Thuc Nguyen MGMT 346 Wednesday, May 11, 2016 Paper Assignment – NAFTA vs EU International Integration With the development of the world economy, all countries are natural to trade and communicate with other people, especially their neighbors. Regional economic integration plays a very important role in the post-war period. This essay is aimed to compare the progress of the strategic competition between the European Union […]

Porter’s Diamond Model provides companies with four reliant factors that fully depend on the state of each other to achieve success within a competitive environment. However, Curran (2001) claims that Porter’s Diamond Model does not fully explain a country’s competitive advantage since only two factors provide evidence of their competitive position. The used factors are company rivalry, strategy, and factor endowments. With reference to the […]

International economics Module Code: BME 0003 Student name: Lamin Jatta Student number: U1370065. Introduction International trade theories explain international trade patterns. Academics see trade as the interdependence of states through the exchange of capital, goods, and services. International trade has existed for thousands of years in the world. Its economic, political and social influence in the world has begun rise. However, new trade theories include […]

ECONOMICS CIA 1 NAME- SHRDDHA SAHAY REG. NO – 1413498 CLASS – 3 PSECO Contributions of Adam Smith, David Ricardo and Karl Marx to the theory of development Adam Smith’s contribution to the theory of development Before the onset of industrial revolution, there was an open trade in Europe and so the English traders did not require a domestic market to sell their finished goods. […]

In order to understand how economics really work in today’s age we must think about how those economic ideas, revolutionary theories of many economists, that helped to shape the economic structure as we know it now, through many individuals and school of economic though that has existed through the ages. These schools are “the mercantilists, the physiocrats, the classical economists, Marxian economics, the neoclassical economists […]

Before the “Keynesian” era in the middle of the nineteenth century, economists Adam Smith, David Ricardo, Thomas Mathus, and John Stuart Mill all shared somewhat similar economic views of the world. Some of the main concepts covered during this time included the division of labor, theories of rent, value, and distribution, theories of market “gluts” and population, and opportunity cost, competition, and trade. These classical […]

THE HISTORICAL TRANSFORMATION OF WORK   1   Chapter contents Work in pre-industrial societies Work in industrial capitalist societies Main features of work in industrial capitalist societies Capitalist industrialization and the primacy of work Crises and industrial capitalism Technological and organizational change The rise of trade unions Women and work in the development of industrial capitalism The dominant conception of work in industrial capitalism Summary […]

In the era of capitalist globalization, the economic growth of China has made the country a possible regional leader with the potential to become a global power. With respect to economics, China’s capitalist market has become a key international player in global politics. One way of conceptualizing the phenomenon of economic expansion in China is through the examination of traditional and contemporary IR theories. China’s […]