All of this forced Cuba to rely on more distant suppliers and markets in Europe and Asia. ... An enduring economic recovery that allows for the maintenance of investments in social areas, however, requires that Cuba address a number of daunting challenges. ... The Helms-Burton Act allows a US nation to sue any foreign company that benefits from the use of property that was exporritorial from them by the Cuban government. ...

• Word Count: 2137
• Approx Pages: 9
• Has Bibliography

Frank's holistic look at economic history and interpretation of historical facts allows him to develop a unique and plausible version of world economic development; however, his failure to consider factors within individual countries, questionable use of factual evidence, lack of consideration to different points of view and various other inconsistencies in his book debase his argument significantly. ... The other continents of the world are dismissed and mention only as suppliers of economic goods such as capital and labor. ...

• Word Count: 1370
• Approx Pages: 5
• Has Bibliography
• Grade Level: Undergraduate

However exporting also achieves economies of scale in production and allows the company to diversify sale locations; as economic growth is not the same in every market, export diversification can allow a company to benefit from a strong growth in one market to compensate for a weak growth in another. ... Licensing mainly holds advantages for small companies as it allows them to enter foreign markets quickly, easily, and with virtually no capital investment. ... • Secondly it reduces costs through economies of scale or increased knowledge as one of the partnering businesses may have a ...

• Word Count: 2198
• Approx Pages: 9
• Grade Level: Undergraduate

Though the Canadian government does not offer the softwood lumber industry monetary assistance, it does offer them an advantage that American suppliers do not get: the stumpage fee policy. ... The reduced cost to produce softwood lumber in Canada allows for continued production when demand is low because it can be sold in the U.S. below the American cost of production guaranteeing a need for workers. ...

• Word Count: 2095
• Approx Pages: 8
• Has Bibliography
• Grade Level: High School

Most people know the company best as the suppliers of fuel and lubrication products at their local service station, and as a company that explores on land and sea to find and produce oil. ... The debate about globalisation's benefits and drawbacks is split: - One school of thought argues that progress and the eradication of poverty are best achieved by allowing global markets to emerge...

• Word Count: 1675
• Approx Pages: 7
• Grade Level: Undergraduate

Doing this allows goods and services from everywhere to compete with domestic products and services on generally an equal basis. ... This can allow unsuccessful and inefficient businesses to profit since they receive all kinds of government support. ... Economies receiving inflows of capital benefit in many ways, management expertise, training programs and important linkages to suppliers and international markets often accompany the capital. ...

• Word Count: 2038
• Approx Pages: 8
• Has Bibliography
• Grade Level: Undergraduate

For example, allowing South Korea to reduce tariffs on agricultural goods over an extended period of time will ultimately earn the U.S reference in the market, making rival suppliers remain out of the picture. ...

• Word Count: 2099
• Approx Pages: 8
• Has Bibliography
• Grade Level: High School