Rizal and The 19th Century Europe The 19th Century Europe gave rise to different spectacular developments around the world. It was at this period in history when nationalism grew to every abused heart...
The claimed divine right to rule by the British and French was overlooked by popular sovereignty, which changed the government and social order in the eighteenth and nineteenth centuries. The Enlighte...
A Strategic Analysis of the Brewing Industry in Nigeria
However, Competition in the Nigerian beer market is getting fiercer as environmental and economic conditions affect the disposable income of the consumer. Growths in this industry in recent times have...
A Template for Structural Analysis of an Industry
Corporate Strategy and Policy A Template for Structural Analysis of an Industry You can use the following template for analyzing the structure of an industry. It requires you to rate the attractivenes...
A three-month European call option on the index
1.A portfolio is currently worth $10 million and has a beta of 1.0. The S&P 100 is currently standing at 800. Explain how a put option on the S&P 100 with a strike price of 700 can be used to provide ...
Adam Smith is undoubtedly one of the most celebrated scholars of all time since his revolutionary theories on trade changed the way people engaged in commerce and ultimately the role of government in ...
Adam Smith and David Ricardo Had More Similarities
Division of labor and free trade took deep root in their mind. When it comes to object of nation’s free trade, however, their opinion showed dissentience with absolute advantage and comparative adva...
Adam smith described the labor value of money by stating that the price or value of a commodity depends on the amount of labor required to produce those products, Adam smith considered labor as a fact...
Adam Smith and the free market economy
Prior to the late 1700s, European countries had operated under a mercantile system of foreign trade. Mercantilism is the tight government control of trade. Then nations began to see the advantages of ...
Adam Smith: Self-interest and The Wealth of Nations
In Adam Smith’s monumental work, The Wealth of Nations, he explains how it is generally the inherent human nature of self-love that is pushing the economy to flourish, and a system that allows for p...