Comparative Advantage

Comparative Advantage Comparative advantage can be defined as the efficiency of a country or a state to produce a certain commodity at a lower opportunity cost compared to another another country. This applies to international trade where a country can produce a certain good or service at a cheaper cost than another nation. Therefore, it only makes sense for the other country to buy from the producing country as it will be cost effective. International trade refers to the exchange of goods and service between two countries at a price, which is accepted by both countries. A theory can be defined as a discipline of critical thinking and shared ideology on a given topic in science. Thus, the comparative advantage trade theory refers to a clear understanding of the trade that exists between countries that depend on each other for goods and services. In this case, one country can find a market for its goods. On the other hand, the other country can purchase goods at a cheaper price than it would use to produce the same goods. One country is more efficient than the other in producing certain products. Therefore, it makes sense when both countries get involved in the business. In this case, the country that purchases the goods will shift some of the manufacturing attention to other goods that it can produce at an efficient cost.Advertising We will write a custom essay sample on Comparative Advantage specifically for you for only $16.05 $11/page Learn More Comparative advantage compares the efficiency of the country to produce a product at a cheaper cost than another country given the same economic conditions. There exists a relationship of co-existence between two countries. In this regard, each country can produce a commodity that it can produce cheaply and purchase the ones it cannot produce efficiently (Leamer, 46). Economics refers to the discipline that focuses on the production, distribution, and consumption of products. It helps to understand the forces of demand and supply that exists in the market. Market forces dictate how certain goods are produced and offered in the market in an effort to satisfy the needs of customers. Thus, in a given economy, it is very hard to produce all goods and service that the economy may require. Therefore, international trade should be introduced to cater for any commodity that a country may not be able to produce efficiently. A comparative advantage exists if two states differ in technological abilities and resource availability. Therefore, one country can engage in the production of certain goods or services at a lower cost than the other country. This comparative advantage may be as a result of a country having cheap labor or due to availability of capital to produce the given product. A country may be strategically located in a place where there are raw materials and thus being able to save on transport cost and purchase of the raw materials. Economies of scale favor international trade as producti on cost fall due to the scale of production. For example, it becomes cheaper to produce larger quantities of goods than producing a small quantity of goods under the same production process. Comparative advantage has been the backbone of international trade and its development. It has also led to increased efficiency in the country’s industrial production. International trade helps to promote world peace through efficient co-existence between trading partners. Good relations are enhanced through international trade as the countries depend on each other for the production and distribution of goods and services. International trade helps countries to earn foreign exchange, which is vital to facilitate stability of their currency (Maneschi, 12-15). Comparative advantage allows a country to specialize in the production of a given commodity. Therefore, this country can purchase other commodities that are available in other countries at a much cheaper price compared to the cost of producing such goods under the current economic status.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More A country can make good use of the available resources like human skills, education, and talent combined with enhanced machinery to produce goods and services. The country should then establish a better way to acquire the goods and service that it is not able to produce within its economy. Therefore, the best way is to acquire such goods and services from other countries that can produce them at a low production cost. International trade facilitates the use of the factors of production in an effective and efficient manner. However, this can be costly due to taxes and tariffs imposed on the importation of the goods. Nonetheless, it helps to eradicate delays and low supply of goods. International trade helps to promote relations between trading partners through the exchange of tec hnology and production skills that increase production scale. Sharing of information and skills is enhanced through international trade where the citizens of these countries share culture. Transport and other infrastructure are improved through international trade as the exchange of goods and service promote the need to have developed transport system (Maneschi, 18-21). Conclusion Comparative advantage is brought about by one country having a better opportunity cost in the production of a commodity than the other. Comparative advantage has been instrumental in promoting international trade where countries or states exchange goods and service at an agreed price and terms. International trade helps to promote world peace and stabilizes the economies of different countries through the exchange of information and technology. Leamer, Edward. Sources of International Comparative Advantage: Theory and Evidence. Cambridge, Mass. u.a: MIT Pr, 1984. Print. Maneschi, Andrea. Comparative Advan tage in International Trade: A Historical Perspective. Cheltenham u.a.: Elgar, 1998. Print.

Los Recuerdos del Provenir de Elena Garro. (En Espanol) Essay

Los Recuerdos del Provenir de Elena Garro. (En Espanol) - Essay Example Igualmente se sabe que la iglesia tomo la decision de oponer resistencia a las medidas impuestas por el gobierno. Sin embargo, las hostilidades por parte del sector oficial no solo tuvieron un efecto considerable en la vida de las personas dedicadas a la iglesia, sino que causo que el pueblo se sintiera ofendido y amenazado. Estos sentimientos los llevo a defender a una institucion que jugaba un rol de cierta importancia en el pais. El origen de la guerra cristera se debio a un numero de medidas tomadas por los gobernantes de Mexico durante el periodo que siguio a la Revolucion mexicana, cuando el general Plutarco Elias Calles habia tomado el poder. Entre las medidas promulgadas se encontraba la separacion entre la Iglesia catolica y el Estado. Adicionalmente, a esta institucion religiosa se le impidio desempenar ciertos roles dentro de la comunidad y se suprimieron un gran numero de sus derechos. En el libro Los recuerdos del porvenir la comunidad de Ixtepec se entera de las medidas tomadas por el estado una manana ? el grito de los voceadores de los diarios anunciaba la suspension de los cultos religiosos atraveso las calles del pueblo, se introdujo en los comercios, penetro en las casas y puso en movimiento a los habitantes ? (Garro 157). La suspension de las ceremonias religiosas es una de las tantas medidas amparadas por dos nuevas constituciones. La primera constitucion, por ejemplo, le prohibio a la iglesia poseer propiedades inmobiliarias y la segunda le permitio al estado decidir el la cantidad de iglesias y sacerdotes en cada region. Los sacerdotes no podian realizar su labor: ? el pueblo se encuentra cortado de los sacramentos, no se puede bautizar a un nino, no se puede contraer matrimonio, confesar, comulgar. Se tiene que morir como perro callejero, sin queja, tras una vida miserable ? (Meyer, XII). En la historia, el gobierno envia a soldados a que cierren por la fuerza todas las iglesias e impedirles la entrada a los habitantes del pueblo. En la historia, se puede apreciar que los militares estan dispuestos a prohibir la entrada a la iglesia por medio de la violencia, como si los ciudadanos fueran el enemigo: ? bajo los almendros quedaron mujeres con las cabezas rotas a culatazos y hombres con las caras destrozadas a puntapies ? (Garro 162). Estas acciones son un ejemplo de intimidacion desmedida que afecta a todos los ciudadanos que osen dar su apoyo a la iglesia y constituye uno de los elementos detonantes del movimiento cristero. No contentos con el uso de la violencia contra el pueblo indefenso, los militares hacen del conocimiento publico que por ley ellos tienen el deber de apresar a los miembros del clero y, hasta se podria decir, que la vida de los padres y curas corria peligro. En la novela, uno de los personajes expresa que el padre Beltran habia desaparecido ? la gente decia que habia decidido darse a la fuga aunque se ignoraba la direccion en la que se habia dirigido. Otros personajes decian que el padre estaba detenido en Ixtepec y que los militares pensaban matar lo cualquier noche ? (Garro 164). Es obvio que las acciones del gobierno habian un estado de incertidumbre, angustia y, mas tarde, ultraje entre los ciudadanos. Saber que un personaje tan cercano a la comunidad se habia esfumado no era un buen presagio. Se elaboran muchas conjeturas pero mas adelante uno de los person

Rule of St. Benedict and the Prayer of St. Francis Essay

Rule of St. Benedict and the Prayer of St. Francis - Essay Example Significantly, a variety of monastic traditions have contributed to the growth of the religious life within the Catholic Church. The regulation of monasticism was mainly carried out by the various religious rules such as the Rule of St Basil and the Rule of St Benedict in the early periods of monasticism and these rules were strictly observed by the monks. However, the Church laws of different denominations began to regulate monasticism in the later periods and there was a great change in the attitude towards these religious rules. The selections from the Rule of St. Benedict and the Prayer of St. Francis as given in the textbook provide an important illustration of the monastic traditions of different periods in the Church history. In spite of their apparent differences, both of these texts make sense in the context of the monastic traditions of the different periods. A comparative analysis of these two texts explains how monasticism fits into the Christian tradition generally and t hese texts provide the most effective demonstrations of the religious rules of different monastic traditions. In an analysis of the selection from the Rule of St. Benedict, one comes to recognize the example of the monastic tradition of the early stages of monasticism.

Men are Becoming More Evil Essay Example for Free

Men are Becoming More Evil Essay I believe that in the last couple of decades man is becoming more evil. Many blame the media. Then there are those who blame the increasing number of dysfunctional family and the weakening relationship between parents and children. Whatever the cause, one thing is clear, and that is men are becoming more cruel, violent, inhuman and evil. Global crime rate, for example, has shown that all countries around the world have steady increase in robbery, homicide and other crimes. The total recorded crime trends have therefore shown similar steady increase in the last 50 decades. This was reported by the United Nations Survey of Crime Trends and Operations of Criminal Justice Systems. Juvenile delinquency is also increasing as reported by World Youth Report, 2003. In fact, in many Western European countries, from the 80s to the 90s, statistics show that there is a significant increase in juvenile delinquency rate from 50% to 100%. Moreover, although delinquency is universal, study has shown that there are different contributing factors to delinquency among different regions. For example, in Africa, the main cause is poverty, unemployment and malnutrition. In Asian countries, it is an urban phenomenon. In some countries, especially those in the Golden Triangle region, children are used by the drug industry, thereby becoming addicts themselves. Also in this region, children are victimized by human trafficking. In Latin America, it is homelessness and poverty. Arab world, it is urbanization for the rich countries and socioeconomic difficulties for the developing ones. While in many industrialized countries, such as the US, the main factor is increase in consumer goods. What this shows is that across the globe and with different factors, delinquency is becoming a way of life for many children. Gone are the days when children are innocent. Today they grow up in a world of violence, injustice and inhumanity that they themselves become violent, cruel and evil. Their crimes can be considered most heinous. In the last fifteen years school shootings is becoming more common. Then there are children who are not even in their teens commit senseless and extremely cruel crimes, such as Jon Venables and  Robert Thompson who stole, tortured and murdered a two year old boy. Whether this is caused by the environment, the media or family upbringing, it is clear that men are therefore becoming more evil. Becoming evil of course is a process as it does not happen overnight. It means that there is hope yet for the future generations. Societies might change and evil men might repent and turn their backs on their evil ways. But until that day comes, we see man becoming more evil with each passing day.

Essay --

Scotland is a country famous all over the world for its culture and warmth, In political terms Scotland isn't really on the map, however next year marks a huge event for Scotland as the people of Scotland are going to be put to the polls to decide if Scotland will become an independent country or stay within the UK. Scottish independence has been a topic for many years however now it may be a reality which would appease many people but also anger others. Scotland joined in a Union with England in 1707 after it essentially went bankrupt by attempting to colonize a part of Panama and name it 'Caledonia', it was unsuccessful due to poor planning and also weak leadership, this was a huge contributing factor towards Scotlands financial mess. Scotlands export was nothing compared to Englands at the time and was generally over shadowed by its powerful neighbour (Baynes, Thomas Spencer 1888). The two countries prior shared a monarch for over 100 years when King James VI of Scotland also became the King of England. They were numerous attempts prior to 1707 to join Scotland and England together, however in 1707 both countries appointed 31 commisioners to conduct the negotiations. Most of the Scottish commisioners favoured the union and similar with the English commisioners, however it is important to note that the tories were against it. Many people in Scotland felt betrayed at the time, and many also do today, they think that our dignity and nationality was wiped off us in exchange for money. Famous poet Robbie Burns was quoted saying 'We're bought and sold for English Gold, Such a Parcel of Rogues in a Nation'. With contrast to the above the English wanted a union with Scotland to ensure that Scotland would not choose a monarch differen... ... religion, however Marxists defend the right of 'oppressed' nations to self-determination, up to and including independence. On the question of Scottish independence, the Left in Scotland is similarly caught on two minds. There are those in the Labour Party and the Communist Party of Britain (CPB) who maintain that independence would disunite the British working class and only go to serve the interests of the bourgeoisie. However, others on the Left, most notably in the Scottish Socialist Party (SSP) and the Communist Party of Scotland (CPS), believe that the breakup of the British state is a precondition for securing progressive, socialist change for the peoples these islands since it would open up opportunities for the Left, both in Scotland and south of the Border, to promote a radical political agenda that otherwise would remain excluded from mainstream politics.

Crow Lake Empathy Essay

In Mary Lawson’s Crow Lake, Kate Morrison is left emotionally stunted after a series of events leave her disappointed and grieving. When Kate is only seven, her parents are killed in a tragic car accident. Luckily for Kate, she could find condolence in her older brother Matt and the pond, a bond shared between the two. Kate idolizes Matt so it crushes her when he impregnates their neighbour and can no longer continue with his education. Kate sees this as a huge disappointment. She’s afraid of love and emotion due to her unresolved conflicts in the past. Kate has been left incapable of empathy in fear of becoming close to anyone again.From a young age Kate has been unfamiliar with others’ and her own emotions. The Morrison household preferred to keep drama to a minimum. Kate refers to this as the Eleventh Commandment: Understatement was the rule in our house. Emotions, even positive ones, were kept firmly under control. It was the Eleventh Commandment, carved on i ts very own tablet of stone and presented specifically to those of Presbyterian persuasion: Thou Shall Not Emote (p. 9). Being a stranger to emotion, Kate finds it difficult to identify and feel what another person is feeling.Exposure to emotional outbursts makes Kate anxious as she cannot find a proper way to deal with others due to her inability to fully understand and empathize. When Kate is approached by one of her students after class she assumes it is because of reasons related to her studies. â€Å"‘I guess I’m not the sympathetic type’ † she admits, â€Å"‘[s]ympathy and empathy are linked, after all’ † (p. 236). The student is struggling to find words when Kate suggests that â€Å" ’ [i]f it isn’t connected to your work, then I may not be the best person†¦ ’ † (p. 237).When her student confirms it’s about her studies Kate begins with a generic authoritive response to Fiona’s proble m, encouraging her to go on with her work rather than leave university but when she is faced with the raw emotion of Fiona’s tears Kate shys away, reminding herself that despite both growing up in a rural area, their situations were nothing alike. Rather than trying to relate, Kate pushes herself away. The Eleventh Commandment sticks with her throughout her life The return to Crow Lake unearthed feelings that had been buried for too long.For Matt’s wife, Marie, these feelings were frustration with Kate’s attitude toward Matt. Marie quite clearly sees how Kate’s judgements negatively affect him and finally decides to lecture Kate on her blindness to Matt’s satisfaction with his life and her lack of forgiveness towards him. Kate was completely stunned by Marie’s words of how her disappointment is the heaviest weight on his shoulders; to Kate it seemed â€Å"that her accusations made no sense† (p. 279). Kate, unable to see things from Ma rie’s eyes, is unnerved and puzzled by what happened. She was convinced that she had been protecting Matt. Here am I, with my wonderful career, and here is my boyfriend with his wonderful career, and look at all of you† (p. 260). She felt as if she would have been bragging to talk about anything in her current life, rubbing Matt’s face in her big city endeavours. Her lack of empathy made her blind towards Marie’s attempt at displaying Matt’s want to regain the bond they had once had. If Kate was able to empathize, she would have been able to forgive Matt. Matt was only seventeen when he had to give up life as a normal teenage boy to be a guardian to his younger sisters.Not only did he have school to worry about but also the well being of his siblings and financial stability. For a moment Kate is almost able to empathize with Matt on why he became close with Marie. She excuses Matt because â€Å"he was eighteen, and when he put his arms around her h e would have felt how soft she was† (p. 248). But she quickly refuses to accept what Matt had done, unable to completely understand why he threw away what meant so much to him. Kate feels as though Matt is still grieving over his loss of opportunity when in reality he moved on. If Kate could only see things through Matt’s eyes she would know.Her incapability of letting go obstructs her empathy skills and vice versa. Kate’s inability to empathize stems from the fear of being left disappointed. After the incident with Matt she doesn’t allow herself to become close. Empathizing requires openness, expression and a certain degree of intimacy, all of which are foreign to Kate. Although Kate is incapable of empathy, that doesn’t mean she doesn’t have room to grow. Lawson leaves the ending quite open but hints at Kate’s readiness to finally let go. Works Cited Lawson, Mary. Crow Lake. Toronto: Vintage Canada, 2002.

Gay Couples Should Not Be Allowed to Adopt Children Essay

Look mom! They are holding each other. the boy shouted. The mother looked back and saw two men were holding their hands. This scene has found more and more in the present of the social since the same-sex relationship has become more popular, for it has currently granted in some states such as Connecticut, Iowa, and Massachusetts. While many people think the gay couple desert legal right to have their own life, for they are just as human as others. Although many people are fighting for same sex couples adopting, I believe the gay couples should not be allowed to adopt children since it brings to many effects such as emotion, sex education, and the nature. First of all, the negative effects of children have raised under homosexual†¦show more content†¦Opponent same-sex said that children can get enough supports from parents as long as the parents responsible, and this is nothing to do with sex. Many people support this ideology; however, there are some gaps which gay couple s cannot fill up. Being raised under same-sex parents couples could not provide enough life experience about other genders for children. Men and women have different brains, personalities, and talents; therefore, they have the different ways to respond to the same problems. An illustrated example is how Charlies parents deal with Charlies situation in the novel Flower for Algernon by Daniel Keyes. In the novel, Charlie, the main character, is a retarded person, and Charlies mother wanted to bring Charlie to the hospital to get treated with Charlies retarded illness while his father chose to live with it. Both genders have two methods to get rids of the problem. So, lived with same-sex parents is the disadvantage in life experience for children because the parents are lack of other gender skills. They will not be able to support their children sex education and experiences compare to the opposite sex parents. Finally, allowing gay couples adopt children against the nature. Although people think that approved same-sex couples adopt children can share nation cost on children fund. However, when theShow MoreRelatedArgumentative Essay About Gay Adoption1295 Words   |  6 PagesCorri Fairfull Discursive Essay-Gay Adoption Gay adoption is a subject which is widely debated. However over recent years gay adoption has allowed for most gay couples who want to adopt young children and give them a good quality of life, which they would have if they lived with their biological parents or a heterosexual couple, to do so. One positive view of gay adoption is that it gives the gay couple the chance to start their own family and give a child in care a new start to life in a lovingRead MoreGay Adoption Should Be Legal1355 Words   |  6 Pagesare no unwanted children just unfound families† (National Adoption Center.). Families together are one not anything different from every other family. No matter race, color, or the type of family. Adoption is just a way for anybody who wants to create a family would be able to have the access to have a family of their own. Even to the families who are not able to have a child or does not have a partner to have a child. The National Adoption Center allows the families in need to adopt a child in needRead MoreShould Homosexuals Be Allowed? Adopt?1512 Words   |  7 PagesDocumented Research Paper 18 November 2014 Should Homosexuals be allowed to Adopt Did you know that Florida absolutely bans homosexuals to adopt children? 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Maybe evenRead M oreAdoption by Gay Couples Should Be Legal in All 50 States Essay example1161 Words   |  5 Pagesso to speak, ready to start having families and feeling a desire to adopt. However, only 15 states allow gay couples to adopt. Persons of the same sex are just as capable of nurturing, loving and supporting adopted children as a straight couple. Over the last year, researchers in Australia found that having gay or lesbian parents does not affect a child’s education, social development or emotional health. Evidence shows that gay men and lesbians make just as good parents †¦Ã¢â‚¬  The fact that the parentsRead MoreShould Same Sex Couples Be Allowed to Adopt?954 Words   |  4 Pages2/8/13 Should Same-Sex Couples Be Allowed To Adopt? As time progresses societies view on certain subjects has become more lenient. One thing that still can cause an uproar seems to be what women decide to do with their children once they become pregnant, whether it be abortion or adoption. Even more controversial on the latter subject seems to be who can and cannot adopt children who are being put up for adoption. This leads to the topic of the argument, should same sex couples be allowed to adoptRead MoreGay Marriage: What Ever Happened To Equal Rights Essay example621 Words   |  3 Pagessupport for gay marriage. On May 9,2012 President Obama believed that same sex couples should have the opportunity for marriage. Obama repealed the Defense of Marriage Act which stopped defending the DOMA, the federal law that defines marriage as a man and a woman. I strongly encourage that gay marriage should be allowed because same-sex couples deserve to have access to the same benefits enjoyed by heterosexual couples, gay marriage would make i t easier for same sex couples to adopt children, and theRead MoreEssay on Gay Adoption 1060 Words   |  5 Pagesso just imagine how many of those children could be adopted if more lesbian and gay couples were able to adopt. 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According to â€Å"Supreme Court StrikeRead MoreGay Parenting Essay939 Words   |  4 Pageshomosexual marriage is not allowed in some states, the anatomy of the person, whether male or female, hardly allows them to reproduce without sperm or ovaries. Since gays are not capable of reproducing, then adoption is their next option or sperm donors. The big controversy is whether or not homosexuals should be allowed to adopt children or whether the â€Å"step-parent,† which is actually the co-partner, can adopt the birth mother’s child. Adoption is another route for the children who were abandoned, were