Summary
Concept of ‘Economies of Scope’
Economies of scope are cost advantages that result when firms provide a variety of products rather than specializing in the production or delivery of a single product or service. Firms with economies of scope curtail the cost of production through utilizing common platform
There are four methods of economies of scope : M&A, related diversificat
economic cooperation that would avoid a repetition of the disastrous economic policies that had contributed to the Great Depression of the 1930s.
Article I of the Articles of Agreement sets out the IMF's main responsibilities:
promoting international monetary cooperation;
facilitating the expansion and balanced growth of international trade;
promoting exchange stability;
assisting in th
[Intro: Concepts and Examples of Globalization and Regionalization]
1. Globalization
1) Concept
- The process of increasing interconnectedness between lots of societies all over the world.
- The Events in one region of the world have effects on peoples and societies far away.
- The spread of ideas, cultures, and information is faster than ever through development of communication and trans
regional cleavage
Election background
The 15th presidential election can be seen as a turning point in Korea. Periodically, the election opened the way to the 21st century and historically, the election had the potential to change political forces and make a smooth transition to a new regime. Most importantly, the election was during a time of economic hardship. After long years of develop
demand aspects. Then policy for stabilizing the situation will be dealt with in this paper.
Both direct policy and indirect policy mechanism will be considered. We will draw a conclusion to find out what will be the best solution to the world grain crisis.
Ⅱ. Analysis of rising grain prices: Causes and effect
Food prices have risen since 2000s and particularly 2006 (Fig. 1.). Soaring food