Posts Tagged ‘comparative advantage’

  • Ukraine and International Trade

    Ukrainian Economics

    Dec 6, 13 • 1086 Views • No Comments

    Fewer bottles of kodrinskoie-sparkling will be served at Russian holiday celebrations. Declaring that Moldova’s exports no longer met its food quality standards, Russia has blocked Moldovan wine exports. In the past, Ukrainian cheese and chocolate have...  [read more]

  • Chinese Foreign Direct Investment in the US

    The Surprising Ways That China is a Part of Our Lives

    Oct 29, 13 • 801 Views • No Comments

    Did you eat a Smithfield ham sandwich today? Go to an AMC multiplex? Drive a Volvo? The ham, the movies and the car are from Chinese companies. One reason that Hong Kong based Shuanghui International bought Smithfield is because China needs more pork....  [read more]

  • wind turbine solar panel electric pylon energy

    Diminishing the Worldwide Energy Gap

    Sep 21, 13 • 1092 Views • No Comments

    Last summer, President Obama announced a $7 billion Power Africa initiative that targets sub-Saharan Africa.  Its goal is to create the infrastructure that will extend electricity to more than 20 million households. Partnering with 6 other nations, the US...  [read more]

  • Comparative Advantage: A Natural Gas Dilemma

    Aug 17, 13 • 1035 Views • No Comments

    When the price of natural gas plunged in 2008, manufacturers smiled. As Dow Chemical’s CEO recently explained, cheaper natural gas means a $4 billion investment in 120 new manufacturing projects. Using cheap gas, Dow plans to build ethylene, propylene,...  [read more]

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    Manufacturing: What’s New?

    Jun 12, 13 • 365 Views • No Comments

    Called “A Revolution in the Making,” yesterday’s Wall Street Journal  focused on manufacturing in a special section. I was particularly impressed with some stats that they presented and Jay Leno. The Stats: The cost gap is closing between...  [read more]