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Communism collapsed and the socialist ideal is very weak within the globalized world. The majority of policymakers consider trade as the main way through which economies can achieve growth. The idea of free trade is therefore supported by institutions such as the International Monetary Fund, World Bank, and World Trade Organisation (Stern, 2007).
Inter country trade relations are activities which are aimed at enhancing trading activities between the countries. Good trade relations ensure that a country is able to export its products which it has produced in surplus and import products which it does not have. This ensures that there is a continuous economic development in the trading countries.
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The World Bank reports indicate that income inequality across the world continues to increase with each passing day (Stein 2010, p.9). The current crisis affecting the world financially only makes the situation gloomier. The people who bear the cost of this inequality are the poor and they are unlikely to have benefited to any significant measure.
This organization aims to advocate for fair trade mostly from the world trade organization. The global justice movement came to be strengthened before World War II a time when America was facing tough economic times. It is during these times that America experienced the highest number of industrial strikes (Oberschall, 1973).
The Middle East region is characterized by nations that heavily rely on producing and exporting oil hence this has made the region to become economically important. According to Carkoglu, Eder, and Kirisci (1998, P. 30), the region is also characterized by a lack of viable security and this has made the region lag economically.
According to Osman (2008, p. 38), the public policy-making process is a technical and complex interaction process for the government and it is influenced by the diverse nature of social, political, and other environmental forces. These forces are the ones that form the policy framework and thus influence the impact and outcome of the policies.
This relationship has not been a smooth one but has strengthened over the years. Unbroken and successful treaties have been the norm of their relationship since Indonesia’s independence in 1949. The two countries have had a mutually favorable relationship. Indonesia as a developing country was said to be the more significant beneficiary.
Secession is the act of withdrawing from a union, organization, or political entity. Numerous factors are associated with secession which can be based either on choice theory or on just cause theory. Choice theory is based on the assumption of the generalized right of secession while just cause theory is premised on rectifying grave injustices.
They are equally faced with various challenges including the changing economy as well as the political landscape which brings colliding national interests. The economic issues regarding China and the US are very complex. In addition, security issues are a major issue that complicates financial relations between China, Australia, and America.
China has succeeded in transforming itself from one of the least developed countries in the world to the second-largest economy within three decades. Crowing at a mean of attractive 9.6% per annum since the commencement of market-oriented reforms in 1979 which changed the hitherto centrally planned economy, China has doubled its GDP.
Barcelona found it critical to regenerate its old industrial spaces and deprived districts to look attractive for the Olympic Games and attract tourists to its many sites. The infrastructure projects started during the 1992 Olympic Games and started a process of tourism-based urban regeneration that has continued in Barcelona to the present day.
In the modern cut-throat market economy, there is a need to maintain a high level of operational sustainability to ensure a smooth transition of goods and services. There is, therefore, a need to identify the factors that could disrupt the continued operation of a facility and measures to be taken to mitigate these factors.
The paper "Divergent Aspects That Contribute to the Problematic Construction of Economic Reality" is an outstanding example of a macro & microeconomics coursework. The very essential premise of financial reporting is to offer an unbiased, complete and informative view of a business’ financial performance; with respect to a well-defined set of standards consistently used across various companies.
The paper "The World Has Witnessed Financial Institutions Casualties" is an engrossing example of coursework on macro and microeconomics. The global economic crisis, brewing for a while, started to show off its effects in the middle of 2007 and into 2008. Around the world, stock markets fell, large financial institutions collapsed or were bought out.
The paper "Carbon Pricing Policy in Australia" is an inspiring example of coursework on macro and microeconomics. Carbon has adverse effects on the environment. It reduces the amount of oxygen in the atmosphere. This creates a situation where it is very impossible for all living things to thrive in such an environment. The effects of carbon in the atmosphere are many.
The paper "The Evaluation of the Australian Currency" is an engrossing example of coursework on macro and microeconomics. In October 2010 the Australian dollar broke its parity with the United States dollar for the first time. Arguments have continued to stream into the public circles and the media on whether it is beneficial or not beneficial for the AUS dollar to fall or rise in its value.
The paper "Greece Financial Crisis and Its Effect on the Global Economy" is a worthy example of coursework on macro and microeconomics. Greece stands as one of the European countries hard hit by the 2007-08 global financial crises. The chief cause of the global financial crisis was the subprime mortgage crisis that started in the US and afterward stretched to the other parts of the world.
The paper "Taxation of Corporate Finance in Australia" is a good example of coursework on macro and microeconomics. The approach that was used by Henry Tax Review was to move to four tax bases that are robust as opposed to several taxes including comprehensive personal income, business income, simple private consumption tax, and taxation of economic rents from land and natural resources.
Accounting is an essential element of any business activity, which allows firms to measure their profits and costs. Firms have to be especially careful with correct calculation and estimation of their costs, accountants may use different methodologies and approaches. One of such methodologies is cost accounting.
The United States could benefit from the socialist approach. The country has experienced the negative consequences of the capitalist economic system. The system has strengthened the economy. The United States of America can either choose to adopt the socialist approach or combine the capitalist with the socialist in the model of China.
Since immemorial, powerful nations such as the United States of America, German, Britain, and France have faced this challenge, after losing a famous financier or engaging in lengthy warfare that drained their key financial bases. In the contemporary world, the menace is quite common and manifests itself in different ways that affect varied aspects of the economy.
China’s economic exposure is relatively moderate, as it has trade surpluses with Europe and United States, its largest trading partners. However, it operates a trade deficit with ASEAN countries, Brazil, South Korea, and Russia. Regardless, the country has an overall trade surplus of $49 in October 2016.
Movements in economic growth affect the business plan in various ways. It determines the output of the products as well as the pricing decisions. It also affects the cost of production because it determines the cost of labor and raw materials. Low economic growth hinders the buying power of the consumers and this affects the profitability of the business.
It is evident from an economic point of view that the consumption of goods and services is affected by various factors. The substitution effect indicates that the fall in the prices of the commodity leads to an increase in the income of the consumers. It is evident that an increase in the income of the consumers increases their purchasing powers.
Trevor Swan and Robert Solow developed the Solow growth model which is also referred to as a neoclassical theory. It is a model of capital growth in an economy with pure production, meaning prices are excluded, and production equals real income. It assumes a closed economy where every individual’s labor input and ideas are constant in the economy (Hoeffler, 2002).
Perfect case studies can be drawn from America and China, whose trade relationship has worked in their favor. The standards of living have improved in the two countries as well as their economies. Employment has stabilized and with the elimination of barriers in the business environment, the ease of doing business has improved tremendously.
Having an investment in bonds ensures that the investor gets a return from three different sources. The first is from the issuer payments of coupons. The second is from the capital gain after the bond matures and is sold. The profits of the investor are the difference between the buying price and the selling price.
The energy sector is responsible for the general welfare and health of US citizens. According to Presidential Policy Directive number 21, the energy department has been outlined to be the provider of the ‘enabling function’ of all important infrastructures driving the United States economy.
Some of the positive effects of globalization are that globalization has led to rapid economic growth, industrialization, the development of transport infrastructure and an increase in employment opportunities. Some of the negative effects associated with globalization in China include population increase, degradation and economic inequalities.
The paper 'The Process of the Globalization of Financial Markets' is a great example of a micro and macroeconomics coursework. Over the last few decades, cross-border financial transactions have increased tremendously due to the rising trend of globalization. Many banks and financial institutions have expanded their operations globally.
The paper “Feasibility of Sharing Business Model for the Clients of Greenville Small Business Development Center ” is an excellent example of macro & microeconomics coursework. Sharing economy is relatively a very new and unique concept that has gained huge attention from individuals and business entities around the world.
The paper "What are the Impacts of the New Anti-Corruption Campaign on China?" is an engrossing example of coursework on macro and microeconomics. Corruption is very rampant in china and the practice has been propagated mostly by traditions and the Confucius form of government that is witnessed in China.
The paper "Effects of Marriage, Divorce and Child Custody on Utility Changes" is a great example of macro & microeconomics coursework. It is critical to ask why people get married. People get married mainly for love, sex, money, and children. These are also the same reasons why people get divorced.
The paper "Arguments for and against Tobin Tax" is an outstanding example of a macro & microeconomics coursework. Professor James Tobin a lecturer at the University of Princeton and one of the US Nobel Prize winner in economics in 1972, made the first proposal for tax transactions that involved the conversion of one currency to another.
The paper “Market Structure of the Low-Calorie Food” is a meaty example of a macro & microeconomics coursework. From Assignment one, Demand equation, QD = -2,000 - 100P + 15A + 25PX + 10I, (5,234) (2.29) (525) (1.75) (1.5), R2 = 0.85 n = 120 F = 35.25
The paper "Federal Budgeting System of Australia" is a perfect example of a macro & microeconomics case study. This paper examines the critical elements of macroeconomics and how it affects and is affected by the federal budgeting system of Australia. It begins by identifying the role of federal budgets in influencing inflation and unemployment.
The paper "Walmart Merger" is a perfect example of a macro & microeconomics case study. For a couple of decades now, Wal-Mart has been characterized as being the leader, the dominant firm and the Big One Retail Company, all relatively smaller firms look up to. The main reasons behind this are multifarious, with the consumers benefitting the most among them.
The paper "In-Depth Analysis of the Current USA Economic Situation " is a perfect example of a macro & microeconomics case study. The proper functioning of the economy of a country is vital for achieving the long-term goals and objectives of its population. The main areas of consideration in the economy include labor, capital, natural resources.
The paper "Macroeconomics: Research In Motion" is a perfect example of a case study on macro and microeconomics. In Motion (RIM) is a company whose headquarters are in Canadian. It was founded in 1984. It is primarily known as the maker and provider of Blackberry devices and wireless services (RIM, 2012). The company was listed in 1997 on the Toronto Stock Exchange.
The paper “European Union Ensuring There Is Competition within the Trading Bloc” is a worthy example of a macro & microeconomics case study. Over the years, the European Union has successfully controlled trade dominance through its competition policies, rules, and regulations. Competition in an economy supports economic growth through the incentive to enhance productivity.
The paper "Economics of the President 2013" is a perfect example of a macro & microeconomics case study. This Presidential Economic Report describes the progress made after coming from one of the worst economic crisis. As a nation, Americans can now afford to buy cars more than they have in 5 years and rely on less foreign oil than it has for over 20 years.
The paper "Trade Relationships between the USA and Netherlands " is a perfect example of a macro & microeconomics case study. The Netherlands is a parliamentary democratic system with a legal dominion. The head of the state is King Willem-Alexander who was indicted as the dominion after his mother, Queen Beatrix, was abdicated on 30 April 2013.
The paper "The Greek Economy after the Crisis: Challenges and Responses" is a great example of a case study on macro and microeconomics. Greece is a member of the European Union. The country has been under pressure due to its debt crisis that prompted the EU to put forth stringent measures to help it recover from the crisis (Petrakis, 2011; p. 97).
The paper "What Is Peak Oil and What Are Its Implications for the Main Transport Modes " is a perfect example of a macro & microeconomics case study. This paper aims to study the concept of Peak Oil which is gaining much recognition in the contemporary world. Its implications in terms of transport modes including cars, trucks, trains, ships and aircraft will be discussed.
The paper "Japan Macro and Micro Economics" is a perfect example of a macro & microeconomics case study. Japan economy is ranked as the third-largest in the world in terms of gross domestic product (GDP) and is known as the most developed countries with a lot of innovations. Japan is known as the third-largest manufacturer of automobile and electronic goods.
The paper "The Political Economy of Oil in the Middle East" is a perfect example of a case study on macro and microeconomics. The Middle East is the geographic midpoint of attractiveness for the world’s oil industry. Oil is of fundamental significance in both the international and domestic politics of almost every nation in the region. This includes both the oil importers and exporters.
The paper "The USA Economy and Economy of the Republic of Ireland" is a perfect example of a macro & microeconomics case study. The need to understand to have a better understanding of the state of the country’s economy in the whole call for comparison to other recognized economies in the world. In this case, the USA economy is one of the best models for comparison to the Republic of Ireland.
The paper "Keynes and the Principles of Effective Demand" is a great example of a case study on macro and microeconomics. It is well realized that the advanced consumption hypothesis starts with Keynes's (1973) dissection of consumption conduct in The General Theory. Keynes brought up that the sum a group uses on consumption depends mostly on the measure of its income. (Garcı´a-Lizana & Perez-Moreno)
The paper "Decline in the Value of Currency and Trade Balance" is a perfect example of a macro & microeconomics case study. The key objective of microeconomics is the economy and price stability. The world price in this case is used inclusively in reference to all prices including prices of finished products, the price of production factors, capital market share prices, and the price for a country’s currency.
The paper "Analysis of Importance of Lebanon to the Qatar Airways Future Prospects" is a perfect example of a macro & microeconomics case study. The paper examines important economic indicators of Qatar to evaluate the prospects for Qatar Airways Company, which began operations in the country.