs antennae. These are long, segmented appendages near the crabs eyes that have both chemoreceptors and allow them to feel its surroundings. Crabs also have antennules, shorter antenna-like appendages near the antennas that allow them to sense their environment. A crab can taste using hairs on its mouthparts, pincers and even its feet. Senses of Taste and Smell Crabs have pretty well-developed senses of taste and smell. Fishing for crabs, or crabbing, using pots and cages relies on these senses, and makes it possible to catch crabs. The pots are baited with a variety of smelly things, depending on the target crab species. Bait can include chicken necks, pieces of fish such as eel, menhaden, squid, herring and mackerel. As the bait hangs in the trap in a bag or in a bait jar, odorous chemicals waft out into the ocean, attracting hungry crabs. Depending on water flow, these conditions can affect their senses to detect prey. What and How Crabs Eat Crabs arent picky eaters. They will eat everything from dead and living fish to barnacles, plants,  snails, shrimp, worms and even other crabs. They use their claws to grab food particles and put the food into their mouths. This is similar to the way humans eat using their hands or utensils. Crabs also use their claws to manipulate or break up the food so they can place it into their mouths more easily in smaller bites. When crabs have to break through shells of other sea life, their strong claws come in especially handy while their other appendages help them quickly move to catch various types of prey. Different Crabs, Different Diets Different crabs like to eat different types of sea life and plants.  Dungeness crabs, for example, may snack on squid and worms, while king crabs like to nosh on clams, mussels, worms and sea urchins. Basically, king crabs hunt for prey on the ocean floor and often eat decaying animal matter as well as live sea life. Sources and Further Reading â€Å"Frequently Asked Questions.†Ã‚  Blue Crab.â€Å"Encyclopedia of Tidepools and Rocky Shores.† Edited by Mark W. Denny and Steve Gaines, University of California Press, 2017.â€Å"Dungeness Crab.  Oregon Agriculture in the Classroom..Blue Crab Anatomy web.vims.edu.

Mankinds Fear of Artificial Intelligence Essay - 604 Words

Mankinds Fear of Artificial Intelligence Fear is created not by the world around us, but in the mind, by what we think is going to happen. Why is it that in almost all of the movies starring cyborgs, the cyborgs are either inherently evil or the cause of trouble? We human beings seem to have a problem with the idea of a person enhanced with technology, or a robot enhanced with Artificial Intelligence (AI). Norbert Wiener, a mathematician, coined the term cybernetics . Although many of his ideas are still used today, Wiener himself began to second guess the value of his work. He wrote that while competition from machines during the first industrial revolution devalued the human arm, the modern industrial revolution is similarily†¦show more content†¦The law does not consider Replicants human and therefore accords them no rights nor protection . The Replicants also have a fail-safe mechanism: a four year lifespan. Although not a cyborg, HAL 9000 of 2001: A Space Odyssey, fits into this category. HAL was progra mmed with Asimovs laws in mind. However, at some point these rules conflict with each other, and HAL violates all the laws by lying, and killing one of his human companions. The movie suggests that HAL was aware, especailly near the end, as HAL tries to convince Dave not to shut him down. I feel much better now, I really do, HAL reasons. The Matrix is the most recent humans-triumph-over-evil-machines movie, with an interesting twist. In The Matrix, humans create AI and it turns on them, using humanity as a power source . However, the cyborgs are not the machines, but the humans. The humans are able to download information into their brain, like a computer can download files off the Internet. Overall, we as a society still have a certain amount of wariness when it comes to cyborgs. What people dont seem to realize is that cyborgs walk among us even now. Anyone with a prothsetic limb or artificial organ can be considered cyborg. Hopefully, over time, we will come to terms wit h this idea before science advances much further. I, for one, can wait for the day when my computer rebels. Bibliography: Websters 21st Century Book of Quotations. Copyright  ©Show MoreRelatedMan-vs-Machine: Who Wll Win the War? Essay1058 Words   |  5 Pagesproduction. Machines continue to experience development and media appraise till our current day. Where does the Man fit in? The inventor of those machines and the one responsible for the machines development is currently living an inevitable fear of artificial intelligence. Many influential people such as the futurist Ray Kurzweil argue that machines may be more productive and more efficient that humans. On the other hand, many people such as the writer, Tracey A. Cole refuses to give in to the powersRead MoreHow Technology Has Revolutionized The Era Of The World Essay1331 Words   |  6 Pagesapproach a new era of technology we see no limit of what can be accomplished. But these advancements also brings consequences. One might ask, how was it possible that technology has revolutionized the era we live, not only that but the question of our i ntelligence is brought up frequently and if we have forgotten old traditions such as reading a map or our interaction with people. It seems as if it was just yesterday the internet was at its infancy. The internet was created by the U.S. department of defenseRead MoreIs Google Making Us Stupid: Summary and Response Essay1145 Words   |  5 PagesGarrett Mastin English 1010 Instructor Renaud 6 February, 2013 Is Google making us Stupid: An article by Nicholas Carr Over history technology has changed mankind’s overall culture. From clocks to computers the use of electronics and tools is occurring every day in almost all situations. In Carr’s article â€Å"Is Google Making us Stupid?† he introduces the idea how the internet is changing our lives by making us mentally process information differently from the past, based off previous changesRead MoreThe 1960s Of The United States925 Words   |  4 Pagesmissile crisis was over but the arms race was not. Another way the 1960s affected the culture movement in the United States was through technological innovation, specifically, the race to space between the Soviets and Americans. In 1961 one of mankind’s greatest accomplishments was achieved, â€Å"The first manned space flight in history was accomplished on April 12, 1961, when the Soviet spaceship Vostok (East) orbited the earth and made a safe landing.† The Soviets were succeeding in something theRead MoreDid Computers Really Change the World? Essay1527 Words   |  7 Pagestrust in the accuracy of human recognition (Harper et al 20). Governments control healthcare, securities, industries, and more. The impact computers have on governments is through information and communications. Government agencies like the Central Intelligence Agency and National Security Agency collect a myriad of information to sort through any possible threats to the Unites States. They do this with supercomputers and a strong working force b ecause of the amount of information collected. Because ofRead MoreAnalysis Of Mary Shelley s Frankenstein 1685 Words   |  7 Pagesvalued as inherently good and positive. The belief that through the scientific paradigm, man could open up nature’s mysteries for the benefit of the human race and therefore, have the capacity to know and control all aspects of human existence prompted fears and concerns which underpin Shelley’s composition. 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The factors that operate t o cause it came into play when m a n produced his first tool. With it he changed the world forever, and bound himself t o the artifacts he would create in order, always, t o make tomorrow betterRead MoreImpact of Science on Society38421 Words   |  154 PagesReal Thing, a BBC six-part series on reality and human perception. He is a regular contributor to such major magazines as Vogue, The Atlantic Monthly, Harpers, N e w York Magazine, and N e w Scientist. The Legacy of Science Change is one of mankind’s most mysterious creations. The factors that operate t o cause it came into play when m a n produced his first tool. With it he changed the world forever, and bound himself t o the artifacts he would create in order, always, t o make tomorrow better

Customs Regulatory Compliance Management †MyAssignmenthelp.com

Question: Discuss about the Customs Regulatory Compliance Management. Answer: Introduction Regulatory compliance includes the objective which an organization wants to achieve by following relevant laws, policies, and regulations. The companies follow harmonized sets of compliance controls for keeping operational transparency (Oyewunmi and et al, 2017). The file includes flexibility in procedures, type of payment terms, customs to demand duty and strategy for communicating with stakeholders. Flexibility in procedures so that that compliant traders can be rewarded, encourages compliance amongst all traders. Yes, I agree that by allowing flexibility in processes that complaint traders can be rewarded encourages compliance amongst all traders. Authorized economic operator (AEO) refers to the party which is involved in the international movement of products in whatever function that has been approved by. These operators with large business use trusted trader programs like authorized economic operator program (Arjoon, 2017). This program is organized by the Australian Customs for offering various facilities to international trade of goods. Small scale companies are unable to use TTP due to its high prices. By lowering prices of entry requirements, small businesses will able to use this program. It will not only provide benefits to the organization but will also enhance sales and profitability of the program. Along with this, small scale firms will get an opportunity to expand their business by managing work appropriately and effectively. The firm will get benefits like faster clearance of goods, less interference by customs and high level of services. These features will help small scale companies to conduct their trade properly and more efficiently. The security function of the program will assist companies in securing their personnel, information and other business related processes (Grainger, 2016). Increasing use of TTP in both small and large sector will increase its popularity and profit worldwide. Type of payment terms As an exporter of tropical fruit, I am dealing with a new customer having the potential to further large purchases. But the case is to provide excellent services and product in the first shipment. For this kind of consignment, I will select cash in advance. Under this payment term, the exporter will able to eliminate the risk of non-payment or credit risk. In this, I will able to receive payment before the transport of good services and good products to the customer. There are two options available for cash in advance: credit cards and wire transfer. The customer can transfer money by using any of the both options (Komarov, 2016). National customs legislation Department of trade and customs (Australia) looks after the various functionalities of trade. Along with this, the national customs legislation provides traders rights to perform trade safely and properly. In the given case, warehouse license fails to keep warehoused goods safely. Thus, Section 35A(1) of the Customs act 1901 will be used by the client (Barone, 2016). This provision allows the owner to seek to have duty remitted under the particular circumstances like stolen of products. The warehouse owner will able to get the particular amount in the form of compensation for the stolen goods. Warehouse operator will be liable to pay the amount equal to the duty which would have paid on stolen products as per the claimed. Identification of stakeholder and strategy for communicating with them As per the given case, IT team will upgrade the IT system for improving the automated risk management and shorten the time to clear cargo. The stakeholders of the team will be: Application Engineer Database Administrator Network Architect Programmer Designer Programmer Analyst IT manager IT Leader Network system administrator Network Engineer As a customs official in charge of a major international airport, it is necessary for me to upgrade the system for improving the current situation. The communication strategy which will be used for informing stakeholders about the system operation is as follows: Statement of purpose: This will include purpose behind using communication strategy for the stakeholders. Current Situation: This will include information regarding the current situation of the system and reason behind its upgrade (Afanasieva, Ivanov and Yanushkevych, 2017). Organizational objective and communication objective: This step will include the link between the goals of airport and communication. Selection of communication method: In this, I will use Information and Communication Technology (ICT) for communicating with the stakeholders. I will send all the needed information through email. Along with this, I will conduct formal and informal meetings with stakeholders for increasing understanding and relationship between them. All the ideas, strategies, etc. will be discussed in these meetings (Arjoon, 2017). Work plan: In the end, last concluded plan will be communicated to the stakeholders for starting their work as per the plan. SAD and its purpose: Single Administrative Document (SAD) is also known as Form C88 which is used for international trade to and from the European Union Customs. All traders and agents can take advantages of SAD for declaring report, export, transit and community status declarations. This document is segregated into 54 boxes, and its full version comes in 8 different parts. These parts have various functions which are used by the traders as per their need. SAD was established in 1988, and its legislations help in conducting trade in secure and safe manner (Komarov, 2016). This document covers the placement of any product or their services under any customs process by using any mode of transport. The purpose of SAD is as follows: To ensure openness in national administrative requirements. To decrease the number of administrative documentation To minimize the amount of information requested by the traders To standardize and harmonize the data To provide proper safety and security to the private and confidential information. References Afanasieva, V., Ivanov, L., Yanushkevych, D. (2017). Modern Approaches to Risk Management and Their Use in Customs. ,3(4). Arjoon, S. (2017). Virtues, Compliance, and Integrity: A Corporate Governance Perspective.Handbook of Virtue Ethics in Business and Management, 995-1002. Barone, A. (2016).Managing Global Logistics for Business Growth: A guide for small to medium enterprises pursuing the global market growth through cross-border trade (export/import). Buoyant Capital. Grainger, A. (2016). Customs management in multinational companies.World Customs Journal,10(2), 17-35. Komarov, ?. V. (2016). Risk management systems in Customs: The Ukrainian context.World Customs Journal,10(1), 35-44. Oyewunmi, O. A., Osibanjo, O. A., Falola, H. O., Olujobi, O. J. (2017). Optimization by Integration: A corporate governance and human resource management dimension.International Review of Management and Marketing,7(1). Customs Regulatory Compliance Management – Myassignmenthelp.Com Question: Discuss About The Customs Regulatory Compliance Management? Answer: Introducation On the behalf of the government of the specific nation state the role of custom is to execute a plethora of management policies that deals with the business that takes place on the border. The functionality and accountability of customs administration differ from one nation state to another. Role of the customers executive ranges from collection from the proceeds, trade compliance and facilitation, prohibition of substances which are deemed to be illegal in the country, protection of cultural heritage and enforcement of intellectual property law. Globalization has directed companies from all over the world to set up places of operations like factories and offices around the world. As the economy of several countries opened up to the regulations and restrictions of international trade, customs administration garners more and more importance. With the increase in international trade in the recent years the environment of exchange has also changed exponentially in terms of pace, difficu lty, size and level of trade, extensive technological advancement and revolution in global trading practices. Therefore, the changes have tremendously affected the role and accountability of the customs authorities around the world. The idea of the customs is not to restrict but to filter, the policies and items that are against the rules of the country. Indulgence in international trade ensure a boost to the economy and allows the economy to grow and to gather more and more investors. The role of a gatekeeper is to restrict without understanding the inside matter with careful observation. The gatekeeper is doses not understand the nuances of policies and the items that are in the exchange rather they set a standard for allowing certain things and disallowing certain things. On the other hand, compliance management has an aspect of analyzing, speculating and reviewing an idea before discouraging or accepting it. Risk-management Risk management of a company is based on identifying a risk, analyzing the outcome and the impact this risk would have on the future and also the current operation of the business, then is the part where the management of the organization plans a strategic idea to reduce the impact of the investable or deflect the risk which is possible. This may include several market research and policies and decision making. After the plan has been implemented by the management it is also the duty to look after and monitor the after effects so as to be careful that the decisions are working on a positive note for the company(Chance Brooks, 2015). A response should also be gathered from the customers and the internal members of the company to record the views for future recognition and identification of such risks and problems. Non-compliance is a risk that is faced by the company sometimes knowingly and sometimes unknowingly, to keep up with the ever changing international trade policies and deci sions in the border force and customs, companies have to be very careful. The customs and the Australian government have come up with several ideas and reforms that behave like a risk based compliance management for the betterment and facility of the traders who operate within the borders of Australia (McNeil, Frey, Embrechts, 2015). Compliance risk In the corporate governance set up the compliancemanagement plays a very critical role. Compliance means to conform and to comply with rules, regulations, guidelines, standards and laws of the relevant body of governance. In an organization the compliance managers deal with the regulatory, financial and reputational risks that the company may face while performing the daily operations of the business. In many cases, ensuring compliance to rules and guidelines necessitate organizational changes as well pertaining to technological installations, oversight and audits of the books and records of the company. As such, compliance can be a major cost and organizational challenge in heavily regulated industries such as banking(Cohen, Krishnamoorthy, Wright, 2015). Compliance risk can be defined as the probable for losses and jurisdictional penalties due to the failure to comply with the rules and regulations of an organization or government bodies. Sometimes the business organizations that run fully based in the legal jurisdictions can also face compliance risk and this is where the importance of compliance management and efficiency becomes significant to the daily operations of the business. There are times that an organization faces a failure in compliance due to the possibility of management failures. Sustainability risk, heath of the workforce, quality of the new or diversified item, corrupt practices among the employees and also failure of taking up social responsibility can also build up in the company that further on becomes a compliance risk to the company. Any business organization that s legally set up in a country to operate is bound by some regulations of that country. Be it a home grown business organization or a multinational com pany. Compliance to all the customs regulations is mandatory for a company to operate within the economic environment of a country. The main role of an authority who is from the revenue department is to collect the taxes and duties payable in accordance with the law(Baxter, Bedard, Hoitash, Yezegel, 2013). Approach taken by a Customs administration to manage compliance In order to manage and keep a check on the compliance management of a business organization, the customers administrators have a set of guideline. For example, the customs officers monitor the records of the company in order to understand that the company is following all the rules or regulations or not. The customs have a set of rules for each industry to operate accordingly and the company usually follows these rules in order to keep a harmonious situation the economy without conflict among the businesses operating in the same industry. Customs rule vary from nature of business to scale of business and the hold of the customs authority on the operations of the business also depends on the industry(Freund, 2016). For example, if a company is dealing with import and export of products then the involvement of customs administration will be much more than a handloom or textile industry. Business organizations usually think that a planned compliance audit is all that a company requires fulfilling the requirements for compliance. Hence compliance audits only provide a narrow view of the way compliance is handled within the administration of a company. Compliance management deals with an organization consistent and continuing compliance requirements. The solutions to the compliance requirements gathered by the management of the company should be customizable and should have the ability to expand with the vision of the organization. There are several punishments that the Customs body of Australia is able to impose for non-compliance of the rules and regulations. These penalties may vary according to the level of non-compliance of the rules and its effects on the trading(Boll, 2014). Assessing the trade activities of the company includes tariff concessions, evaluation of tariff classification; chiefly for multinational business organizations and branded goods Customs valuation is very curtail to maintain the compliance with the government of Australia. A team should be appointed by the management of the company in order to monitor the changing policies of the government and legislative changes, there are several third party companies also available who can be appointed to do the analysis for the company(Elliott, 2016). Customs Compliance Strategy 2016 The Australian Border Force (Customs) has recently launched Goods Compliance Update. It provides with four areas of focus. Pertaining to the particular interest of the importers in the country review of the correct use of Tariff Concession Orders (TCOs) and correctly revealing the customs value of imported goods have been stated clearly. For over 18 months, it has been the prime concern of the customs of Australia that TCOs offers a free rate of duty where no substitutable goods are produced in Australia and the subject of a number of Administrative Appeal Tribunal (AAT) cases(Grainger, Customs management in multinational companies, 2016). The usage of Tariff concession orders without continuous monitoring of the products or service as well as the applicable TCOs are not recommended, provided the change in Customs and the AATs views on TCO as eligible. The procedure for the valuation of goods can be a complicated because a lot of prerequisites have to be kept in the mind. It is a mandate that a business organization should always analyze the amounts that are paid in addition to amounts that appear on the commercial statement. It also has to be reviewed that whether they are needed to be integrated in the customs value. Furthermore, the concept of free goods is a myth hence there will be rules regarding valuation and analysis to evaluate the amount of that product(Rothengatter, 2016). Trusted Trader The Australian Trusted Trader is a voluntary business improvement facility steps that are taken in collaboration in between the government and business organizations in order to seek trade benefits for the importers and exporters that have a history and record of customs compliance and have effective security practices to protect non-compliance. It encourages the trade practices of a secure supply chain and business organization that have a good record of compliance, rewarding such businesses with a variety of benefits to smoothen the business process(Widdowson, Blegen, Kashubsky, Grainger, 2014). Some of the rewards or benefits that are enjoyed by the traders who are enlisted in this facility are: assigned account manager who will deal with and take care of the account management and keep in check whether the company is in compliance with the legal duties this person is also going to be the point of contact for the customs department. These companies are also eligible to get premiu m and priority based trade services form the government. Traders who are associated with the government have the liberty to use the Australian Trusted Trader logo, which is a sign of goodwill and prosperity for the company. It not only allows the company to grow in the eyes of the customers but also has a significant impact among the industry and market. A mutual recognition arrangement (MRA) has been drawn up in between Australia and some other countries to facilitate trade, the companies that have been enlisted to the Trusted Traders will have access to trade facilitation benefits as well. The MRAs between the Australian Government and other trading partners are: New Zealand Customs Service, Republic of Korea Customs Service, Canada Border Services Agency, Hong Kong Customs and Excise Department. This arrangement will facilitate and benefit the traders in expansion and in import and export in between the above companies. The MRAs will offer Trusted Trader exporters with differentiated border services and treatment in signed countries, simultaneously on business arrival in Australia with the countries that have signed the MRA will also receive priority treatment (Mein, 2014). Customs Valuations and Transfer Pricing The transfer pricing modification to the price of imported goods is one of the prime ideas of focus for the Australian border force. These kinds of adjustments in the cost and pricing should be uncovered with Customs and accounted for in the records of the company. There are sometimes confusion and misunderstand regarding the interaction between customs valuation and transfer pricing in the importers this is a place where unknowingly companies may suffer from non-compliance(Missbach, 2015). Conclusion The government of Australia with the Customs valuation policies and decisions encourage the business and flow of business within the country to promote the economy of Australia. The customs are surely not being a gatekeeper as there is a lot of facilities and benefits are being awarded for the inflow and outflow of business form the country, if there was a strict gate keeping policy of the customers it would have restricted a lot of business opportunities within the country that would lead to a blockage of value in the economy, rather a risk based management approach by the customs administration of Australia analysis a problem or an issue of non-compliance within an organization and plans ahead of taking any steps or changes in the policies. This not only encourages new and young investors in the economy but also boosts and grants expansion and growth opportunities for the old traders in the industry. References Baxter, Bedard, Hoitash, , Yezegel. (2013). Enterprise risk management program quality: Determinants, value relevance, and the financial crisis. Contemporary Accounting Research, 30(4), , 1264-1295. Boll. (2014). 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