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Economic Problems & Issues/ Week 7 – Discussion 2

Economic Problems & Issues/ Week 7 – Discussion 2

Please respond to the following:

Maersk global trade shipping http://www.youtube.com/watch?v=RUfGCngF9DI

Captain Phillips Maersk line http://www.youtube.com/watch?v=1Wc1l1DW6IE

Comparative advantage http://www.youtube.com/watch?v=RpfV0Oerfr8

http://www.youtube.com/watch?v=U12yZXBmQmY

Free Trade http://www.youtube.com/watch?v=ZO2-XRQ4r-0

Tariffs http://www.youtube.com/watch?v=j_32DiftUUw

quotas http://www.youtube.com/watch?v=eCMJrlo5EBE

embargo http://www.youtube.com/watch?v=JH36oYas6Ag and http://www.youtube.com/watch?v=Ynaq2mVDvYw

Advantages of Globalization http://www.youtube.com/watch?v=rC_csMoXwqM

International shipping may soon be saving money for all of us by going over the North Pole, because ice is breaking up because of global warming. In addition, there are mineral resources on the sea floor. Russia already planted its flag( like Columbus) on the Floor of the North Pole. Watch these videos. http://www.youtube.com/watch?v=YujsRuN3PK8   and http://www.youtube.com/watch?v=ZiIIrR9CJgg

****This is a discussion NOT a paper. Please no plagiarism. ****

 

 

 

 

…………….Answer Preview……………

With Ice breaking at the North pole, new business ventures as well as destinations are about to be found. This is likely to shape international shipping as new opportunities arise. The move by Russia to plant its flag on the floor of the North Pole is seem as an aggressive move to capture new territories. This is on of the first steps in………..

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