Maritime Trade‚ Global Economies‚ and the Megaports Initiative The purpose of this posting is two-fold. Part one is to describe the importance of maritime trade to global economies‚ and part two is to illustrate the importance of the Megaports Initiative to international trade. Part One: Obviously‚ global trade involves moving finished goods and heavy commodities over long distances. From both a tonnage perspective and value perspective‚ an overwhelming share of inter-hemispheric
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* The Effects of the Triangular Trade I. Africa: 1. Depopulation: A. Males 15-25‚ who were the creative‚ productive‚ inventive & skilled segment of the population‚ were taken. = Less protection B. This was the group most likely to have children C. Wars and raiding caused death D. Africans started to migrate from their homelands and move from the coast to the interior E. Caused cultural damage
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In the trade networks between Africa and Eurasia from circa 300 C.E. to 1450 C.E.‚ there were key continuities and changes. Although there was some continuity in Eurasian and African trade‚ it was mainly the key changes that led to advancements in technology‚ trade networks and involvement of other societies in trade. In 300 C.E.‚ there was limited trade between Africa and Eurasia. The dominant civilizations involved in trade were China Rome‚ and India. Shortly after the classical civilizations fell
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The Effect of Legalizing Prostitution on the Economy Our Nation has been under immense fire lately. This is mainly because Americas Government is over a trillion dollars in debt. We are in one of the worst recessions that America has ever been and in danger of creating a double dip recession. Jobs are nowhere in sight. People continue to get laid off and even worse people who have been laid off are losing their unemployment benefit. The unemployment rate is through the roof and nobody can find
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Running head: ASSIGNMENT 1 Assignment 1 - The Effect of Globalization on The Chinese Economy Pilar R. Reyes Dr. Z. Judith Mushipe EDL 805-304 – Strategic Management of Global Change Saint Thomas University February 24‚ 2013 Globalization has early roots when when humans first settled into different parts of the globe. Globalization‚ however‚ has shown a solid and quick progress in modern times and has become an international
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cause of the African slave trade in the 1451 - 1870 centuries was that Europe profited from the exploitation of the slave which were used as free labor in the Americas in order to produce cheap materials for manufacturing goods. Slavery was used by the Portuguese‚ the Spanish‚ and the English in the years 1451 through the year 1870. Slavery was used for many reasons but some of those reasons are racism‚ religion‚ save money. The slaves were people from africa that we brought to america
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is usually seen as having a positive effect on society‚ but in the long run it can have negative effects. Although some may believe differently‚ imperialism in Africa‚ India and China had very negative effects. Africa got divided‚ lost their independence‚ and many new diseases emerged causing Africans to be killed. In India‚ there was a drastic loss of money‚ famine‚ racism‚ and British dominance. Lastly‚ China lost a lot of their culture and tradition‚ trade weakened‚ opium caused deaths‚ and there
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Analyse the effects of domestic and global free trade and protection policies on the Australian economy Free trade is the unrestricted purchase and sale of goods and services between countries without the imposition of protection such as tariffs and quotas. This enables economies to focus on their core competitive advantage(s)‚ thereby maximizing economic output and fostering income growth for their citizens. Australian exports rose from $66.6 billion in 1990-91 to $300.4 billion in 2012-13‚ with
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were brought to the new world against their will to perform back breaking labor under terrible conditions”. From the 1500-1700‚ slave trade started in the region of Africa‚ specifically in Swahili. Slavery was an inhumane act. It was truly barbaric and constantly controlling a person’s life‚ what they eat‚ sleep or if they were sold or bought‚ was vicious. The slaves were used and thrown away like garbage. As mentioned above‚ following along it was from the Swahilis where it all started and there
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The effects of monopolies on the U.S. Economy What is a monopoly? The concept of a monopoly is largely misunderstood and the mere mention of the term evokes lots of emotions that make clear judgment almost impossible. The standard economic and social case for or against monopolistic businesses is no longer straightforward. According to Mankiw (2009) a monopoly is defined as a market structure characterized by a single seller of a unique product with no close substitutes[1]. When
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