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International economics theory to real world issues - Assignment ExampleIt looks comprehensively at the issues plaguing international trade and its promise of increasing wealth for countries.International economics concerns itself with the effects on economic activity of global differences in productive resources and consumer preferences or tastes and the international institutions that affect them. The aspect of international economics seeks to explain the patterns and results of transactions and interactions between inhabitants in different countries. The aspect of international economics includes international trade, migration, and investment. International trade being one of the key pillars of international economics is supposed to be a voluntary exchange occurring with all the participating countries expecting to gain. Free trade increases access to goods and services that may be lacking in some countries (Enderwick 222). For this reason, in international economic, trade bridges the differences in terms of goods and services.

MGT302 - Org. Behavior and Teamwork CA - Essay ExampleUnfortunately, it takes a certain mix of educated thought processes and considerations to be able to make the best decision that would apply to a given situation.The article entitled, “Herb’s Concoction (and Martha’s Dilemma): The Case of the Deadly Fertilizer,” Customer Affairs Department personnel Martha Wang needs to decide on how to handle information from a customer complaint claiming that the best-selling product of their company, Herb’s Garden, allegedly caused the death of the customer’s animal. Thus, Martha needs to make what is called a non-programmed decision. Non-programmed decisions are so unique and important that they require conscious thinking, information gathering, and careful consideration of alternatives. This is in contrast with programmed decisions which occur frequently enough that one already develops an automated response to them.. Martha faces quite a dilemma in this case. First, she herself has had a previous experience that is similar to the issue being raised by the customer.