Analysis of The World that Trade Created by Kenneth Pomeranz and Steven Topic - Book Report/Review Example

Summary
The author of the paper analyzes the book "The World that Trade Created" in which the authors Kenneth Pomeranz and Steven Topic present a compelling account of the expansion of the world trade and financial system and provide valuable information regarding the role of trade markets…
Download full paper
File format: .doc, available for editing
GRAB THE BEST PAPER95.4% of users find it useful
Analysis of The World that Trade Created by Kenneth Pomeranz and Steven Topic
Preview

Extract of sample Analysis of The World that Trade Created by Kenneth Pomeranz and Steven Topic

Download file to see previous pages The book reads like a fiction, the chapters are in chronological order and the book is divided into small articles that focus mainly "on the nature of the world economy and the forces that shape it." The chapters are simple and easy to understand. The stories in The World that Trade Created were first published in the column "Looking Back" that were compiled by "Will Swaim", but later they were brought together and arranged in the form of a book by Pomeranz and Topic.
The book begins by highlighting the early modern markets and how they functioned, moreover, it examines the significance of drugs for example "coffee, tobacco and opium" on the trade market and how transportation played a vital role in further developing and enhancing business growth and commerce to far-away markets.
The essays provide valuable information regarding the role of trade markets of places like Asia, America, Europe, Africa and Aztec, and the different products named, sugar, coffee, potato, corn, and silver, rubber and many raw materials that became useful commodities for the businessmen.
The themes of the book are intriguing and evoke a favorable response from the reader, for instance, the description of the origin of coffee, the association between drug market and tea and the slave trade etc is worth reading. Furthermore, there are thousands of useful and inspirational quotes throughout the book.
In the first few chapters, the author talks about the Aztec Indians who were known for the trading of the products like, "rubber, chocolate, Jaguarian Pelts. The authors successfully describe "globalization" in detail and their efforts are highly appreciable.
Pomeranz and Topic have energetically and sincerely valued the works of many writers like Adan Smith, David Ricardo, Malthus and others without any prejudice, they have also criticized the Americans for being "Eurocentric" and bias, he warns them to overcome their shortcomings before it is too late. ...Download file to see next pagesRead more
HAVE A CHALLENGING ESSAY AND A TOUGH DEADLINE?
StudentShare Professional Writing Service is the right decision for you! Only from $14,99/page for a 100% unique and relevant paper. Enter your email, choose essay type and get your personal 20% discount
on on expert writing!
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Analysis of The World that Trade Created by Kenneth Pomeranz and Book Report/Review”, n.d.)
Analysis of The World that Trade Created by Kenneth Pomeranz and Book Report/Review. Retrieved from https://studentshare.org/literature/1530814-the-world-that-trade-created
(Analysis of The World That Trade Created by Kenneth Pomeranz and Book Report/Review)
Analysis of The World That Trade Created by Kenneth Pomeranz and Book Report/Review. https://studentshare.org/literature/1530814-the-world-that-trade-created.
“Analysis of The World That Trade Created by Kenneth Pomeranz and Book Report/Review”, n.d. https://studentshare.org/literature/1530814-the-world-that-trade-created.
  • Cited: 0 times
Click to create a comment or rate a document
WITH THIS DOCUMENT STUDENTS HAVE ALSO DOWNLOADED:

MORE SAMPLES OF TOPIC: "Analysis of The World that Trade Created by Kenneth Pomeranz and Steven Topic"

World Trade Organisation

...protectionist measure. These measures are a clear indication that World Trade Organisation is based on mercantilist principles and is not aimed at bringing unity among member countries by encouraging free trade. The organisation has principles governing its activities like the non discrimination principle, the reciprocity principle and the transparency principles but it rarely uses them. World Trade Organisation Mercantilism is termed as an economic assumption that makes a country prosper. It mostly depends on the capital supply and the volume resulting from international trade. Capital in this theory is represented by silver, gold...
12 Pages(3000 words)Essay
Read More…

International Trade - World Trade

...International Trade As reported by the World Trade Organisation in 2005, world trade in merchandise grew at an average of 7 percent per year between 1955 and 2004. Identify and critically discuss four factors that may have contributed to this over this period. 30% (600 WORDS) Much have been written about the factors contributing to the marked growth of trade between the years 1955 and 2004. Several factors have been mentioned and speculated to have contributed to such growth. However, I personally believe that the four factors that may have contributed to the growth in merchandise in world trade...
8 Pages(2000 words)Essay
Read More…

World trade and money

...139823 ‘Discuss whether protectionism can be justified, by evaluating the economic effects of selected protectionist instruments on any country ofyour choice. Further consider the impact of exchange rate fluctuations in China, on the world economy.’ Whilst the essay question is divided into two parts, you are strongly encouraged to make a link between trade and exchange rate fluctuations, in order to construct your assignment into one coherent essay. Protectionism in economic terms at least has often received a bad press especially by those economists that have regarded it as being highly damaging and detrimental to world trade. The criticism of economists however...
13 Pages(3250 words)Essay
Read More…

The World Trade Organization

...The World Trade Organization WTO has played a key role in enhancing international trade. However, it is evident that a section of member states have failed to have consensus on several issues in some instances. This paper will give an account to this fact and give the rationale for WTO as an efficient and effective system to mange global trade. Introduction Doha development agenda were launched in 2001 and expected to be completed in 2005. However, this was not realized despite efforts to gather urgent dignitaries (Jones, 2010). Although the G20 endorsed the goal of concluding the talks in 2009, there was no sufficient progress. What went wrong? There were a number of...
1 Pages(250 words)Essay
Read More…

WTO (world trade organization)

...World trade organization Various organizations occur in the world. The organizations have been formed to address issues and challenges that face the world. As a result, they resolve issues that affect the world as a single entity. One of the such organizations is the World Trade Organization (WTO). The organization has managed to manage various issues of its members from various parts of the world. In order to understand WTO, it is good to highlight the history of the organization, functions, and how it helps today as well as what it stands for. There was a rigorous process before formation of WTO....
2 Pages(500 words)Research Paper
Read More…

Research topic sex trade

...that the latter has been existing for quite a long and the way it influenced the society can be traced in many different ways. Thus, one should point out that there is completely independent world of sex trade that operates within the framework of the contemporary society. What is even worse is that nowadays those who traditionally were not associated with the above mentioned problem become closely connected to it. For example, surprisingly enough, but women who are supposed to feel innate disgust towards sex trade are now becoming more and more involved in it as pimps (Gummow, 2013). This means that the society develops a different understanding of the problem and no longer finds it so...
6 Pages(1500 words)Research Paper
Read More…
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Book Report/Review on topic Analysis of The World that Trade Created by Kenneth Pomeranz and Steven Topic for FREE!

Contact Us