Skip to main content

Home/ IB Econ HL Section B/ Group items tagged Pure Competition

Rss Feed Group items tagged

issaechl f09

FT.com / Americas / Economy & Trade - Deal nears to end 'banana wars' - 0 views

  •  
    This article is about a pending deal to stop "banana" wars. This is a dispute over the policy enacted in 1993 to give preferential treatment to bananas from former British colonies, and to put tariffs on other bananas. This distorted the market and created barriers to entry and exit. It also meant that firms in former colonies were making supernormal profit in the European banana market. This deal will put an end to this policy and make move the market for bananas closer to one of pure competition.
masayaechl f09

Struggling Japan Airlines Posts $357 Million Loss - NYTimes.com - 0 views

  •  
    Japal Airline is experiencing a massive loss of revenue. The theory of pure competition is relevant to thsi article because if JAL continues to fail to maximize profit and reduce its loss, there are possibilities of the firm to withdraw from the industry.
matteaechl f09

Air India losses more than $1bn - 0 views

  •  
    Air India has lost over a billion dollars in the past year because the current recession has reduced air traffic, and thus profits. This is an example of a market without pure competition, because the firm and others in the industry are losing so much money.
catherineechl f09

Small Carmakers Benefit From Detroit's Headaches - NYTimes.com - 0 views

  •  
    Small carmakers continue producing a wide range of cars that can appeal to various customers. The most noticeable factor is the variety of brands competing with one another. This competitive market is entirely about cars - both imported and domestic.
marrissaechl f09

Hersey | Ferrero vs. Cadbury - 1 views

  •  
    Chocolate makers Hershey Co and Ferrero are considering a joint bid for Cadbury Plc that could help the British confectioner fend off a hostile takeover by Kraft Foods Inc. Cadbury had not been contacted by Ferrero but would consider any attractive offer.
1 - 5 of 5
Showing 20 items per page