“Call me Ishmael” is the famous opening line to the great American novel Moby Dick. Written in 1851 by Herman Melville, the story is a cautionary tale that focuses on the vengeful Captain Ahab, skipper of the whaling ship Pequod, and his fatal quest to...
Abolafia makes it clear in his writings that bond traders on Wall Street create their own version of economic behavior. Self-centeredness on the trading floor is defined as opportunism, and what is normally rationality appears to be hyper-rationality. These two strategies employed by bond traders...
Introduction International trade allows countries to expand their markets for goods and services that may not have been available locally. As a result of international trade, the market has greater competition and hence more competitive prices, making the product cheaper home for the consumer. Global...
This paper is written to critically analyse the legal and economic implications in relation to the current United States (US) – China trade war on World Trade Organisation (WTO) and one WTO member state, which in this case is Vietnam. The US has decided to...
Free Trade Agreement (FTA) has been in the center of debate in South Korea after the United States president Donald Trump has called the US-South Korea FTA ‘a job-killing, bad trade deal.’ Along with the rise of protectionism, it has raised questions about whether such...
Young girls and women in Thailand are dragged into the sex industry either by force or voluntarily. Sex trade establishments vary on different types such as closed brothels taking the first place in terms of number, followed by night clubs, go-go bars, tea houses, massage...
Globalization just hit the world and skyrocketed businesses into booming success. Who would have ever thought that this thing could change how we do business. First things first, let us discuss what is globalization. According to Investopedia it is the spread of products, technology, information,...
Indonesia is an 1.905.000 km2 archipelagic country that has many natural resources, and to process their natural resources in order to fulfill it’s need, Indonesia need more advanced technology which will cost too much for processing their natural resources. Meanwhile, there is Philippines, who has...
Gravity is distinguished by its parsimonious and tractable representation of economic interaction in a many country world. Most international economic theory is concentrated on two country cases, occasionally extended to three country cases with special features. The tractability of gravity in the many country case...
Although many major world powers such as Britain and France were present in trade occuring in the Indian Ocean basin, only a few countries managed to truly influence and dominate trade here during the sixteenth century. One of the leading dominant powers was Arab/Muslim merchants...
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