Surname: Salmon First name: Tati Student number : 12421179 Does the idea of comparative advantage provide a good explanation of current patterns of international trade? For the last two centuries the international trade evolved a lot and many economists tried to explain it. One of the first theories that attempted to explain the international trade pattern was the Absolute advantage theory. A.Smith was a great economist; he is the one who created this theory. For A. Smith countries should specialize
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Theory of Comparative Advantage Historically‚ nations have been trading with each other for hundreds of years for profit or because they do not have enough resources (land‚ labor and capital) to satisfy all the needs of consumers. For example‚ Japan has a highly skilled labor force that use technologically advanced equipment to produce cars and electrical equipment; however it does not have its own oil fields. Saudi Arabia has large supplies of oil‚ but lacks the built capital to produce cars
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taking it into consideration what might seem as corruptive to some might not be to others. Sometimes deviance and abnormalities do not coordinate. “Some forms of deviance are not violations of the criminal laws‚ and the reverse is equally true.” (Criminology Today‚ Page‚ 5) Although‚ here in the United States of America the legal age for consuming alcoholic beverages would be 21‚ in places like Europe‚ and South America it is legal to drink at 18. This of course‚ would be seen in America as wrongful
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Choice theory was born out of the perspective of crime causation which states that criminality is the result of conscious choice. This theory is also known as the rational choice theory. According to this theory‚ the choice whether or not to commit a criminal act is the result of a rational thought process that weighs the risks of paying the costs of committing a crime‚ against the benefits obtained. In other words‚ if the benefits--monetary or otherwise--outweigh the risks of sustaining the costs
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The Chicago School of Criminology focused on the environment of the person‚ rather than focusing on the person’s rational capability or physical attributes. The Chicago School took an approach at identifying criminality as something that is somehow created by the ecology of the physical settings that a person finds himself growing up within. Two notable figures of the Chicago School were Clifford Shaw‚ and Henry McKay. Both of these scholars had grown up in rural settings‚ only to then relocated
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for ages. What is criminology and criminal justice? What are the differences‚ if any‚ are there in these two subjects of crime and its causes. According to the Legal dictionary‚ criminology is defined as (2008) “the scientific study of the causation‚ correction‚ and prevention of crime”. It’s the scientific approach of study criminal behavior. This definition is explained in more detail by preeminent criminologist Edwin Sutherland and Donald Cressey. They state‚ “Criminology is the body of knowledge
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Criminology has been Gender-blind’ rather than Gender neutral’. Discuss It has been argued that the gaze of criminology has been primarily focused on male offenders‚ Cain (1989) argues that criminology is in fact incapable of speaking in gender neutral terms (cited in Walklate 2001: 19). A reason for this includes that history has been prepared to offer universal explanations of crime achieved by the study of the male offender. Feminists such as (Naffine 1997: 18) believe that criminology has
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This chapter was an overall background of to the rest of the book and it gave you just a quick peek into what is criminology‚ how did it become‚ what exactly do criminologists do and why they do it. There were so many different aspects into the history or criminologists and crime that you could easily get lost. The authors wanted to make sure you were able to tie the history of how theories came about to some of the actual things we face in today’s crimes. As you know history is from the start of
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Absolute Advantage and Comparative Advantage According to the classic model of international trade introduced by David Ricardo (19th-century English economist) to explain the pattern and the gains from trade in terms of comparative advantage‚ it assumes a perfect competition and a single factor of production‚ labor‚ with constant requirements of labor per unit of output that differ across countries. The basis for trade in the Ricardian model is the differences in technology between countries. As
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with the crime. Gathering statistics to study any patterns and trends in the behaviors of criminals. After studying and carefully examining the data collected the criminologist develop theories to help other professionals understand the criminology world. Criminology develop theories with in law enforcement tactics‚ forensics‚ juvenile delinquency‚ substance abuse and law reform. Working from a statistical and analytical standpoint to conduct the research to show the nature of crimes and research
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