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Essay

the world is flat

Essay specific features

 

Issue:

Business

 

Written by:

Mark Y

 

Date added:

March 28, 2017

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 293

 

Was viewed:

8153 times

 

Rating of current essay:

 
Essay content:

If you've been uptodate with the field of international trade, it might be familiar territory, but for the rest, it's a great read. I was struck by the fact that over time, the distance coefficient in gravity models has not dropped. It is a really surprising result. I wonder why this happens. Certainly, looking from an Indian perspective, there has been a huge upsurge of trade to faraway locations, made possible by reduced transaction costs...
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Certainly, looking from an Indian perspective, there has been a huge upsurge of trade to faraway locations, made possible by reduced transaction costs. In particular, in terms of BPO, India appears to do huge trade with faraway locations (e.g. UK and UK) and negligible trade with close-by places. This doesn't sound like a gravity model story to me...
displayed 300 characters

General issues of this essay:
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