Social Structure Of France During The French Revolution Essay

The French Revolution was a time of period where social and political was a disruption in France that lasted from 1789 until 1799. This time of period affected Social Structure of France prior to the French Revolution. The factors that caused this revolution was due to having a bad government system, weak superiority, and inequality of the classes of people in France during the war. In this research, I will define and explain how Social Structure contributed to the French Revolution Resentment of royal authoritarianism. The three estates that social structure consists of are first estate which are the clergies, second estate known as the Nobleman, and third estate which are the Bourgeoisie, peasants, and workers. The Revolution did not omit sharp distinctions among the social groups, neither did it alter the distribution of wealth. This caused them to divide into these three groups called as estates. The French Revolution were influenced by many factors such as the Enlightenment ideals, concepts of popular sovereignty, and unchallengeable rights. France’s costly involvement in the Revolution and excessive spending by King Louis XVI and his predecessor had left the country on the brink of bankruptcy. Not only were the royal coffers exhausted, but two decades of poor cereal harvests, drought, cattle disease and skyrocketing bread prices had kindled unrest among peasants and the urban poor. (history.com).These actions played a critical role in shaping modern nations. AsShow MoreRelatedEssay on Use of Terror in the French Revolution 1108 Words   |  5 Pages18th century of France, the third estate made up of the lower class of France had been oppressed and overtaxed, and received very little representation at the Estates General. The commoners of France wanted change and equality throughout France so they separated from the Estates General and formed their own government t o govern France. A few years later in 1792, Maximilian Robespierre, the radical leader of the Jacobin party and the Committee of Public Safety, took control of France and executedRead MoreCrucial Elements Leading to the French Revolution866 Words   |  3 Pages In the French Revolution, many contributing factors helped give birth to this messy revolution. These Factors included an unfair social system that gave privileges to the first estate, which was the clergy, and the second estate, which was the nobleman. The Rights included special positions, in which only higher classes could obtain, and most importantly an exempt from all taxation. For this reason, citizens in lower, third class France were rightfully upset. Another reason for rebellion wasRead More French Revolution Essay1141 Words   |  5 Pages Why was there a French Revolution? Between, 1789  ¡V 1799, many events occurred in France that caused an outbreak within the people thus leading to a revolution. This culminated in the France becoming a democratic government. This essay will argue that the resentment of absolute government, financial difficulties, the famine, rise of philosophes and the ongoing feud between the estates are all the major causes of why there was a revolution in France. Firstly before going into the topic, the wordRead More Napoleon Betrayed the Revolution Essay1320 Words   |  6 Pagesthe Revolution In order to investigate the claim that ‘Napoleon betrayed the revolution’, it has to be determined what is the French revolution? And what are the revolutionary ideals that Napoleon allegedly betrayed? If Napoleon betrayed the Revolution then he betrayed the ideals of liberty, equality and fraternity. However if Napoleon did not betray the revolution, he consolidated the revolutionary ideals. The only way of determining whether Napoleon consolidated or betrayed the revolution isRead MoreThe French Revolution During The 19th Century Essay1481 Words   |  6 PagesDuring the beginning of history there have been major political, economic, cultural and social revolutions. The people wanted change and brought about revolt against their government. The revolution instigated the act of liberty and equality for all people and generated fair living standards and/or social classes and treatment. This prompted expansions of political forces including but not limited to the democra cy and nationalism. Questioning the authority of kings, priests and nobles it providedRead MoreThe French Revolution Occurred During The Time Periods1414 Words   |  6 PagesThe French Revolution occurred during the time periods 1787 to 1799 which shook France. Its climax reached in 1789 when the ancien regime ended in France. The French Revolution was the most violent and by far the most universally significant revolution compared to the rest. The initial cause of the revolution was the social structure of the West. One social structure that was based on the holding of all land by fees that resulted in the relation of the king to vassal was called the feudal systemRead MoreEnlightenment And The Enlightenment Movement1317 Words   |  6 Pagesfor reform in France between 1690 C.E. and 1789 C.E.? Geo. H. Lewis argues in his DeFOREST ORATION. CAUSES OF THE FRENCH REVOLUTION that the extremely high and constricting taxes implemented in France, the conflicts between the nobility and the working class, and the uncooperativeness of the King created a sense of urgency for the general population of France (Lewis, pg. 51-52). Louis Gottschalk attributes this reform to the revolutionary ideas which were formulated by Rousseau during the EnlightenmentRead More Revolutions Around the World Essay1245 Words   |  5 PagesDuring the late eighteenth century and the early nineteenth century, the colonies of the New World, and countries of the Old World, were undergoing revolutions and reforms. In North America, the United States created an economic and political powerhouse; the modern world’s first major nation to become a democracy. The Haitian Rebellion dramatically inspired other slaves and people to rise above government and be given the rights to freedom. The French Revolution practically destroyed its earlierRead MoreFrench Revolution: the Solution to Class Inequality1141 Words   |  5 Pages The French Revolution was one of the most important events that occurred in the history of France. The revolution crumpled the Old Regime and completely transformed the social and political system of France. The people of France sought to establish a more egalitarian society through their newly created Republic. When Enlightenment thinkers such as John Locke, Jean-Jacques Rousseau and Baron de Montesquieu introduced individual liberty, natural rights and equality the ideas of revolution emergedRead MoreRousseaus Impact On The French Revolution1636 Words   |  7 Pagesglobe, however, they seemed to have the most interesting effect on France. Jean-Jacques Rousseau was a major contributor to Frances political and social structure post-French revolution. These ideas weren’t the only triggers for the French Revolution. A combination of strangling taxes, economic disparity, and an impotent ruler led to the development of an intense need for reform in France. â€Å"France spent an enormous amount of money during the American war which put them on the verge of bankruptcy† (McKay

Moral Integrity In The Clinical Practice - Free Essay Example

Sample details Pages: 2 Words: 503 Downloads: 8 Date added: 2019/05/13 Category Society Essay Level High school Tags: Integrity Essay Did you like this example? Introduction Integrity refers to an internal quality within oneself, demonstrating moral consistency and responsibilities (Singapore Nursing Board, 2018). It is crucial for Registered Nurses (RNs) to practice with ethical integrity, as nursing centers around people and health, where being moral and ethical in professions, especially in healthcare. Consequently, ethics cover the theory while morals cover the practice (Bryant Velle, 2018). Moral integrity is affiliated with ethical knowledge and actions that are impacted by mutually accepted ethical standards and principles (Lasala, 2009). The purpose of this paper is to establish the significance of moral integrity in the clinical practice of professional nurses to uphold the integrity of the professional nurse.. Don’t waste time! Our writers will create an original "Moral Integrity In The Clinical Practice" essay for you Create order Significance of Integrity in Nursing The public trusts nurses; trust, however, is not an entitlement but a privilege (Lasala, 2009). As nurses are depicted to be knowledgeable, caring and competent as patient advocators, they are the bridge between healthcare providers and patients. According to one of the Core Competencies by the Singapore Nursing Board (2018), demonstrating accountability for ones development has been a requirement to uphold the integrity of nursing as a Profession. In other words, if RNs do not develop themselves or upgrade their skillsets, many would second-guess whether RNs are antiquated or too comfortable in their area of expertise. As Aristotle expatiates, Education is an ornament in prosperity and refuge in adversity Singh, N. (2018), thus, RNs should be proactive in developing themselves; to ensure evidence-based practice is in place, promoting competent patient advocacy to aid in the treatment of disease process. Integrity itself doesnt only refer to being responsible and morally consistent, it could also refer to demonstrating responsibility and accountability for care within scope of practice and level of competence (Singapore Nursing Board, 2018). Applying Integrity to Clinical Practice Granted that a nurses interventions are linearly moral, nurses should practice with the patients best interests in mind, with increased role responsibility and demand, nurses face additional challenges to integrate moral concepts, values and integrity (Lasala, 2009). Possessing integrity in the face of these challenges are relevant in clinical practice, as experienced RNs may tend to cut corners through immoral actions. To take a case in point, if an Assistant Nurse (AN) pre-charted blood pressure readings whilst being the Nurse in-Charge. The ANs misconduct, particularly in integrity would compromise the patients safety as inaccurate charting could lead to unsafe treatment being directed by healthcare providers. Not withstanding the fact that it is human to err, making a mistake in healthcare due to negligence or immoral actions may lead to irreversible outcomes which further emphasizes the importance of integrity in nursing. Conclusion Upholding the integrity of a professional nurse is not a sentence that should be lightly treaded on, as it carries a heavy weight on the shoulders of RNs. Following the aforementioned points, this paper hopes to establish the importance of moral integrity in the clinical practice of professional nurses to uphold the integrity of the professional nurse. Conclusiely, integrity may vary differently between nurses, specific sets of integrity principles should be emphasized, to promote integrity in nursing.

The Theory Of Career Counseling - 1072 Words

Ohler and Levinson (2012) states that John Holland’s theory is the most widely used, respected, and researched theory of career counseling (pg. 148). With research providing a foundation of effectiveness and usefulness, Holland’s theory provides a positive framework for assisting clients achieve career and occupational satisfaction. Holland notes various personality types providing one with insight into their interest, traits, and factors that ultimately lead to career happiness. The six personality types previously identified as realistic, investigative, artistic, social, enterprising, and conventional have specific descriptions detailing areas of interest as it relates to the type. Ohler and Levinson (2012) explains how the realistic personality type enjoys working with machines, tools, and animals (pg. 148). Also this type values the ability to teach, heal, and inform others. The realistic type often avoids social activities, ,are practical in their endeavors, and enjoy working with objects. On the other hand, Ohler and Levinson (2012) states that investigative people enjoy mathematics, persuading people, and are scientific and intellectual (pg. 149). This type enjoys searching for solutions and will be prone to enjoy complex and abstract thinking. Sharf (2014) notes that individuals with this type also hold interest working as doctors, biologist, researchers or veterinarians (pg. 132). Ohler and Levinson (2012) notes artistic types as creative, enjoying arts,Show MoreRelatedCareer Counseling Theory Paper1723 Words   |  7 PagesCareer Counseling Theories: Individuals with Substance Use Disorders The words â€Å"career counseling† and â€Å"substance abuse treatment† on the surface appear as two completely isolated areas, with little interconnection. Personally, as an individual in recovery from addiction, as well as professionally, working as a drug and alcohol case manager, experience has shown me that vocation is very relevant to this population. It is one of the primary goal areas in which I work with my clients on a daily basisRead MoreCareer Counseling, And Super s Development Theory1840 Words   |  8 PagesCareer counseling theories are as diverse as the counselors who practice them and the clients who experience them. Understanding and applying the appropriate theory for each unique client is imperative. Many career counselors use a variety of theories and techniques when working with students through their exploration and career commitment process. Career theories I will describe in this piece include, Social Cognitive Career Theory, Solution-Focused Career Counseling, and Super’s Development TheoryRead MoreCareer Development And Counseling : Putting Theory And Research998 Words   |  4 Pagesentering college in which a student may learn and grow in ways they otherwise couldn’t if they were in a college classroom. M. L. Savickas explains this transition further in the book Career Development and Counseling: Putting Theory and Research to Work. â€Å"The transition represents an important opportunity to enact career goals, self-beliefs, and identities developed during schooling† (Savickas, 2005 pp. 42–70). Some may have apprehensions when determining if a gap year is beneficial for an individualRead MoreDiversity Issues in Career Counseling Essay755 Words   |  4 PagesDiversity Issues in Career Counseling Abstract This paper will give a brief overview of how bias, assumptions and diversity can impact the career counseling relationship. The impact of values, bias, and the ability to move beyond barriers in the counseling relationship is essential to successful outcomes in working with clients. The rationale for the appropriateness of multicultural counseling competency and the impact of culture in the counseling process will be discussedRead MoreReflection Of Communication And Communication1152 Words   |  5 Pagesresources in our society that will assist people that have served in the way. Certain things like VA hospitals and helping them deal with their past trauma. The fourth resource that I took away from this course is learning about the multiple career counseling theories; this will assist in my communication and helping with my client as it relates to their future goals. The fourth fact that I learned from this course is the importance of self-care and making sure every day you are taking good care of yourselfRead MoreCareer Choices Are A Reflection On An Individual’S Personality1325 Words   |  6 Pages Career choices are a reflection on an individual’s personality type. It is believed to be reinforced and rewarded by the individual’s academic environment. The theorist, I will discuss in this paper is John Holland theory. Holland’s theory provides a framework that is congruent to one’s personality type. Many personalities are influenced by their environment, which in terms dictates the type of career they choose. The primary purpose of Holland’s theory is for individuals to look for opportunitiesRead MoreAn Interview With A Counselor Essay1381 Words   |  6 Pages Introduction Counseling is defined as †the use of therapeutic strategies to help clients address personal concerns and mental health issues† (Nystul, 2016). Pursuing counseling as a career involves many years of formal study and certification or licensure. After receiving licensure to practice as a professional counselors it is a requirement to maintain involvement and certification in certain associations in order to hold your license. These association often require further education and/or professionalRead MoreCareer Analysis : Career Counseling1276 Words   |  6 PagesCareer Counseling Theory It appears that the most appropriate model of career counseling would depend on how much insight the client has, their stage of development, their age and cultural background, and their career and developmental maturity. All of an individuals life experiences, their personal and career goals and aspirations for the present and future will affect their choices regarding career development. There are differing opinions on which factors play the most important role in careerRead MoreJohn Holland Personality Theory Essay901 Words   |  4 PagesPersonality is an influential trait that if utilized for career matching, could potentially increase productivity at a job or even equate to a successful career choice. If an individual’s personality has characteristics of a certain trait, such as creativity or idealism, it would be a good idea to get into a career that emphasizes this trait and maximizes that potential. In career counseling there are many theories that are acceptable for utilization in client-counselor relationships, but one inRead MoreHollands Theory834 Words   |  4 PagesMulticultural Career Counseling Grand Canyon University: PCN-525 August 30, 2013 Cyril Worm Introduction This research paper will summarize â€Å"Holland’s Theory of Vocational Choice†; followed by a practical application of the theory to this Author’s life. Other than the textbook for this class; one other resource cited in the reference section was used to make the following concise summation of Holland’s Theory. Holland’s Theory of Vocational Choice Holland’s Theory can be

Financing Needs And Opportunities, And Government Of Uganda

Uganda is in a transitional period in terms of both financing needs and opportunities, and Government of Uganda (GoU) has already begun to expand the range of options it utilises: some semi-concessional external debt has been contracted since FY08/09, and Treasury Bills and Bonds have been issued explicitly for fiscal policy purposes since FY12/13. In addition to these new modalities, opportunities for borrowing externally on fully commercial terms – such as in the form of dollar-denominated ‘Eurobonds’ – have also begun to emerge. In this paper we look at Domestic borrowing: Treasury Bill and Bond issuance. With GoU having begun to issue Treasury securities for fiscal purposes, the authorities face a challenge in determining both what†¦show more content†¦This paper seeks to incorporate this recent evidence into a consideration of the specific issues faced by Uganda. It aims to address the key costs, risks, and broader macroeconomic implications – including the potential impact on private investment and overall economic activity – and what steps Uganda can take to maximise the benefits and minimise costs and risks as GoU decides how much to turn to DD financing. Domestic debt is an area of considerable and ongoing reform in Uganda. Until FY11/12, Treasury Bills and Bonds were issued ostensibly only for monetary policy purposes; but as of FY12/13, GoU began to conduct net securities issuance primarily for fiscal policy purposes – raising around Shs.650 billion (1.2 per cent of GDP) towards the financing of the fiscal deficit that year. As reported above, by the end of FY12/13 the total stock of outstanding Treasury securities stood at 11.1 per cent of GDP; this is below the sub-Saharan Africa (SSA) average of around 15 per cent of GDP. In FY13/14 GoU planned to raise Shs1,040 billion, or 1.6 per cent of GDP, through net Treasuries issuance; this was in line with net Treasury issuance over the past ten years, which has averaged 1.5 per cent of GDP per year. Costs, risks and broader considerations Interest costs Figure 1 : selected cost and risk

Global Financial Crisis in 2008

Question: Describe about Global Financial Crisis in 2008. Answer: Introduction The most exceedingly awful budgetary emergency started in 1929 generally in United States and numerous different nations around the globe. Following 1929-second sovereign obligation emergency happened in 2008 took after by extraordinary rescission Hall (2010 ). "From US, the emergency spread to other European economies, particularly Portugal, Ireland, Italy, Greece and Spain, in this manner named PIIGS" (De Vogli, 2014). Patomaki (2009) characterizes as indicated by universal political perspective , worldwide money related emergency happened as a consequence of shortcoming in US fiscal strategy (p. 18). By the by a few governments and money related organizations around the globe were focus about what causes to monetary emergency 2008 and why declined in both value and obligation markets . In view of this, article expects to talk about two causes and one impact of worldwide money related emergency in 2008. The causes are genuine state air pocket and sub-prime home loans, while the imp act is wellbeing illnesses. Wrong desires from the speculators totally break the banks believing that the estimation of merchandise will drop on the off chance that they keep the relationship with the money related gatherings. Since the huge gloom in the 1930s, monetary emergencies have been an issue that the financial analysts are continually confronting and managing each and day. It has been a noteworthy impact on commercial enterprises and speculators since its begin. Some emergencies have happened in the course of recent years which have completely changed the economy of the influenced nations and areas. (C. Avery and P. Zemsky (1998) Various scholastics have uncovered that genuine state bubble adds to budgetary emergency 2008. Espresso (2009) expressed that in US lodging business sector was quickly diminishing by the swelling of air pocket (p. 5). The terms of "air pocket" can gap to two fundamental classifications, for example, low loan cost strategies and worldwide lopsidedness. Firstly, in 2001 government store rate was 6.5% as per FED's reaction, around then decrease it into by 1% in 2003 and had been all through the period. It serves to diminished financial aspects subsidences and obligation hazard. In 2002-2004 the FED stores expanded by 1% with the house purchasers under various arrangements. For instance demonstrates " Tax focal points, ideal conditions for destitute individuals to by houses et cetera". The house interest was expanded about this reason. Besides, house valuing was expanding with worldwide lopsided characteristics, which drove the development in loaning and world capital business sector. Co nsequently that is a greatest and current record deficiency in USA (US$811 billion, or 6.1% of GDP in 2006 (Okte , 2012, p. 86). Likewise evaluated monetary report (2005) demonstrates that genuine state bubble greater than the stock exchange rise in 1990s, Bochenek (2011). To total up these proof are clear that somewhere around 2001 and 2008 noteworthy increment took after for assets. The budgetary crises showed up in light of various reasons achieved by cash related foundations and the business division. Banks could offer fastly to a lot of money to the all inclusive community, and this incited taking off of house expenses. Bank credits had increased in just seven years as a result of an enormous measure of money disposed of into the economy (Jackson, J.K., 2010). Each period banks credits they makes fresh currency thusly the further periods they advanced out they make more currency and extend the commitment altitudes after some period of time. Once the financial institutions had that unlimited measure of currency, they totally place it to various fragments a long way from the business. The private and business range was the spot to banks rushed to when it came to contributing. About 50% of the currency used up was taken to the private assets and business area's that pressed up the household expenses and salaries. (Blessing, W. moreover, Wilson, G.K., 2012) Other than sub-prime home loan was a noteworthy reason for emergency, which put European and American economies stuck in an unfortunate situation. Central bank forced a higher expansion rate to build the government stores rate however this influenced the US economy in an extremely perilous way thus fast increment of premium extents and after that opening obligations for the benefit of a few sub-prime home loans were ended. Because of this, different mortgagors needed to pay most elevated remunerations and now and then they couldn't manage the cost of it. For instance, "these advances were expanded from US$52 billion in 2001 to more than US$400 billion in 2005 and 2006" (Okte, 2012, p. 84). The started circulate model, which was started amid the period before the emergency, successfully controlled the financing of sub-prime home loan. This permits an association to change over lodging obligation into home loan back security (MBS) and offer it also, Allen, Carletti and Okte (2012). In outline emergency steady and valuable the worldwide genuine economy.Sub-prime mortgage. The sub-prime home loan emergency was the biggest emergency which triumphed the country meanwhile after the emergency in the 1940s. Activated by the surprising lessening in household costs subsequently the households bubble fell facilitating in degrading of households confidences. These prompted contract abandonment and the decrease in private speculation. The sums the organizations would spend on the homes venture progressively diminished and obligations expanded (Fidrmuc, J. also, Korhonen, I., 2010). Enormous monetary foundations later fell in 2008 prompting an extraordinary hullabaloo in the stream of credit between money related gatherings. Numerous specialists have uncovered that illnesses significant impacts to budgetary emergency. For moment twenty-eight nations experience the ill effects of least one psychological wellness issue regarding the emergency. The Google Trends information found that caved in of Lehman Brothers in 2008 compared with an expansion in the limit of web inquiries connected to mental pain, "One rate point in home loan unfulfilled obligations and abandonments was connected with a 16% [95% CI 9%-24%] expansion in mental trouble questions" (Quigley , 2016) . So also 42 European Nations amid and before the immense retreat normal passing rates in suicides and self-caused wounds per 200,000 happened 2005 to 2015. Moreover, nations, for example, Spain which could be classified as low speculation nations, had a parallel circumstance amongst unemployment and suicide, yet this is not the circumstance in the socially unequivocally ensured nations as Sweden, where it happened in the other route round, expan sion of unemployment brought about the lessening of suicides, (De Vogli, 2014). In any case, proof, which demonstrate the financial subsidence, energize the decline in future and diminishment of mortality. Then again, subsidence have a tendency to diminish exposures to certain danger portions, as individuals have less discretionary money to spend on liquor and tobacco, and lower moderateness of transport may fabricate cycling or strolling. Be that as it may, much relies on upon the strategy relationship; for instance, when mass unemployment is combined with fundamental access to disreputable liquor, there might be expansive augmentations in risky drinking, as happened amidst the breakdown of the Soviet Union. Disregarding the way that dissent kept access to liquor amidst the Great Depression, regardless of the way that going from cirrhosis climbed promptly when it was drop, agreeing with cash related recuperation. A late diagram perceived a wide variety of reactions by European nations to the emergency. While two or three nations may have comprehends how to enhance ampleness without disabling access to associations, different accomplished a separating in access to mind. When all is said in done, this paper has dissected the two causes and one of the conspicuous effects of cash related crisis . That is clear athat these two causes significantly influenced the 2008 crisis, and the parts of the effect of prosperity awkward nature is still can be found in a segment of the European countries. As I might want to think, a cash related crisis won't happen not long from now. The influence of the budgetary catastrophe of 2008 took in the state and the globe. It contributed an amazing experience to acquire and transform. The business division has been unfaltering meanwhile after the disaster, and organization and other cash related foundations are attempting to regulate the business parts. Its influence on the budget left imperfections on the markets that work as a firm experience learned (Blankenburg, S. likewise, Palma, J.G., 2009) If the banks keep proceeding more money, and the amount of debtors growing the organization will put in some evaluates to hold t ight the crisis that may happen. References Bochenek, P. (2011). The speculation bubble on the real estate market in the USA in view of selected overinvestment theories. eFinanse, 7(1), 73+. Blankenburg, S. and Palma, J.G., 2009. Introduction: the global financial crisis. Cambridge Journal of Economics, 33(4), pp.531-538. Berkmen, S.P., Gelos, G., Rennhack, R. and Walsh, J.P., 2012. The global financial crisis: Explaining cross-country differences in the output impact. Journal of International Money and Finance, 31(1), pp.42-59. De Vogli, R. (2014). The financial crisis, health and health inequities in Europe: the need for regulations, redistribution and social protection. International Journal for Equity in Health, 13, 58.

Business Economics for Price Elasticity of Demand- myassignmenthelp

Question: Discuss about theBusiness Economics for Price Elasticity of Demand. Answer: Price elasticity of demand: Price elasticity of demand is a mechanism of microeconomics to capture consumers degree of responsiveness to changes in price. As per the law of demand, fall in price boosts the demand and increase in price reduces the quantity demanded. The lower the price, greater is the purchasing power of consumers out of a given income. Elasticity reflects the direction and intensity of changes in quantity demanded for one unit change in price (Fisher Shell, 2014). Elasticity contains negative sign for negative relation between price and demand with exception in cases like Giffen goods that reflects positive relation between price and quantity. Elasticity is defined as: Ed = Types of elasticity depend upon value of E. E1 implies for unit change in price there would be less than one unit change in demand. This is inelastic demand. E=0, implies perfectly inelastic demand that refers to percentage change in quantity demanded is zero for one unit increase in price. For E=1, indicates unitary elastic demand where the quantity demand rises just by 1 unit for unit fall in price Elastic demand denoted by E1 implies change in quantity demand by more than one unit for unit change in price (Hall Lieberman, 2012). If a firm say Apple wants to raise its product price it must know how inelastic or elastic the demand would be in favor or against of the price change. Generally, high priced apple gadgets fall in luxurious good category that faces elastic demand. So increase in price would reduce quantity substantially, which wont be good for the profit of company. Absolute Comparative Advantage Driving concept behind international trade is absolute advantage. This refers to advantage nation has in domestic production in terms of labor capability. Labor is the only input in production under the concept. Lesser the amount of labor required to produce one unit of goods, higher is the productivity and greater is the advantage the nation tend to have. This cross-country difference in productivity of labor, nations follow production in one sector that is more advantageous to produce and lead toward specialization (Levchenko Zhang, 2016). Specialization propels trade that further pushes exchanging for goods and services produced by other nation with the own production. The concept of comparative advantage revolves around the theory of opportunity cost. This refers to the amount of foregone production in one sector for one unit production in another sector (Laursen, 2015). Suppose in country A, to produce one unit of food, 2 unit of machine production has to be forgiven and to produce one unit of machine goods, 0.5 unit of food production. In country B, , to produce one unit of food, 1.5 unit of machine production has to be forgiven and one unit of machine production requires 2.5 unit of food production to be forgive. Evidently, machine production requires less sacrifice of food in Country A and Country B has lesser opportunity cost in food production indicating A would specialize in machine production and B in food production and they exchange through trade. Reference: Fisher, F. M., Shell, K. (2014).The Economic Theory of Price Indices: Two Essays on the Effects of Taste, Quality, and Technological Change. Academic Press. Hall, R. E., Lieberman, M. (2012).Microeconomics: Principles and applications. Cengage Learning. Laursen, K. (2015). Revealed comparative advantage and the alternatives as measures of international specialization.Eurasian Business Review,5(1), 99-115. Levchenko, A. A., Zhang, J. (2016). The evolution of comparative advantage: Measurement and welfare implications.Journal of Monetary Economics,78, 96-111.