A Broken Latin America Latin America is a curious case in the political world; with ever changing governments‚ one of the highest regional poverty rates and a corrupt federal system that is tied into the narcotics industry. Why is this region so politically unstable‚ and is it getting better or worse? This question can easily be answered when the political history of Latin America is examined. Latin America is a region birthed through war and revolution‚ as well as hundreds of years of colonization
Premium United States Sovereign state Latin America
the short run. D) Firms in the industry serve customers that can easily switch between firms as they search for the best price. ___ 13. Gary’s Gas and Frank’s Fuel are the only two providers of gasoline in Smalltown. Gary and Frank decide to form a cartel to raise the price of gasoline. The total industry profits are highest when ________ and Gary’s profits are highest when ________. A) neither firm cheats on the agreement; neither firm cheats on the agreement B) neither firm cheats on the agreement;
Premium Economics Monopoly Perfect competition
Some atrocities that have taken place involvesuspects that were alleged to have been members of the ultra-violent drug gang. “Time” magazine says the Zetas are mutinous Mexican army troops who graduated from School of the Americas. Hired by the cartels‚ they are directly responsible for an astounding rise in brutal‚ grisly killings‚ including many of the murders of women in Juarez. The street gangs also include Mara Salvatrucha from El Salvador and Calle18 gangs from Guatemala. One local newspaper
Premium Mexican Drug War
in particular DeBeers’ involvement in shaping the structure of markets and firm conduct within the industry. The paper will examine the influence of DeBeers’ cartel by initially looking at market conditions when DeBeers were operating their cartel‚ then by way of comparison‚ examining the evolvement of the market once the DeBeers cartel was ended‚ effectively opening up the market for the first time. The diamond industry currently produces US$13 billion worth of rough diamonds each year‚
Premium Diamond
1. Which of the following would most likely cause equilibrium quantity and price of x to rise? (a) a fall in income when the income elasticity of demand for x is positive Wrong. This will cause a drop in demand and thus a fall in quantity. (b) a fall in the price of complementary product y Correct. A fall in a complementary product will cause a rise in demand for that product “y” and thus a rise in demand of product “x” (see graph). (c) a fall in the price of substitute product Z Wrong
Premium Supply and demand Economics Price point
the U.S The war on drugs shall continue in order to reduce drug flow and capture leaders of powerful DTO’s in Mexico and neighboring countries. Mexican drug cartels smuggle in most of the drugs that enter the U.S (Constantine 86) Mexican cartels have become as large and powerful as the Colombia cartels such as the Cali‚ and Medellin cartels.
Premium Illegal drug trade Mexican Drug War Gang
The issue of Slavery‚ though believed by some to be no longer evident‚ is still‚ unfortunately‚ a huge industry throughout the entire world. A few include‚ sweatshops‚ sex trades‚ and even drug cartels. All these plague society‚ of the‚ “modern world.” Even though‚ many years ago‚ we claimed to have‚ “abolished‚” slavery‚ the true reality‚ is that we only ended it in one aspect‚ in one place. We don’t truly look at what still exists. We turn our back to the real issues‚ to simply pretend that they
Premium Slavery Slavery in the United States American Civil War
because Carlos Lehder‚ pioneer of cocaine traffic‚ knew him. He used techniques that had never been used before. He was part of Medellìn cartel; the richest cartel in the 70’s and 80’s who had a company-like organization. However‚ because of being too ambitious‚ he attracted problems towards him and that marked the end of his drug empire. It is estimated that his cartel wealth was over $28 billion. Today‚ drugs are everywhere‚ and not everybody knows that there is a huge organization behind it. Most of
Premium Illegal drug trade Drug addiction United States
Tian Period 2 War in the Cities Recently‚ Mexico has been facing a horrendous civil war. This internal conflict is coming from the country’s powerful drug leaders. This epic drug war was been taking place ever since these “cartels” relocated from the South American nation of Columbia to Mexico in the mid 1980s. since then ‚ this bloody conflict has arose several issues in Mexico. Mexico’s new president‚ Felipe Calderon‚ just recently launched an all out military campaign
Premium Mexican Drug War Illegal drug trade Mexico
THE UTILITY CONCEPT THE term utility refers to satisfaction a consumer gets from whatever goods and services he consumes. It will be useful to discuss between two utility concepts: (i) total utility (ii) marginal utility Total utility attained from a commodity refers to the sum total of satisfaction which a consumer receives by consuming the various units of the commodity. The more units he consumes‚ the greater will be his total satisfaction upto a certain point. As he keeps on
Premium Supply and demand Monopoly