Major Trade Theories Paper University of Phoenix Global Business 381 Debra Patterson December 20‚ 2010 Professor Bobbie Murray Absolute Advantage: General Theory: Absolute advantage theory addresses when a country has multiple products. “According to theory of absolute advantage‚ a country has an absolute advantage over the others if it is able to produce more of a product or service with the same number of resources or the same number of a good or service
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Positive Accounting Positive economic theory and accounting practices are objective and based on fact. Positive accounting focuses on analyzing the economic statistics and data at hand‚ and deriving conclusions based on those figures. For example‚ if corporate growth allows a company to increase shareholder dividends over previous dividend payments‚ positive accounting theory would conclude that corporate growth causes a rise in stockholder dividends. Most bookkeeping and data collection involved
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International Trade Theory 2nd STAGE/ 2nd THEORY Absolute Advantage Smith attacked mercantilist assumption that trade is a zero-sum game by argued that countries differ in their ability to produce goods efficiently. Thus‚ a country has an absolute advantage in the production of a product when it is more efficient than any other country in producing it. Therefore‚ countries should specialize in the production of goods for which they have an absolute advantage & then trade these for
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The X Theory and Y Theory Douglas McGregor‚ a social psychologist‚ introduced us to his famous X-Y Theory in his 1960 book The Human Side of Enterprise. Theory X and Theory Y are most commonly referred to in the field of management and employee motivation. McGregor’s theories‚ although over 40 years old‚ remain a basic principle from which to develop positive management. Both the X and the Y theories begin with the premise that management’s role is to assemble the factors of production. Theory X assumes
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The Evolution of Leadership Theory David A. Van Seters Stevenson‚ Kellogg‚ Ernst & Whinney‚ Vancouver‚ British Columbia and Evolution of Leadership Theory 29 Richard H.G. Field University of Alberta‚ Edmonton‚ Canada Leadership is one of the most complex and multifaceted phenomena to which organisational and psychological research has been applied. While the term "leader" was noted as early as the 1300s (The Oxford English Dictionary‚ 1933) and conceptualised even before biblical times
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In this essay I aim to describe two theories (Equity Theory and Social exchange theory) of relationships and to consider how they might influence the therapist engaged in couples counseling‚ noting their similarities and differences. Equity theory is a theory about fairness. Its application to close relationships has been primarily advanced by Elaine Hatfield (previously known as Elaine Walster) and her colleagues in the book Equity: Theory and Research (Walster‚ Walster‚ and Berscheid 1978). The
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Gender Trouble: Feminism and the Subversion of Identity by Judith Butler Review by: Mary McIntosh Feminist Review‚ No. 38 (Summer‚ 1991)‚ pp. 113-114 Published by: Palgrave Macmillan Journals Stable URL: http://www.jstor.org/stable/1395391 . Accessed: 20/03/2012 23:44 Your use of the JSTOR archive indicates your acceptance of the Terms & Conditions of Use‚ available at . http://www.jstor.org/page/info/about/policies/terms.jsp JSTOR is a not-for-profit service that helps scholars‚ researchers
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Maslow Concept of human needs Difference people got difference need ‚we have to know that the worker in which level in the hierarchy so that we can give what he want to motivate them .It is based on what the workers need. what he want ? we just give it as motivator Hierarchy factors need For maslow ‚there have a hierarchy with 5 lvl .a people will satisfied the level one by one according this hierarchy. the people will satisfied with the lower level and jump to the higher level until they reach
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Post-colonialial theory as a recent field of study has lately become one of the most attractive academic disciplines - if it can be called a discipline - that incessantly triggers piles and piles of literature written by art of critics‚ social reformists‚ political scientists‚ literary critics and political economists. The continuous expansion of post-colonialism in its recent version made its own domains of interest and areas of functionality overlap with other fields of global academic studies
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TRADE THEORY: CONTRIBUTIONS OF PAUL KRUGMAN Paul Robin Krugman‚ born February 28‚ 1953 is an American economist‚ Professor of Economics and International Affairs at the Woodrow Wilson School of Public and International Affairs at Princeton University‚ Centenary Professor at the London School of Economics‚ and an op-ed columnist for The New York Times. In 2008‚ Krugman won the Nobel Memorial Prize in Economics for his contributions to New Trade Theory and
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