Wall street journal Essay Example | Topics and Well Written Essays - 1250 words

Wall street journal - Essay Example health, a description of how UNCTAD, the WTO as well as other international trade organizations tend to influence trade, details on the five established levels of economic integration and their overall implications for the international marketing manager. In discussing the global economic environment, the author emphasizes on the importance of international trade theories. There are three key international trade theories; these are absolute advantage, comparative advantage and product life cycle. These theories generally emphasize that firms seeking to expand internationally need to ensure that they appreciate how their various international activities tend to match with a given country’s goals for international trade. The balance of payment is widely considered to be a lead indicator of the international economic health of a given country and as such, it may tend to have a direct influence on a firm’s expansion decisions. This is it essentially indicates how money is currently going into and out of a given country and whether this movement of currency has resulted into deficits or surpluses for the country. BOP data can aid firms in identifying their competitors as well as possible consumer locations and evaluate the possibility of trade restrictions. Government policy and trade is also another crucial aspect to be considered as firms are directly impacted by government in a wide range of areas such as tariffs and non-tariffs barriers. According to the authors, some of the government policies and trade that might impact a firm include specific duty, tariff engineering, ad valorem duty, exchange controls, quotas and non-tariff barriers (NTB’s). Institutions such as the WTO and UNCTAD had a great influence on trade policies. In this respect, the authors are keen on stressing that they can heavily influence a given firm’s global strategy. Whereas the WTO essentially serves to provide a crucial forum that can be used by countries for mediation,

The Greenest Preservred Historical Places in New Orleans Essay

The Greenest Preservred Historical Places in New Orleans - Essay Example These attractions therefore, greatly attract a large numbers of tourists who come to visit various places all over the country. The country has good tourism and hospitality hence enjoy a lager number of tourists every season. In this country tourism is one of the largest and most vital sectors in the economy (Poesch, 49). It is proud to amongst one of the states with several historic structures and districts. In order to uphold this status, New Orleans has come up with history preservation law which allows for designation of properties with or without the owners consent. This has been made much easier as the owner have been compensated through TDR law that facilitates the transfer of unused rights in development from properties having historical rights to those in other locations with historic landmarks(Poesch, 342). Back in 2007, New Orleans established the preservation salvage store with the sole aim of preserving the identity and architecture of the state. The store is used as a p lace to keep donated material from demolished structures. These materials are then resold to other people at low and affordable prices. Through this initiative, numerous architectural features have been reused into the famous housing store in New Orleans therefore ensuring the preservation of the rich multicultural inheritance. New Orleans is known world over of its outstanding, unique architectural designs ranging from cottages made of Creole to huge mansions on the St. Charles Avenue. Several architectural styles ranging from baroque cabildo to the considered modernist skyscrapers found in the central business district (Poesch, 276). The stores have other importance in New Orleans in that it plays a greater role in â€Å"greening† of New Orleans. For instance those materials salvaged from sand fills are environmentally safe and therefore advisable for use in rebuilding and renovation of homes. Instead of constructing new structures, the store provides an option of reinvesti ng in the cities’ present housing stock (Poesch, 92). Many might be wondering why New Orleans has been so much into advocating for building new â€Å"green† structures instead of utilizing those that are already built. It has been proven that reusing an old water bottle is a great idea instead of buying a new one. For this reason the question of why not using the old building then instead of constructing new ones? Because of this, different line of thoughts (new Orleans city council and Vieux carre commission-a conservationist group, have clashed over the idea of installation of solar panel on the roof tops in the French quarter. The council recommended that the solar panels are to be black and be placed at an angle which will blend best with the roof color. This idea was welcome by most residence who said that it was in line with objective of making French quarter an exciting, habitable community. The solar panel to be installed would in deed provide energy that can b e utilized by the residence and thereby reducing their cost of living in terms of electricity cost, this was the point being posed by the city council (Poesch, 187). According to Alter, a professor at the school of interior design, Ryerson University, best way forward to combat problems resulting from climate change is by focusing less on the â€Å"green gizmo†