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Seneca Islands: Difference between revisions
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==Economy== | ==Economy== | ||
The economy of the Seneca Islands is considered to be {{wp|developing economy|developing}}. Prior to the Final War of the Deluge, the Senecas were among the most prosperous parts of [[Varshan]], with a modern shipbuilding sector serving as the impetus for a large urban service sector and adjacent industries. However, the normal effects of war - disruption of trade and economic activity, bombing, military needs outstripping civilian market needs - combined with the [[Atomic bombing of Zakan Rot|atomic bombing of Zakan Rot]] led to the complete implosion of the Senecas economy between [[2020]] and [[2024]]. | |||
===Special Outer-Nysdra Exclusionary Trade Agreement=== | ===Special Outer-Nysdra Exclusionary Trade Agreement=== | ||
In [[2030]], a trade agreement was signed with [[Burgundie]] and approved by the [[Nysdra Sea Treaty Association]] (NSTA) relating to trade between the Senecas and [[Iles Evangeline]]. The agreement authorizes [[Burgundie]], through the [[Iles Evangeline]], to import an unlimited number of goods into the Seneca Islands, which is normally subject to the trade restrictions established by NSTA. The agreement established the [[Burgoignesc North Levantine Trading Company]] (BNLTC) as an intermediary firm based in the Seneca Islands that would handle importing of goods for further sale into the NSTA exclusion zone. The amount of goods imported in the exclusion zone through the Senecas is subject to an annual valuation cap (AVC) determined by formula under the terms of the agreement. The AVC is equal to 1/50th of the total annual value of goods imported to the Nysdra every year by [[Urcea]], further modified every year by an index number which calculates the cumulative domestic growth of manufacturing of NSTA participants. This formula is intended to allow for [[Economy of Burgundie|Burgoignesc commerce]] to flow into the region while ensuring domestic economic capability is not damaged by the trade. Within the Nysdra, the agreement is intended to increase consumer variety, drive down the costs of goods (to a limited degree), and to further drive the development of domestic competitors. | In [[2030]], a trade agreement was signed with [[Burgundie]] and approved by the [[Nysdra Sea Treaty Association]] (NSTA) relating to trade between the Senecas and [[Iles Evangeline]]. The agreement authorizes [[Burgundie]], through the [[Iles Evangeline]], to import an unlimited number of goods into the Seneca Islands, which is normally subject to the trade restrictions established by NSTA. The agreement established the [[Burgoignesc North Levantine Trading Company]] (BNLTC) as an intermediary firm based in the Seneca Islands that would handle importing of goods for further sale into the NSTA exclusion zone. The amount of goods imported in the exclusion zone through the Senecas is subject to an annual valuation cap (AVC) determined by formula under the terms of the agreement. The AVC is equal to 1/50th of the total annual value of goods imported to the Nysdra every year by [[Urcea]], further modified every year by an index number which calculates the cumulative domestic growth of manufacturing of NSTA participants. This formula is intended to allow for [[Economy of Burgundie|Burgoignesc commerce]] to flow into the region while ensuring domestic economic capability is not damaged by the trade. Within the Nysdra, the agreement is intended to increase consumer variety, drive down the costs of goods (to a limited degree), and to further drive the development of domestic competitors. | ||