International Business Assignment Essay Example | Topics and Well Written Essays - 1000 words

International Business Assignment - Essay Example For instance, Ricarodo-Millian viewpoint indicated, not only did the United States make productivity gains by free trade with Eastern nations even the Eastern nations were able to improve their per capita income, though only up to a fraction of the United States’ per capita income. Moreover, free trading nations could harness the potential of each other’s strengths in exchange for weaknesses. This concept emerged from the way United States traded for certain products, like agricultural produce and manufacturing, with Eastern nations that had huge potential for production of these items, it also exported electronic and technical goods to the Eastern nations that were relatively less evolved in terms of those goods. Classical economics about free trade proposes that such trading actually nullifies all potential imbalances that would eventually follow increased trading between nations. As per Ricardian principles, unemployment is temporary. However, this temporary phase ca nnot be defined as the US labor force has been experiencing job losses for more than 3 decades, which started when the US started free trade with neighboring nations through the NAFTA during 1994 by outsourcing manufacturing jobs to Mexico (Iyer, 2005). This resulted in loss of more than 750,000 jobs in the US. Considering that the same scenario continued with other NAFTA members such as the Philippines, Canada, and some European countries. This resulted in an increased number of exports from these countries into the US, thereby addressing all their economic deficit issues. Following job losses in the manufacturing units of the US, even the service industry began outsourcing jobs to Eastern developing countries like India. This increased job losses for most of the IT and IT enabled service personnel in the US. These shifts in economics and labor markets from economics perspective resulted in bringing about balance between different nations in terms of growth, GDP and per capita inco me. Samuelson (2004) asserts that free trade has only lowered the labor-market by clearing real wages because the market moved to places with high supply of labor at lower wages. However, Giddens (2011) points out that the global electronic economy provides such opportunities to individuals at one corner of the world to actually shake up what once seemed as rock-solid economies. Globalization has pushed many economies downwards by pressurizing local autonomy, as incase of the US and European companies. Some economists believed that job losses would not render people of the rich countries to be idle, but would push them harder towards new inventions, which would benefit their economy. Although inventions have happened in the US, these inventions were insufficient to provide jobs for all jobless people; this further increased economic inequalities in rich nations, like the US, too. Free trade policies have undoubtedly improved living standards of most of the people in developing natio ns, which has thus resulted in an increase in consumption, costs, and demand for manufactured products, natural resources and agricultural produces. Most of the developing nations have liberalized regulations on foreign direct investment, which has given greater push for retailers to expand into newer

Archaeology through DNA analysis Essay Example | Topics and Well Written Essays - 5000 words

Archaeology through DNA analysis - Essay Example An example can be seen through a recent discovery which led a group of researchers' claim into having been able to positively identified the remains of Copernicus-the first astronomer who theorized that it is the Sun, not the Earth, that is in the center of the universe. Such findings have put an end for years of debates and speculation over the location where the 'unsung hero' was exactly buried. The article ensues from the discovery of a grave and remains under the floor tiles of the cathedral where Copernicus was purportedly buried by Polish archaeologist Jerzy Gassowski and his team last August of 2005. Hence, a thorough examination of the article suggests that there is heavy dependence on the field findings for which the resources for the DNA analysis were indeed drawn from. Such were the tooth and a femur bone of the remains that were matched with a separate finding of two strands of hair from one of the said astronomer's books. Furthermore in support of the result through a dissimilar process, experts' reconstruction of the skull shows distinct indications of several facial features from Copernicus's portraits. This includes a broken nose and a cut above the left eye which coincides with a scar mark. The reconstruction also paved way to a visualization of Copernicus's face in flesh. On account of the quantitative significance of these field findings, it can still be assumed that the performed DNA analysis endowed such findings with more meaning. Through the DNA analysis, experts and researchers were able to merge the "minor" individual discoveries (i.e. the suspected remains, the hair in Copernicus's book and Copernicus's portraits) into a more conclusive and well-harmonized "major" discovery. Consequently, this article demonstrates that archaeology is not enclosed within pure discoveries but it also concerns verification of those discoveries. And now, with the advancement of technology, we are stimulated by the fact that even the smallest and most seemingly marginal of field findings before, that of a single strand of hair can also possibly yield significant contributions to the verification of a major discovery. It is important to note then that "minor" discoveries can be as relevant as "major" discoveries such that the former also constitutes the latter. With the technology of DNA analysis at hand, it can be presumed that archaeologists today are faced with deeper challenges on extracting and handling evidences from archaeological sites and in material resources. More so, the article also illustrates another magnificent advancement in technology. That is, the ability of experts today to generate a flesh visualization of deceased beings-whether humans or animals, through the reconstructions of their skulls. With this, the public may become more interested and be able to relate more with history as they are being discovered. Study of Migration in Africa through DNA analysis Another popular function of DNA analysis, which has been mentioned earlier, is genealogy detection. Recently, this technique has been used by Stanford University researchers in order to determine traces of ancestry between two regions in Africa at different periods of time. This has led the researchers to have successfully established that animal-herding methods were brought to Africa through migration rather than through the sharing of knowledge in between groups of