Friday, August 16, 2013

WEEK 6 EOC: Illicit Trade




Cheap knockoffs are found absolutely everywhere, the chances of the Loui Vuitton purse a lot of women wear these days is usually anything but authentic. These are the types of products that produce what I would tend to believe, millions of jobs. Situations like this can go on debate forever, as there as many different ways to go about how it effects the economy and people.
An interesting problem we see are the replica cars that come from China. The government tends to believe cars that look identical to the original, are nothing alike and tend to not care what the rest of the world thinks. You just have to understand why they would do this a lot of the time. For instance, a 458 Italia Ferrari in America costs around 250,000 dollars. The same car in China costs a whopping 600-700 thousand dollars. The whole situation is ethically and morally wrong, but can be an opportunity economically.
One of the worst dark illicit trades we are facing today involves the poaching of elephants. At the rate we are going the whole population can be wiped out entirely. "It's critical the ivory action plan honors the Prime Minister's commitment, and sets out the necessary legal reforms with a clear timeline to make it illegal to buy or sell ivory," said Janpai Ongsiriwittaya, of World Wildlife Fund-Thailand (Source). Examples like this show the power that money has over everyone. The one thing you will notice when dealing with illicit trade, is the fact that the whole idea is really two-faced. The second you truly think someone is good for somebody, there is always going to be a part that tells you they shouldn’t be getting away with something like this.

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