Archive for the ‘trade’ Tag
Link: https://www.npr.org/2022/02/19/1081948884/mexican-drug-cartels-are-getting-into-the-avocado-and-lime-business
On this episode of NPR’s Weekend Edition Saturday, Scott Simon and Emily Green discuss the involvement and control that cartels have in the avocado and lime business in Mexico. Mexico exports about 80% of the US avocado supply and generates around $2.8 billion a year, giving cartels the incentive to get involved. They have been controlling farmers and sending threats to inspectors which caused the US to enforce a short-term ban of avocados from Mexico. With the entanglement of the cartels, you might have to start looking for a different alternative to put on your toast in the morning.
Original Air Date: February 19, 2022
Length: 5 minutes 4 seconds
Link: https://www.npr.org/2020/10/13/923237556/how-vikings-launched-globalization-1-0
In the year 1000 Vikings were the first individuals from Europe to discover North America. Eventually, they discovered that indigenous individuals were already there and began exchanging goods with them. This is the first known example of a good from one area in the world was able to be traded for a good in another region. There is even evidence of some form of coin being exchanged between the two groups.
Original Air Date: October 13, 2020
Length: 9 minutes 55 seconds
Link: http://www.marketplace.org/topics/business/why-ibm-paying-15-billion-lose-business
Summary: IBM has fell 7 percent off its stock price this week. IBM is selling its chip making company to GlobalFoundries for $1.5 billion over the next three years. It would sound unconventional, except when looking to the future. IBM will be receiving chips for the next ten years from GlobalFoundries. Deals like this are exceedingly rare, but IBM has realized truth: it would be more costly to shut down than to sell, and they may be saving money in the end.
Original Air Date: October 20, 2014
Length: 2 minutes 22 seconds
Prompt / Discussion: Discuss how this type of deal differs from collusion.
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