Diamond Trading Company

Illegal diamond smuggling has turned portions of modern Africa into underdeveloped and overridden with rebels. Fraught with the evils of greed and violence, Sierra Leone continues to suffer from the blood diamonds being smuggled out every day. Greg Campbell, the author of Blood Diamonds: Tracing the Deadly Path of the World’s Most Precious Stones, proclaims “The discovery of those diamonds-- which, until then, had been deemed to be just another worthless piece of gravel by the locals-- placed…

iv. Taxation Taxation is one of the methods that many economists support because of its supposed efficiency. Under this method of pollution regulation, a tax rate is set for each standard unit of pollution that is equal to the social cost that pollution creates on society. The firm then has a choice of whether to pay the tax or seek methods to abate pollution. This method provides the firm with the freedom to compare the potential tax with the cost of abatement and reductions in output to allow…

Who should bear the burdens? : Three Principles Let us begin with the Polluter Pay Principle (PPP). According to the PPP, those who contributed to climate change should compensate the harm. The application of this principle has the advantage that the cost of the damage is reflected in the cost of the goods, playing the market its role. Along with this, prevention of harm would be mainly carried out by mitigation than adaptation which results lot cheaper (Vanderheiden, 2011). Although this…

The role of supermarket having control on consumer spending is discussed in four different ways in literature. First, is the pricing strategies that are used in the supermarkets to trick consumers into thinking they are getting a good deal. Article 2 stated that “price is unquestionably one of the most important marketplace cues” (234). Authors have noted “several researchers have argued that a price reduction in coupon form may produce an increase in consumer response beyond that which would…

JRA Memo Belvedere Trading is a company that develops high end trading software to help their traders in the field. This sort of technology must be efficient to stay ahead of the game. This flows right into their mission statement, “To invest in the continuous improvement of our skills and technologies in order to identify and capitalize on trading opportunities in an ever-changing global marketplace.” The marketplace never stops changing, it takes a lot of people and their input to come up with…

In the states of Virginia and New York, trades secrets consist of, “of a formula, process, device, or compilation which one uses in his business and which gives him an opportunity to obtain an advantage over competitors who do not know or use it.” Trade secrets are typically protected by nondisclosure agreements. For example, Virginia is one of several states that have adopted the Uniform Trade Secrets Act; however, New York has not yet adopted the Uniform Trade Secrets Act The damages for theft…

pollution which was adopted by many countries, states, and groups of companies. The cap sets a limit on emissions, which is lowered over time to reduce the amount of pollutants released into the atmosphere. The trade creates a market for carbon allowances, helping companies to come up with different ideas in order to meet, or come in under, their allocated limit. The less amount of green house gasses are emitted, the less companies pay, so it is in their economic incentive to pollute less. John…

Kyoto Protocol to the UNFCCC (2005) The Agreement and its Goals: The Kyoto Protocol is an international agreement linked to the United Nations Framework Convention on Climate Change (UNFCCC) which aimed to mitigate anthropogenic effects of greenhouse gases on the environment by introducing a set of binding emission reduction targets for individual countries. Considering the threatening scale of the problem and the wide geographical distribution of GHG emissions, the Protocol required…

OF INSIDER TRADING LAWS IN AUSTRALIA 1.0 INTRODUCTION Securities law in Australia is predominantly governed by the Corporations Act 2001(the Corporations Act). On the other hand, the Australian Securities and Investments Commission (ASIC) is charged with the mandate of regulating the securities market with insider trading being a current priority. The Australian insider trading provisions are notoriously difficult to comprehend as they poise a conundrum in definitions of insider trading and…

Knowing how many times people (if at all) eat out at the Eaton Centre tells a few things. It begins by informing us on the frequency that people already purchase meals from existing restaurants, our competitors. Based on the frequency of purchases per week, we can assume that those who are purchasing more frequently probably prefer to spend less on their meals due to the costs associated. Using this as a transition question into price, we can get an idea of the frequency of purchase while the…