International Trade Economic Activity Of Nations

International trade is important to the overall economic activity of nations, including the growth and domestics’ production. According to the United Nations Conference on Trade and Development (UNCTAD) and WTO, international trade has grown remarkably in recent decades as shown in figure 1 and 2. It can be seen that the growth of trade has led into the rapid economic growth in some countries. The reasons of rapid growth in world trade is due to the reduction of trade barriers at global and regional level. The country also can gain from trade for some reasons. Firstly, trading leads the country to produce and consume at prices which differ from those international market does, so if the price in international market is more expensive,†¦show more content†¦He argued that trade can be beneficial because each country has a differentiation about the cost of producing different goods. Smith determined that the dissimilarities of the cost of producing caused by the differences in efficiencies of labor in each country. Smith emphasized that the theory of labor efficiencies lead into the absolute advantage of producing some goods. He argued that each country will have gain if only they exchange its products which have an absolute advantage comparing with other countries. However, his theory seems not very deep (Södersten and Reed, 1994). Then, Ricardo was the person who completed Smith’s theory by proposing the theory of comparative advantage. Ricardo argues that Smith’s theory is not suitable for a country which is more productive than other countries in all lines. Ricardo define that all countries have same opportunities to pursue a benefit from trade as long as the country is not equally less productive in all lines (Södersten and Reed, 1994). In Ricardo’s model, a country has a comparative advantage in producing a good if the opportunity cost of producing the good is lower at home than in host country, but to know the country has a comparative advantage in one good, there must be at least two countries and two goods (Södersten and Reed, 1994). But, there are some criticisms on the theory of comparative advantage. Firstly, this

Curious Incident Essay - 733 Words

Despite Christophers difficulties it is his parents actions we cannot accept Do you agree? In the text The Curious Incident of the Dog in the Night-Time, Christopher Boone suffers from Aspergers syndrome, a mild form of autism (QUOTE). This means he can be sometimes a handful for his parents. It is because of his condition that his mother leaves and his relationship with his father breaks down. But its not just Christophers fault his parents are having a hard time. They them selves make some bad decisions that lead to each of them feeling frustrated and even forcing themselves to do some morally bad things (QUOTE). It is these things that Christopher parents do that we, the readers, cannot accept, despite Christophers†¦show more content†¦Of course she writes to him every week or so, but the journey between London and Swindon is relatively short, just writing to him and not travelling to see him shows that even through she does care, she still thinks that she isnt needed and Ed is managing just fine with Christopher. (QUOTE) Ed Boone is Christophers father, and is much less short tempered than his wife Judy Boone and is the parent who causes the most damage in the Boone family. For instance, when Judy leaves Ed and Christopher, to cover it up Ed tells Christopher that Judy died of a heart attack (QUOTE). This, when Christopher found out, had the biggest impact on him (QUOTE). Another action that Christophers dad made was to murder Wellington and thus break Christopher trust combined with lying to him about his mother. This caused Christopher to run away from his father because he couldnt trust him and go in search of his newly-discovered mother. It is these actions that we cannot accept, Ed lying to Christopher about his dead mother and Ed hiding all the letters Judy sent to Christopher. These actions are both morally wrong and just not right, as Christopher has a right to know if his mother is alive or not. Also hiding the letters, it would have been much easier for Ed to have just told Christop her his mum is alive and shown him the letters etc. Because then Christopher would of continued trusting him and there wouldnt of been the big break down near the end. InShow MoreRelatedThe Curious Incident Of The Dog807 Words   |  4 PagesNinth Grade High School Summer Reading Assignment The Curious Incident of the Dog in the Night-Time by Mark Haddon 1.) How do we form and shape our identities? We form and shape our identities by experiences, hurt, love, guilt and various other emotions as well as things we see others going through, all of these things whether they be good or bad help form and shape our identities. 2.) How do we define who we are? We define who we are by our hobbies, our interests, by our likes and dislikesRead MoreA Curious Incident Of The Dog1456 Words   |  6 PagesMark Haddon’s A Curious Incident of the Dog in the Night-Time, a mystery/bildungsroman novel, and Sophie Laguna’s The Eye of the Sheep, a family drama/bildungsroman novel, explore the way certain factors can affect an individual’s growth within a familial environment through similar themes exhibited in both novels. Haddon and Laguna show their main characters Christopher and Jimmy growing up within a dysfunctional family in 20th century Swindon and Melbourne, where each main character in their respectiveRead MoreThe Curious Incident Of The Dog1297 Words   |  6 Pagesclues are provided by the author and Christopher Boone, narrator of the novel The Curious Incident of the Dog in the Night-time, states, â€Å"If it is a good puzzle you can sometimes work out the answer before the end of the book† (5). In relation to this, the most valuable information is typically gained throughout the process of the investigation rather than the solution itself. Although the book The Curious Incident of the Dog in the Night-time is not classified as a detective story, the plot stillRead MoreThe Curious Incident Of The Dog1118 Words   |  5 PagesThe Curious Incident Of The Dog In The Night-Time The novel The Curious Incident Of The Dog In The Night-Time by Mark Haddon is about a boy named Christopher John Francis Boone. He struggles with a high functioning form of autism known as asperger s. Christopher excels in the subjects of math, geography, and in both reading and solving murder mysteries. The book begins with Christopher finding his neighbor s dog: Wellington, dead on their front lawn, with a garden fork in his stomach. ChristopherRead MoreThe Curious Incident Of The Dog1540 Words   |  7 PagesThe Curious Incident of the Dog in the Night-time, originally a novel written by Mark Maddon was created into a Tony Award winning play by Simon Stephens in 2015, and is a must see. This play revolves around a fifteen-year-old boy with Asperger’s syndrome, Christopher Boone, and begins with him trying to discover who killed the neighbors dog-Wellington. As the play progresses we soon find out that this is the least of his worries. This story is one of the first written from the perspective of a personRead MoreCurious Incident of the Dog965 Words   |  4 PagesIn the book the curious incident of the dog at night-time written by Mark Haddon, an important idea is the difficulty of diversity in society. Haddon communicated the idea through the book using the language features narrative point of view, Dialogue, and symbolism. Narrative point of view was used to show us Christopher’s perspective on how he views the world and society, and to get inside Christopher’s head to explain the fact he reacts a certain way, or believes in a certain philosophy like howRead MoreThe Curious Incident Of The Dog1021 Words   |  5 PagesThe Curious Incident of the Dog in the Night-time, written by Mark Haddon, is an insightful novel narrated by the protagonist of the story, Christopher Boone, a fifteen year old boy who is on the autism spectrum. Christopher’s condition effects his perception of events in a way that makes his viewpoint somewhat idiosyncratic, as reflected in his narration. Despite the vast differences in the perception of events in the story between the protagonist and the reader, the intellectual value of the storyRead MoreThe Curious Incident Of The Dog2017 Words   |  9 Pagesa unique and special relationship with their family and friends; what makes it our own is how we express our affection to one another, what experiences we share together, and how we feel when we’re around them. In both Mark Haddon’s novel The Curious Incident of the Dog in the Night-Time, and Wes Anderson’s film The Grand Budapest Hotel, character relationships are expressed through great extremities they go through for each other’s sake as well as loyalty to one another despite questionable circumstancesRead MoreThe Curious Incident Of The Dog1781 Words   |  8 PagesIntro: The Curious Incident of the Dog in the Night-Time by Mark Haddon sheds light on the concept of banning and censoring books. Ce nsorship is the large-scale effort to stop a book from being printed, while banning a book is the act of removing a book from a library shelf or curriculum. Issues such as censorship and banning have caused controversy because individuals are worried that censorship and the banning of books is a violation of the First Amendment of the Constitution, or our right to freedomRead MoreThe Curious Incident Of Christopher Boone880 Words   |  4 PagesChristopher Boone articulates The Curious Incident, however, this novel isn’t told by an average fifteen-year-old boy; Christopher has Asperger’s syndrome—this isn’t stated in the novel, but we can acquire this knowledge simply by reading Christopher’s words. People with Asperger’s tend to have difficulty with social interactions, and Christopher clearly displays this inability when trying to figure out the emotions on the paper that Siobhan draws for him (1), also when he states, â€Å" I find peop le

Mediquip “Science of Selling Is in the Process” Free Essays

It has oft been thought that the science of selling is in the process. This mantra is precisely what failed the protagonist of the Mediquip case. As with any scientific method, success revolves around a defined process that, when correctly executed, achieves an optimal result. We will write a custom essay sample on Mediquip: â€Å"Science of Selling Is in the Process† or any similar topic only for you Order Now Kurt Thaldorf failed to formulate and follow the correct selling process and resulted in a loss of sale. The following examines Kurt’s failure and attempts to identify changes in his processes that more likely than not, could have contributed to sale success. Sale Starts Before Ever Meeting the Customer Kurt failed to conduct the proper due diligence before he contacted Lohmann University Hospital. This was his first oversight. He received notice of the customer’s interest in his product and had adequate time to procure facts about the customer that would have confirmed the hierarchy within the hospital responsible for buying Mediquip’s CT scanner. Kurt was not overtly apathetic in his performance, though it did not appear that he was intrinsically motivated. He relied on the records of past sales to the customer, and when he found none, proceeded first to the employee at the hospital (Professor Steinborn) who had first inquired about his product, without ever confirming the employee’s role in the decision-making process. Kurt failed to identify all members of the DMU either before, or during, his first interview. A result of Kurt’s oversight, communication within the customer organization was inaccurate and created a power struggle between the three parties responsible for making the purchase decision. Kurt’s failure to engage and analyze the true DMU resulted in his reliance on secondary information gleaned from interaction with secretaries (gatekeepers) – which likely was neither accurate, nor trustworthy and his own assumptions. This was evidenced in his records, when he left meetings believing he had made a positive impact on the DMU, without any clear evidence of positive persuasion. The Prescription Phase Kurt failed to identify the latent needs of the customer, the DMU’s true motivations, or the benefits in buying a CT scanner from Mediquip beyond those offered by its competitors. This lapse led to a failure in identifying the features, advantages and benefits of the Mediquip scanner with respect to each DMU member’s needs during the prescription phase of the sale, and ultimately resulted in conflicts within the buying unit. Kurt was responsible for communicating with three members of the DMU – the professor (initiator end user), the physicist (influencer end user), and the hospital administrator (buyer) – with whom he was deficient in identifying the specific goals of each member. As a result, Kurt offered multiple price reductions in an attempt to satisfy the administrator’s needs, but failed to identify the administrator’s latent need to feel like he was getting the best deal. By offering multiple price reductions he devalued the technical superiority of his product and made the administrator feel as though he may be getting swindled. Kurt should have identified the administrator’s concern for pricing and need to feel as though he was getting the best value for his dollar. He should have identified the benefits of Mediquip, in an apples- to- apples comparison to its competitors, showing the long term cost savings associated with the purchase through ease of upgrades and increased processing speed. Once all beneficial characteristics of the Mediquip CT were identified, only then offered the best price possible. Finally, during the prescription phase, Kurt would have benefited had he met with all members of the DMU. Because he overlooked the need to identify each DMU member’s concerns, he failed to bring them together to facilitate a consensus of Mediquip’s advantages. Kurt could have served as a mediator helping to solve political conflicts within the DMU and thereby creating additional value for his customers. Closing the Sale At the point where Kurt could have invoked open dialogue between the three DMU members, he would have availed himself of the SPIN technique. He could have identified the situation – a need for a new CT scanner. He could have asked open-ended questions, engaging the DMU, and simultaneously identified their concerns and needs. He could have addressed the problem – not merely the idea of not purchasing a CT scanner, but of purchasing an out-of-date model, a discount product, or the benefits of the higher-priced premium Mediquip scanner. Kurt missed the opportunity to identify the implications of not fulfilling their need. He could have questioned the administrator of the potential loss of patients, or lack of reimbursement from insurance companies who would not compensate for a machine that is not as accurate as the Mediquip standard. Lastly, Kurt could have proposed a solution to the customer hospital’s concerns by suggesting Mediquip held the answer. Kurt was deficient in formulating and implementing his sales process. He failed in due diligence, prior to meeting with the client, during the prescriptive phase, and ultimately when he overlooked the importance of meeting with the DMU, as a group. He was unsuccessful in building up the value side of the cost equation, as it related to each member of the DMU, and continually chose to focus on cost reduction strategies rather than emphasizing the value of Mediquip’s CT machine. Kurt’s failure to follow the sales process cost Mediquip a new customer, a future potential business partnership and ultimately the sale of a multi-million dollar machine. How to cite Mediquip: â€Å"Science of Selling Is in the Process†, Papers