Exclusive Economic Zone

International trade plays a key role both for country’s economy and for global economy. International trade or free trade can be very beneficial, as it provides much bigger market, and also allows producers to produce their goods much cheaper. These characteristics are mainly important for small economies, as they produce much expensive and do not have bigger market because of little specter of trade. International trade is of great importance for the developing countries, as it can boost their…

Corporate Strategy Key financial indicators According to the statistic, it was estimated the growth in worldwide luxury retail market to around 8% per annul before financial crisis in 2008. Also, the decline in the segment was approximately 9%. It was determined by the decreasing in e consumer confidence and supplying . It should to mention that sales revenue have a increasing up to 7% from the 2009 to 2010. For Burberry company, it is an important achievement of its management strategy.…

The modern world’s experiences widespread global economic interdependence. In the context of this work, globalization can be defined, in its simplest terms, as the increasing communication and interactions between people, societies and states existing in different regions of the Globe regarding "interdependence". Globalization describes a process that advances in both directions in its local-universal spectrum, pointing out to a highly dynamic and variable conception far from a static structure.…

The “unitary actor” model There are two actors: Supplier and Recipient. Supplier pursues several goals that may be mutually complementing. These goals might include gaining economic profit, contributing to world stability and increasing political influence (Sanjian 1991). Supplier associates arms transfers with influence and, consequently, expects that in return for arms deliveries recipient will make concessions in its foreign…

2. Company Situation 2.1 Industry Situation The water purifier industry aims to improve the environmental pollution and is a field of high-income elasticity which its demand increases more than the price decrease. As the water pollution caused by industrialization becomes serious, consumers in Asia are increasingly interested in 'safe water' and the water purifier market continues to grow. It is estimated that the water purifier market will be expanded as the awareness of water pollution has…

2.1.2. The Trade-off Theory:- In all of capital structure theories, a decision maker managing a firm evaluates the various costs and benefits of alternative leverage plans. Often it is assumed that an interior solution is obtained so that marginal costs and marginal benefits are balanced. The trade-off theory of capital structure refers to the concept that a firm chooses how much debt finance and how much equity finance to use by balancing the costs and benefits. The trade-off…

notion that migration movements tend regardless to a certain spatial-economic equilibrium (Castles & Miller 2003:22). Although the issue of migration has not attracted substantial attention within mainstream economic theory itself (Bauer & Zimmermann 1998:95; Lee 1966:48; Passaris 1989-7), in economics, genral equilibrium theory attempts to explain migration by geographical differences in the supply and demand for labour in economic ideology. The resulting differentials in wages cause workers to…

1.Introduction Poverty is when people needs are not met. And there are two types of poverty which are absolute poverty and relative. Absolute poverty is when you cannot acquire certain needs and wants to support yourself and relative poverty is when someone can afford things but is not enjoying them. 1.1.Background Poverty is the state of being of being poor or needy. Poverty occurs because of many reasons such as lack of education. Lack of education can lead to poverty due to you do not have…

Audit firms of different sizes have to utilise its resources in different ways in order to establish themselves in niche markets and sustain a competitive advantage. Folks DFK & Co as a medium sized audit firm is able to compete with other small and medium sized audit firms to serve clients from small companies to public listed companies. The major issue faced by the firm is lacking of advance technologies and IT infrastructure due to its lacking of economies of scale and financial resources. If…

INTRODUCTION Kotagede is a district located around ten kilometers southeastern part of Yogyakarta city center, Indonesia. It has been renowned for silver handicrafts industry for many decades. This particular industry has grown since the development of Kotagede as the capital of Mataram Kingdom in the 16th century. Silver handicrafts industry is considered as the most important economy sector in Kotagede because it absorbs many skilled labours in this field. Most of the silverware firms are…