International Trade During COVID-19

Introduction This presentation provides the analysis of Canada’s politics in response to the outbreak of COVID-19. First of all, the review of this country as a fully-democratic state will be provided to introduce it. Second, the existing global trade agreements and newly-introduced measures will be discussed. Third, the presentation will...

Globalization and Related Environmental Issues

Globalization supports the flow of raw materials, wastes, and pollutants from one region to another. A cycle characterized by international consumption and supply has emerged that triggers environmental degradation. People are destroying forests to provide wood, farmlands, and areas for building infrastructure. Climate change refers to a regional or global...

“Too Big to Fail” by Andrew Ross Sorkin

In 2008, the US economy was on the brink of collapse, and huge banks, which seemed firm and stable, began to crumble. Two of the big five US investment banks Bear Sterns and Lehman Brothers declared themselves bankrupt (Erdem, 2020). Two mortgage giants Freddy Mac and Fanny Mae were urgently...

Absentia Ltd.: Business Negotiation

The upcoming negotiation process with Absentia Ltd. must not be equal or worse than Grouse’s offer. The latter company is offering of total present values equal to $17.5 to 19.5 million and the upfront $7.5 million in cash. Therefore, Grouse’s offer can be considered to be the best alternative to...

“Job or Health?” by J. Tankersley

Coronavirus is one of the most pressing issues affecting the world today, and the coverage of the pandemic in the news is extensive. In particular, articles concerning the social effects of the outbreak are widely published and read. In their article “Job or Health? Restarting the Economy Threatens to Worsen...

Hughes Inc.: Currency Change Dilemma

Hughes Inc.’s CFO should follow his assumptions on the financial changes and conduct the appropriate transformations to shift the current balance sheet from the Canadian dollar to the U.S. currency. In this instance, any operations within the balance sheet should be represented with the currency change, as such an approach...

Africa: The Region in Crisis

Introduction The Sahel region includes many African countries and traverses the continent from west to east from Dakar to Djibouti. The region has faced the challenge of the proliferation of terrorist threats and organized crime. Various types of illicit trafficking, inter-ethnic tensions, and the severe impact of climate warming on...

Interest and Loan Calculations

When taking loans to buy new assets for a business, one needs to carefully consider interest and interest rates. In the current case, a business owner would like to buy a used car for $23,500, $25,145 with the sales tax included. Since apparently, he or she cannot buy the car...

Interest Rate and Investment Statistics in 2000-2020

The dynamics of investment in the country’s economy is determined by the influence of a number of factors, among which one of the main is the change in the market interest rate. The Central Bank, acting on interest rates using monetary instruments, has the ability to stimulate or restrain investment...

The Types of Leasing Agreements

Leasing is an alternative to purchasing an asset, which can be more beneficial for a business in terms of cost-efficiency. In general, there are five types of leasing agreements. The two that will be compared in this paper are – operating, financial, sale-and-leaseback, combination, and synthetic (Brigham & Ehrhardt, 2017)....

Minimum Wage Policy and Its Impact: Controversy

Introduction The minimum wage is the lowest amount of money for which employees can legally sell their labor. Minimum wage legislation was introduced in the USA in 1938, and in 2009, it was set at its current rate of $7.25 per hour (Congressional Budget Office, 2019). The proposal to increase...

Investing in the Current Market of Trading Cards

Introduction The current market of trading cards is experiencing a significant rise as the annual revenues of those collecting them increase. Trading cards include small cards illustrating sports figures, game characters, or other renowned images that gain value with time. The trend of collecting cards emerged in the 1980-s as...

Globalization and the Formation of New Claims

Economic globalization is an ongoing process that creates both opportunities for the growth of big cities with their corporations and problems for smaller businesses and citizens. Such an outcome is complemented by the emergence of the so-called centrality. This concept explains the prevalent role of cities in the matter and...

Budgetary Change: Unstable Situation Due to the Pandemic

A budget is an estimate of income and expenditure for a specific future time, usually compiled and revised on a periodic basis. Budgetary changes tend to occur often due to the necessity of strengthening some areas more than the other ones. Therefore, the article “Trump threatens to cut funding if...

Overcoming CSR Challenges in the Age of Globalization

The practice of exhibiting proactive social responsibility has become a trend among leading firms operating in the global arena. Corporate social responsibility (CSR) represents a set of actions taken by an organization in order to improve the overall social good beyond the direct interests of the company. Such actions have...

Currency Exchange Rate and Influencing Factors

This paper investigates how the exchange rate (the rate at which one currency will be exchanged for another) changes depending on the country’s economic characteristics and various political, natural, and other events. The currency chosen for the work is the Canadian Dollar, the currency of Canada (CAD). According to the...

Declining Union Membership in The United States

The labor market is a domain that has faced significant changes since the beginning of the twentieth century. The technological revolution, for instance, endangered a number of jobs that could be automatized in the near future and incorporated big data in the hiring process. Additionally, the dawn of the services...

Competitive Strategies for UK Banks After Recession

The economy of any country is largely influenced by the banking sector due to the significant roles they play in the financial markets. The level of profitability and revenue margin of UK banks was greatly affected by recession that started towards the close of 2007. Due to the nature of...

Socially Conscious Diaspora Business

Modern economic institutions are broad, as they include various actors with many different needs and values. Traditionally, for-profit business organizations were associated with capitalistic ideas of big corporations designed to explicitly make money. However, because of globalization and enlargement of entrepreneurs, institutions were redefined and started to incorporate the concepts...

Imports and Exports Concepts Analysis

Main Post Import and export are different economic processes that bind various states and cause their economic interdependence. Import is the purchase and delivery of goods, technologies, services, and other forms of capital from abroad for sale in the domestic market. Export, on the contrary, is the distribution of these...

Paying More is Not Receiving More

In the present-day world, it becomes extremely difficult to make the right decision on a purchase since consumers’ perceptions do not align with the actual benefits of products. The reason for it is the seeming attractiveness of those goods that are believed to be better than others not because of...

Inflation and Unemployment in Bavaria

Expansionist fiscal policy is a series of government measures aimed at increasing aggregate demand. They involve cutting net taxes or increasing government purchases and may reduce the number of unemployed. According to the Keynesian theory, such actions should be taken only to overcome the economic recession and stabilize the country’s...

“Retail Revival” by Doug Stephens

Retailing has evolved over the past century; the traditional model that was used in the 20th century has been replaced by the modern model. Retail shops have been shifted online and virtual stores have been created. Doug Stephens’s book The Retail Revival explores the shift from traditional retailing to modern...

The Death of the Department Store: ‘Very Few Are Likely to Survive” by Sapna Maheshwari and Vanessa Friedman

Microeconomics plays a crucial role when it comes to decision-making activities held by the individual units in the economic sector that affect the particular markets. Different principles microeconomist put forward; however, some tenets are highly discussed these days when pandemics changed the entire economic system. The purpose of this paper...

The Bank of America on the Verge of Substantial Changes

Introduction The Bank of America is on the verge of substantial changes, as during the 2007-2008 crisis, the organization made inadequate investments and acquisitions. The recent estimations show that the Bank lost almost $40 billion, which negatively affected the growth margins and caused loss of stakeholders’ trust. In this case,...

Rhetorical Analysis: Capitalism and Socialism

Capitalism brings wealth, and not everyone can reach it, but in socialism, there is no wealth. Both capitalism and socialism were major influencing socio-economic theories, which reached their peak of manifestation in the 20th century. Capitalism is a system where the concept of ownership and free markets is at its...

Economic Issues: Factors of Production Growth and Unemployment Rates

Introduction When combined with the lack of skilled employees, inflation is likely to have dire consequences for any organization. Therefore, assessing the factors such as the rates of production growth, the selected financial systems, and the rates of unemployment is essential for determining the threat to the state economy. Main...

How TCJA Impact the Business Bottom Line

Who is Paying Corporate Taxes and Who is Not The Tax Cuts and Jobs Act (TCJA) is a legislation that was passed by a Republican-controlled Congress and signed into law on December 22, 2017. It stemmed up from long-term lobbying by firms to decrease the federal corporate incomes which they...

Present Day Resistance Historical Roots to the Trade Globalization

Financial integration through trading and investing is usually mistaken to be the phenomenon of the 1990s. It has been developing long ago, and there are two distinct periods to be highlighted in the history of progressing globalization. To be specific, they are the time of European colonialism and the early...

Coronavirus Outbreak Impact on the Australian Economy

The outbreak of the COVID-19 virus has started in Wuhan, China, and is currently spreading throughout other countries. It affects the nations of the world in many ways. Apart from the obvious impact on people’s health, the virus and the measures against it influence economic developments as well. China is...

Energy Crisis: The Processes of Globalization and the Unification

The processes of globalization and the unification of production potentials at the regional and world level from the middle of the 20th to the beginning of the 21st century influenced the intensity and evenness of the development of production and distribution of benefits, as well as related economic phenomena. An...

The Cost of Fossil Fuels to the Society in 2015

Introduction The fossil fuels nowadays are the primary sources of energy for industrial, agricultural and community needs. More than 80% of the energy in the world comes from the fossil fuels (Cherian 36). Among them are natural gas, oil, coal and in some cases wood. They are very convenient because...

MNO: Cost of Quality

Introduction Every company desires to produce high-quality products that are free from defects. However, the production of flawless products comes with a price. Other than the normal production costs, the company must undergo some quality costs that are associated with the detection of defective products before they reach the customer...

The Analyze of the Consulting Advice on the Matters of Taxation

Introduction Tax coordination, monitoring, and regulation are generally regarded as one of the most important and responsible parts of financial activity. The merger of the Inland Revenue and HM Customs and Excise into the HM Revenue and Customs (HMRC) company was featured with the increased difficulties in tax monitoring and...

The Role of Dynamic Pricing: Machine Learning in Revenue Management

The rapid development of the Internet and IT spurred new business models based on social commerce that is mediated by social media. Various community platforms and social networks create a space for people who are willing to share their resources, whereas the advancement of smartphones and e-commerce enabled its wide...

Long-Term Impacts of the Chinese-American Trade War and Globalization of the World Economy

Long-Term Impacts of the Chinese-American Trade War The global political and economic landscape has been changing in the context of several factors. They are: the globalization of the world economy, rising interdependence of national economies, growing global competition, and increasing role of developing countries, as well as the gap and...

Economic Impact on American Workers

Introduction Since last year, the world has been going through an economic recession and this has led to a financial crisis around the globe. This has also led to many companies collapsing and hence it has had a direct impact on the workers. This is because many workers have had...

Trade Liberalization: Environmental Effects

Introduction Trade liberalization presents major opportunities, especially to developing nations. New policies put in place to allow global trade have helped create and sustain global economic growth. Living standards have gone up substantially as a result of job creation and exposure to different cultures. Products from different nations have bigger...

Technologies and Economic Progress – Pros and Cons

Today, technology has become an integral part of all spheres of our life – from birth to retirement. Through the use of low-cost resources and human labor, world technology giants produce more and more products. However, the use of these products is unevenly distributed throughout the world, whereas human needs...

Researches on the Housing Prices

Literature Review The topic of house pricing is very well researched. The housing market is often associated with large cash flows which make sellers and advertisers research the reasons and factors that affect the price of houses and apartments. Beijing as a capital city with a huge market for real...

Free Trade as a Fundamental Principle of Modern Globalization

One of the major causes and simultaneously consequences of modern globalization has been free trade. Free trade has become critical in globalized world by expanding diversity of not just goods, but technology and workforce. However, the issue remains controversial, despite evident economic benefits, the public of developed countries may feel...

Mechanism of US Agricultural Market

The fact that lower interest rates increased the number of potential customers for real estate in the early 2000s shows that housing prices should have increased substantially. Based on market supply and demand theory, a reduced cost would attract an incredible number of consumers and engage them in mortgages irrespective...

The Market Crash of 1929

Introduction The 1930s were characterized by a global economic crisis that is known as the Great Depression. It is generally thought to have begun in 1929, with the dates Black Thursday and Black Tuesday, which mean October 24 and 29 of that year, respectively, standing out. Market stocks crashed significantly...

J. Tankersley’s Article About the Economic Situation in US

Even though under the Trump administration there has been some improvement in traditional economic indicators such as employment growth, increase in the number of jobs and decrease in unemployment, in the long term, the US economy faces a protracted crisis. This, in particular, is noted by Jim Tankersley in his...

Trade Agreements and the Healthcare Industry

Introduction With the current globalization of trade, the provision of healthcare services is becoming a significant issue that requires the special attention of professionals. The current trend towards the establishment of trading agreements can affect the variety of aspects of healthcare, including pharmaceuticals and medical devices production, public health, patients’...

Low-Cost Housing Shortages in the Inner City of Massachusetts

Introduction The Federal Reserve Bank of Minneapolis (2010) argues that “the United States is in the midst of an affordable housing shortage or even worse, an affordable housing crisis”. The biggest concern now for the country is the fact that the majority of the people are living in unaffordable houses,...

Fair Trade Concept Overview

The modern business environment is mainly focused on increasing profits and raising gains from trade. These entrepreneurship’s primary goals are not easily achievable; consequently, there is an impressive number of instances of unethical practices among business owners. Being blinded by the high profits, the entrepreneurs commit immoral acts and do...

The Federal Reserve and the Financial System

Introduction The Federal Reserve came under overwhelming criticism during and after the 2007/2008 global financial crisis. Economists and the public alike were quick to lay the blame on the Fed for allowing the country’s financial system to crash. Globally, the role of a federal reserve is to keep track of...

Sports-Based Economic Development: Economic Benefits of Sports Projects

Over decades, governments have been funding sports projects for they term them as ‘economic development’ projects. Sports projects require a great deal of funds, yet revenues that they generate are meager. Some economic experts assert that sports projects do not create significant job opportunities or considerable economic activities, which boost...

“How COVID-19 Is Dramatically Changing Cybersecurity” by Deo

Analysis of a Current Events Article Numerous critical issues surround the current world, putting countries sovereignty, economic systems, and millions of people’s lives in danger. COVID-19 pandemic, that started at the beginning of 2020, affected each home’s way of living, transforming the health habits, and altering personal relationships. However, the...

Tar Sands Pipelines: Source of Dutch Disease in Canada?

The energy boom that marked the beginning the new millennium in global markets has brought about a series of considerable shifts in economic policies of the countries with abundant natural resources, subjecting some of them to so-called Dutch Disease – the phenomenon, which occurs when strengthening of the currency, caused...

Economics and Global Business Applications

Marginal revenue is defined as the change in revenue influenced by a change in the quantity sold (McConnell & Brue, 2012). As discussed by McConnell & Brue (2012), the marginal revenue curve just like the demand curve is affected by factors like change in income, change in prices of substitutes...

The Policy of Minimum Wage

The policy of minimum wage is a law that sets the lowest amount of money employers should pay their employees. It is intended to help people, who are paid extremely low wages to get self-sufficiency. Although this policy surely has some arguments against it, overwhelmingly it is considered to be...

The Crisis in UK Banking of 2007-2008

Project’s overall aims and objectives The combination of major economic shocks and the unprecedented global policy response to the banking crisis has generated exceptional uncertainties for households, businesses and governments across the world, and therefore economic forecast. Forecasts made at times when economies are reaching cyclical peaks or troughs typically...

Diversifying Funds to Enhance Financial Sustainability of Clayton County Library System

Global economic conditions contribute significantly to the decline in the sources and amount of funds that public libraries receive. According to Collins (2012), economic recession compels public libraries to reduce their budgets and operate in deficits. In the 21st century, public libraries are increasingly becoming important institutions because of the...

Chinese Stock Market: Analysis of Performance

This report looks at the general performance of the Shanghai Stock Exchange to try and come up with the reasons behind the successes of this Stock market in the past three to four years. Founded on Nov. 26th, 1990, and starting operation on Dec.19th the same year the Shanghai Stock...

Technology Venture Investing: Articles Review

Introduction Venture business – investing, as a rule, in the form of equity capital, in fast-growing enterprises that demonstrate the potential, is one of the primary ways of implementing technological innovations. This type of entrepreneurship is a small extent, characteristic of the commercialization to research results in high-tech areas where...

How COVID-19 Impacted Business

Introduction Globalization has prompted immense growth in trade and international business. Over the last decade, the world’s economy experienced a sufficient rise, which came to a grinding halt with the COVID-19 outbreak. The pandemic has influenced international business to the point of many companies being heavily damaged and even shut...

The Forward Contract: The Eduction of Manufacturing Capabilities

One of the first steps the company should consider is the reduction of manufacturing capabilities in Mexico. The global companies heavily rely on local suppliers and partners which provide raw materials for production (Shackman, 2015). Therefore, the expenditures will increase relative to the growth of the currency value in Mexico....

Anti-dumping and the Safe Guard Action

Anti dumping action differs from safe guard action in the sense that, a variety of a method is obtainable in the determination of dumped goods. This can involve the inspection of the cost of the goods in the manufacturer’s domestic market. If it is not possible to access through this...

Analysis of Macroeconomic Variables

Macroeconomic Variables Affecting the Amusement Park Industry Products and services offered by the Walt Disney Parks and Resorts Worldwide, Inc. include theme parks, hotel lodging, cruises, and tours. Therefore, the company belongs to the amusement park industry, which is a subcategory of the travel and leisure industry. Consequently, macroeconomic variables...

Implementation of Capital Budgeting Techniques

Introduction Investment appraisal is very crucial before making commitment to huge capital investment. The appraisal process is characterized by two major activities. The first one is the assessment of the level of expected return accruing from the expenses incurred. The second one entails the estimates of future costs and benefits...

Wachovia Bank Financial Report

Introduction Wachovia bank, which is now a part of Wells Fargo bank, was regarded as the fourth-largest bank holding company in the USA, the financial system of which was based on total assets. The merger with Wells Fargo Bank was stimulated by loan crisis events of the years 2007-2009. Therefore,...

How to Increase Forex Business

An analysis of revenues generated by ABC bank from its foreign exchange (forex) division shows that returns have been unpredictable over time. The bank needs to understand what is wrong and how it can rectify the situation. While the market situation may not necessarily support huge profits like those seen...

Exit of Foreign Companies From the Market Due to Internal Problems

The value of the currency will decrease slightly in the future, however, it will not have any negative impact on the domestic economy in a long-term perspective. The soft drinks in the country can be more expensive compared to American prices; it does not mean anything as there are a...

Budgeting: Discussing Various Methods

Abstract This paper discusses the various budgeting models namely the traditional budgeting model, the zero based budgeting model and the activity based budgeting model. The paper discusses the advantages and disadvantages of each model, and gives a suggestion on the business environment under which each model would be most appropriate....

Honduras: Global Change and Development Project

Introduction Globalization is an integral part of modern world development, which has an impact on all spheres of people’s life. However, this process affects states differently as some of them receive profit and benefit from it, while others only aggravate their crisis and become dependent on global players. Honduras belongs...

Causes of the Great Depression

Introduction Several decades later, the aftermath of what is regarded as the worst economic slump in US history is still being felt across global economies. Following the 1920s economic turmoil commonly referred to as the Great Depression, economists are still investigating the underlying factors that motivated the onset of such...

Buying Things to Solve Personal Problems

It is a universal true that modern people cannot exist without buying. Almost every day every person goes shopping. We may buy food, clothes, pets, TVs, books, furniture, cars, houses, and many other things we need for our every day life. And there is no difference between Americans and other...

Economics. America: The Next Greece?

Introduction America is projected to be in the same economic situation as Greece because of its budget that is mainly financed by the deficit. Not only are they financed by debts but also they show weakness in the ability to repair the loans. America takes this likeness from the fact...

“Understanding New York City’s Budget” by Lowenstein

Introduction The articles under discussion are devoted to the issues of capital budget and its peculiarities (Lowenstein, 2010a, 2010b). The first guideline “Understanding New York City’s Budget A Guide to The Capital Budget” deals with all the general points concerning the Capital Budget, its allocation and accountability. The second guideline...

Renminbi Effects on the Economy of Hong Kong

The paper discusses the working and effects of Renminbi in the economy of Hong Kong. It has the parts of introduction, positives effects of Renminbi on the economy of Hong Kong, negative effects of Renminbi on its economy, conclusive summary the list of material used as reference for this paper....

Globalization and Career of University of East London’s Students

Introduction Choosing the right career is a difficult task for any student. While in high school students are given enough lectures and advices to be able to choose the right career. Many dream of becoming doctors, pilots, and engineers but all people cannot fit in these three careers. The parent’s...

The Rise of Islamic State (IS)

Introduction The global militancy connected with the modern jihadist ideology and the ensuing instability in the Middle East pose a great threat. Not only the surrounding regions but also the United States, Europe, and the whole world are exposed to danger. The dramatic rise of the Islamic State (IS) is...

Australian Economic Stimulus Initiatives

Back-to-School Initiative The Australian government has taken the initiative to promote the back-to-school program although there seems to be no direct evidence that this program has led to the increase in the number of students enrolling in schools. The government started a four-year stimulus plan of up to sixteen billion...

Stadiums and Arenas: Economic Development or Redistribution?

Exploration of Stadiums and Arenas Coates (2007) evaluated literature to retrieve the effects of proficient sports’ teams as well as stadiums to the people residing in the surrounding areas. The research indicated that this aspect had been addressed by copious academic and hired investigators. Essentially, the researcher addresses the problems...

Economic Efficiency. Prisoners’ Dilemma in the Market

Introduction Efficiency in communication is not a big deal while taking into account the main definition of economics as concerning relationships between an individual and a group. In this respect, one should bear in mind the fact that prisoners’ dilemma is one of the milestones in this case. The thing...

Pros and Cons of Raising the Minimum Wage

Many citizens of the United States of America are not satisfied with their hourly incomes. Hence, the population wants its government to raise the minimum wages in the country in order to reduce poverty. Increasing the minimum wage should help some works, and it will help stimulate the economy overall...

How the Economic Interdependence Theory Could Lead to Japan Attacking Pearl Harbor

Introduction The Japanese attack on Pearl Harbor in December of 1941 can be analyzed from the perspective of the economic interdependence theory because this conflict was evidently triggered by the unrealized expectations of Japan regarding the development of trade relations with the United States in the Asian Pacific region. The...

Stagnation Effect on the Economy: Historical Examples

Introduction Poor wage growth has been observed over the last few years even for those employees who have an advanced or bachelor’s degree. Real hourly wages have decreased drastically in 2013-2014 for works across many spectrums with rather few exceptions. Wage stagnation is not a new story for the U.S....

Security Implications of Global Economy: Russia Case Study

Introduction The global economy is characterized by the free flow of capital and trade, as well as sourcing cheap labor from foreign labor markets. Globalization can promote or disrupt peace among countries that are trading (Katinka, 2008). While some authors view globalization as having resulted in peace and capable of...

Aspects of Online Consumer Behavior

Abstract Over years, numerous researches have been conducted by various scholars in highlighting many aspects of online consumer behavior. In as much as immense progress has been made in this trivial field, most of the studies have been conducted from a general viewpoint and not specifically pinpointing the exact issues...

Short Run Impacts of Fiscal Austerity

Fiscal austerity relates to public revenues and this is mostly (revenues) from taxation. It is mostly concerned with fiscal prudence. Therefore, fiscal austerity is a wide topic with various effects and impacts on the economy (Economist 2010, p. 26). These impacts can therefore be manifested in various ways. There has...

Ways of Avoiding Cross-Cultural Miscommunication

Introduction For any country wishing to undertake business activities across, borders, understanding culture is crucial. For international companies to be successful, in a global society they must adapt to, relate to, and understand the culture of the countries where they conduct business. Discussion Culture can be said to be the...

Globalization: Impact and Consequences

Globalization is an incredibly complex phenomenon, all aspects of which are not fully understood. Politics, economies, and cultures are all affected by the process of globalization. While some might view it positively and believe that globalization leads to a greater cultural and economic integration which benefits the world as a...

Bernard Madoff Stock Market Scam

Introduction The stock market is characterized by a lot of problems. These problems range from the fraudulent activities of the players in this sector to the running of other fraudulent financial schemes under the cover of stock market activities. The essay explores the involvement of Bernard Madoff in the Ponzi...

Tires Import: Effects on Us Domestic Tire Producers

Introduction China, a middle Asia country, had dominated the American tire market until year 2009 when an agreement was ratified to surge the inflow of the tires in the market. The two countries had a bilateral agreement. The situation was that the Chinese tires could be imported into American market...

Business Cycle Indicators: Coincident and Leading Indicators

Differentiating between Coincident and Leading Indicators Coincident indicators are economic factors that show direct, concurrent variations to the prevailing economic trends. These variations occur simultaneously and provide important information regarding the economic status of a business. Personal income and employment in formal sectors are some examples of coincident indicators. Leading...

Role of Globalization in Asian Market

Globalization has created international markets for organizations. Consequently, businesses have to tackle ethical, social and cultural issues in new markets and cross-cultural settings. Thus, managers must recognize that the approach of managing a domestic firm differs from that of managing a global business. Managers must know countries vary in terms...

Country’s Factors For Promoting Consumer Trust

Introduction, Purpose and significance of study Jimenez & San (2009) carried out a detailed study about “The role of country-of-origin, ethnocentrism and animosity in promoting consumer trust: The moderating role of familiarity.” The fundamental purpose of the study is to develop a multidisciplinary model that explains the aspects relating to...

Applying International Trade Concepts Simulation and Economics

Absolute advantage Absolute advantage is a concept where one country produces a similar good at a cheaper cost of production compared with another country (William, 2008). This means that the production costs of one country are likely to be higher compared with another country. Absolute advantage occurs when a country...

Sport and Economic Regeneration in Cities

A research study conducted by Gratton, Shibli, and Coleman (2005) evaluated the social and economic relevance of sporting events and the appropriateness of related investments. These researchers hypothesized that the aim of the sporting investments seen within cities for the last twenty years was not directed towards the prowess of...

International Trade: Term Definition

Introduction International Trade is a very integral part of the world economy, many countries proper because of the international trade, fair trade comes under international trade and more light will be thrown upon the same in this paper. Fair trade is a practice which is predominant in developing countries; developing...

Expenditures in South Carolina’s Budget

Expenditures on education The place of America as a superpower has its roots in its education system. Therefore, every state has a responsibility of providing quality education to maintain this position. The value that South Carolina attaches to education shows in its expenditure on education. This expenditure item historically accounts...

World Trade Organization Definition and Tasks

Introduction Looking at the process of globalization maintained and developing in the world practice and in the international relationships one can point out the significance of financial and economic growth for countries using some regulative organization. GATT and then WTO is the organization for the provision of highly considered and...

Agency Problem and Capital Structure of Firms

Introduction Major corporate financing decisions center round selecting in between equity and debt financing. Finance managers sourcing funds for any new capital projects are likely to look at borrowing options, as such decision may not lead to cutting of dividends or to make a rights issue of equity. The decision...

Lessons From Transition Economies

Introduction “Subsidiary Roles, vertical linkages and economic development: Lessons from transition economies,” by Bjo¨rn Jindra, Axe le Giroud, and Joanna Scott-Kennel is an interesting article that provides information concerning the vertical supply chains, foreign subsidiaries, as well as, foreign firms (Alfaro & Rodrı´guez-Clare, 2004). According to the authors, technological competencies...

Globalization and Its Effects on World Economies

Introduction In today’s world, one cannot be able to separate history, economics, and the science of politics. Politics in today’s world controls the economy. Thus, when recorded in a correct and accurate way, the control of the economy is what can be termed as history. This, therefore, shows a core...

Competitive and Monopolistic Markets

Characteristics of a competitive market According to Tucker (2008), a competitive market has unlimited buyers and sellers of goods and services. In other words, the demand for goods and services by consumers is infinite and at the same time, producers have the liberty to supply goods and services to the...

Tax Forecasting for the Republic of Vardar

Introduction The Republic of Vardar gained its independence at the beginning of 1990. It came because of the broke up of the Soviet Union. Thus, as a governing unit it has existed even before, but as a part of the larger state of the Soviet Union. Due to the new...

1987 Black Monday: Outline and Prevention in the Future

Dear 1987 Black Monday Black Monday occurred on the 19th day of October 1987, and it greatly affected the stock market. It came to an end on Tuesday 20th with the government’s intervention. Before opening the financial market the Federal Reserve issued a short statement that said it would intervene...

Raw Materials – the Heart of Economy in China

Statement of the topic ‘Raw materials’ and ‘energy’ are two factors that I would like to explore in Shanghai during my visit to China. The subject of raw materials is relevant to be because of the problems I am facing in my business in the context of raw materials while...

Macroeconomic Theory Correlation Between Gross Domestic Product

The macroeconomic theory studies the correlation between Gross Domestic Product (GDP), inflation, unemployment, and fiscal policy which includes government spending and taxation policies. In this article the U.S Treasury department was contemplating raising the debt limit to prevent the governments’ default in meeting its financial obligations which would result in...

Democracy in America: Effects of Wealth Inequality

Democracy has always been associated with social inclusion and a closing gap between the rich and the poor. However, theory and reality change in the historical perspective – so does the situation with inequality. Undoubtedly, a deeper insight is needed to study the relations between democracy and inequality. The purpose...

Trade in Environmental Goods and Economic Growth

Abstract Currently, there have been talks about economic growth and trade. As well, there has been the issue of economic growth and environmental conservation which has become a global issue. This means that there should be a way of addressing this global issue while at the very time encouraging global...

Changing Kenya’s Economic and Political Structures

Introduction This paper intends to discuss economic and political issues in the Kenyan situation. Since we got our independence in 1963, we have always operated on political, economic and social structures that have only served to stagnate our economy, promote ethnically based politics, and we have never looked into the...

Post-Global Financial Crisis Companies’ Strategies

Introduction This paper advances proposals that companies should exert to change their strategies regarding bonds, fixed income, and leveraged securities, given the 2007-2009 Global Financial Crisis. This appalling global phenomenon sabotaged economies worldwide and plunged them into radical bankruptcy and landslides (Farlow, 2010). Of vital significance is the impactful liquidation...

Professional Sports Effects on National Economy

Selling the Game The study conducted by Baade, Baumann, and Matheson (2008) evaluated the effects of professional sports on national economy where the development of stadiums were conjoined to its popularity and eminence. Essentially, the sporting activities such as franchises and leagues publish their sizable advantages that create an incentive...

Banking Policy Regulation: Lending to Minorities

Arguments that white lenders use to defend their approach To begin with the first reason that the white lenders use to defend their approach towards minority lending is the fact that lending institutions operate under certain rules which demands that a particular bank maintain a certain amount of equity reserves....

Unemployment: Types And Factors

Unemployment is one of the greatest social evils in our society today. This is because of the unfriendly impacts it has on the economy. Unemployment brings about poverty and hopelessness among individuals in society. In addition, weird behavior is also encouraged by this phenomenon. For instance, stealing and robbery cases...

Economics of Sports Facilities & Communities

Siegfried and Zimbalist (2012) evaluated the renovations and constructions of 46 major league stadiums as well as arenas within the United States from the year 1990 to 1998. In addition, there were forty-nine sporting facilities preparing for or undergoing construction. This increasing number of sporting facilities was coherent with the...

Understanding Economics: Definition of the Capitalism

Wealth creation in a capitalist system relies on private ownership of property. Individuals are given the freedom to own and control the property. In addition, the economy operates as a free market. This means that there is minimal government intervention increasing the efficiency of market forces in determining the price...

The Currency Exchange Risks

The currency exchange risks can be a serious issue for any company as it is something that cannot be under absolute control. Taking into account that the company has no option than to buy raw materials in Japan, the safest method is hedging. Hedging refers to an ability to minimize...

Analysis of Excerpts by Smith and Marx on Economic Development

Adam Smith is known as the patriarch of economics because his ideas have been widely used and adapted over the centuries. His concepts introduce a philosophical vision of economic functioning and regulations, including the division of labor. Meanwhile, Marx supplements Smith’s view on labor but considers it as estranged, which...

Economics. Publicly Financed Stadia in Vancouver

A research conducted by Lee (2002) reviewed the participation of stadia to the economic development of cities. This research was implemented due to the argument that triggered heated debates as probed by the media in regard to their public financing. A part of these arguments pointed out that the stadiums...

Stadium Development: Economic and Political Structure

There have been various controversial issues regarding the sources of funds for stadium development. Researchers have evaluated these structural appearances of the stadiums in economic and political dimension (Gratton, Shibli, & Coleman, 2005). Some researchers argue that stadiums’ developments are private issues and should be constructed as public resources through...

Principle Sources of European Commission Discretion

Many definitions have been advanced by numerous scholars in trying to give the most fitting meaning of safeguard action. However, for the purposes of this writing, we are going to adopt the much reverenced definition of the Australian government (2001) which simply says safeguard action is an emergency action that...

Economic Globalization: The Role of Geography

Introduction Globalization is by no means a modern phenomenon closely connected with the geographical structure of the world and location of a particular country. From ancient times countries have never lived in isolation. In the West, Ancient Rome was responsible for control and economic integration of the adjacent countries. And...

Technologies to Fuel Ethiopia’s Development

Introduction Ethiopia, or officially the Federal Democratic Republic of Ethiopia, is one of the poorest countries in the world. The country’s national poverty level is around 44% with most of the Ethiopians surviving on U.S. $1 a day (Gupta, Clemens, and Inchauste 353). The economy of the country is considered...

Job Opportunities in Sectors and a Beyond Recession

Introduction Entrepreneurship is defined as the practice of starting a new business venture or renewing an already existing business based on new opportunities and ideas. It entails taking risks, being resourceful and venturing into the unknown business fields. This makes it to be associated with uncertainty (Shukla, 2009, para.2).An entrepreneur...

The NFL Lockout and Its Effect on the Economy

Introduction NFL lockout may be regarded as one of the most prominent economic events in the world of sports in 2011. The reasons for the lockout are analyzed from various perspectives, and the economic consequences of these events are serious enough. The economic theory that may be applied for the...

Government Role in Fiscal Policy and Recession

Responsibility of Crisis A number of factors may have triggered the 2008 financial crisis. But the factor that stands out the most is the shortfall in liquidity that was witnessed by major banks around the United States. This shortfall was preceded by a phenomenon rise in need for houses. The...

Managerial Economics, Market Power

This is a research paper on market power which is a part of managerial economy. It starts with defining the topic and area of research, later getting into the path for recognition of different aspects and scopes of the topic. The major ideologies linked with market power are stated and...

Competition Policy and Equilibrium Rate of Employment

Introduction In any sound market, three factors might be considered important. These are the cost effect, competition effect, and location effect. The cost-effect The cost-effectiveness in most cases is related to the currency in use and its strength in the market. An example is the Euro advantages, which upon its...

Trade Policy Dilemmas in Australia

Policies refer to statement of intent about developmental issues. Policies are developmental theories and assumptions about the world. They carry incentives that encourage development and others that discourage particular actions. Public policies are intended to achieve certain objectives, an action by the government to attain certain results. The policy process...

Is Debt Cancellation the Answer to World Poverty?

The bulk of the $1.21 trillion dollars that developing countries owed the rich countries by 1987 was largely accumulated unfairly through lopsided financial agreements. There are four major ways that have contributed directly to the significant debt that developing countries have accumulated over the years: high interest rates, tied aid,...

CPA Firm: Outsourcing the Basic Tax Revenues

As the Managing Director of the CPA firm, I would choose the option of outsourcing the basic tax revenues from India, just like the other firms in the community. The basic tax return will improve the firm, in that it would be easier to access the services at a reduced...

Rodamia: International Trade Simulation

Introduction Evaluation of a country’s natural resources is paramount in determining the country’s rate of economic growth. Considering the fact that countries have got different quantities and quality of resources, various countries consider trading with other countries in an effort to optimize their rate of economic growth (Suranovic, 2009, p.1)....

US Economic Recession of 2008

Introduction Economic recession can be defined as a prolonged decline in economic sector in a given country. In other words general business field in a country is affected. It is normally characterized by low productivity and investments as well as big percentage of unemployment. It is when gross domestic product...

Tax Cuts and the Economy

Tax can be referred to as a fee that the government levies on activities, products or even incomes. It can either be levied directly on corporate as well as personal incomes or be indirectly levied on services offered or price of goods sold, with the incentive of financing of the...

United States Trade Deficit Trends

Introduction Trade balance refers to an ideal situation where a country’s imports and export are equal. In real life situations, it is difficult to attain this balance, resulting into either a deficit or a surplus. In cases where a country’s imports are higher than its exports, a situation of trade...

Business Environment: Australian Companies & Chinese Market

Executive Summary China’s economic potential has been a source of attraction to companies in various countries, notably Australia. Various Australian companies have ventured in China market. Among these include BlueScope Still in the manufacturing industry, Elders Livestock in the agricultural sector, and Australia and New Zealand Banking Group Limited (ANZ)...

International Business Strategy for Foxton, UK

Executive Summary The UAE and other Middle Eastern countries pose a great market for real estate investments (Walker, 2009). The UAE’s political, economic, and social environment is also suitable for foreign investment. However, the company is bound to experience competitive challenges from real estate multinationals and agents because they constitute...

Financial Planning: Term Definition

Speaking about the trend Barack Obama keeps there cannot be a complete analysis of his political and economic approach. To my mind, any president’s actions can be judged only after some time of presidency. There are lots of unpopular innovations in finance and political systems different governments adopt, that their...

Financial Market Regulation and Bank Activity Limitations

It can be argued that there are introductions of a broad variety of limitations on bank’s activities which are imposed to regulate inducements; and selection of portfolios of uncertain assets. Even though these limitations vary between countries, there are some similar processes like policies on bank’s capital, and the policies...

Monopolistic Competition and Market Structure

Introduction Monopolistic competition refers to a market structure where products are differentiated and a large number of producers compete with each other to satisfy the unlimited customer base. In this marketing structure, producers have a certain level of price control, trade barriers are few and the customer perception on price...

Ireland’s Political Economy in 2004

Introduction Ireland was considered to be one of the most competitive political economies in the world in the early 2000s, its political and economic policies attracted investments and it was seen as an attractive investment destination in Europe. This was fuelled by the government policies of cooperative industrial relations, tax...

Market Failure in Free Market and Externalities

Definition of market failure Market failure is an economic theory where the allocation of goods and services in a free market mechanism is inefficient. That is in the inefficient allocation, there are some players whose gains outweigh their losses while for other participants, their losses outweigh their gains. Market failure...

Monetary Policies Roles and Definition

Introduction Monetary policy is a strategy that is implemented by a government to monitor and control the interest rates, and the money in circulation. Monetary policies have an impact on the economy of the United States by increasing and decreasing the aggregate demand and supply of money. This in turn...

Principles of Finance Exemplified by First Solar, Inc.

Introduction First Solar, Inc. was established in 1999 by the First Solar Company. First Solar Inc. manufactures solar equipment and supplies solar energy. The company makes its solar modules using a thin-film semiconductor in a new CdTe technology. First Solar Inc. has its headquarters in Arizona Unite states; operates in...

A Mini-Economic Forecast of the Recent Drop of the Euro Currency

Introduction In the recent past the euro has witnessed a relentless decline in value to the lowest point in four years. The decline is associated bailout that was undertaken by governments in the euro zone during the financial crisis. The countries borrowed heavily from their banks to safeguard them from...

Australia’s Mobile Market: Marketing Strategies and Pricing Factors

Based on studies carried out on the Australian Mobile market; it has been conclusive that ‘mobile data services’ have had an effect and increasing significance, as the returns from ‘voice calling’ are declining and at the same time trends show that mobile communication use is likely to advance. About the...

Regional Economic and Social Development Focus

Introduction Economic and social developments are policies which improve living standards of people through numerous developments and promote social equalities. It is a desire for every country to improve and develop economically. Globally, economic change and development has necessitated more countries to work harder. This is however not the case...

India and Canada: A New Era of Cooperation

Introduction The need for cooperation between India and Canada was first raised at the dawn of 2005. The two needed to cooperate in the areas of trade and economy. In addition to these, the two countries’ prime ministers met to address the issue of the prevailing challenges facing the two...

Recession and the American Dream for Education

Introduction The current shape of the U.S. economy and the great economic slowdown has negatively impacted numerous families, children and students who dreamed of a bright future, particularly through education and academic. The recession has been so severe that most of the future plans with regard to education and other...

Global Integration: Developments and Implications for Organizations

Introduction The Global Integrated Enterprise is indeed a recent development emanating from the evolution phase that the Multinational Corporations (MNCs) have gone through. It is also imperative to note that the process of globalization has been necessitated by MNCs as the primary catalyst. Hence, MNCs are better acknowledged as global...

Land Supply and Real Estate Development in Hong Kong

Hong Kong for some time now has been under the land supply limitation policy adopted by the government. The limitation of land sully has had a great influence on the real estate industry and the economy of Hong Kong as a whole. This paper examines empirically the effect of land...

How to Measure the Health of the Economy

Use of gross domestic product in the business cycle Gross domestic product is used to measure the total income and output which have been produced in a given year in a country. It’s obtained by adding all the cash inflow and outflow together so as to come up with the...

Fiscal Policy: The Role and Mechanisms

Fiscal policy is a set of tools used to leverage the changes occurring in aggregate supply and demand of a given commodity in an economy. In some fiscal policy, constitute measures taken by governments to correct situations of shortages and excess resulting from revenue-expenditure imbalances. As in the case of...