How the Marine Corps Prepared Me to Self-Publish Novels

How the Marine Corps Prepared Me to Self-Publish Novels How the US Marine Corps Prepared Me to Self-Publish Matt Leatherwood is a former United States Marine and two-time self-published author. In this guest post, Matt shares how his experience in the Marine Corps inspired him to self-publish novels,  and how returning to the publishing industry after more than a decade-long hiatus has shaped him as an author.Growing up, I recognized I had a unique ability to capture people’s imaginations through the written word. Teachers in middle school and high school called it a â€Å"gift.† I just thought of it as a way to pass the time during boring classes. Once the bell rung, I couldn’t wait to share my latest creation with others. Mr. Bennett, my science teacher, recognized my talent and began reading my work out loud during study halls.For years, I was content with scribbling stuff down on paper, passing it around and getting a reaction. This habit followed me through high school, into college and eventually the Marines.Journaling my experiences in IraqI never wanted to be a writer. That changed on January 13th, 2003, the day my battalion commander stood before me and announced that the Secretary of Defense, acting on orders from the president, had issued our unit a deployment order for the Middle East. My initial thought was, â€Å"I’m going to war, and I’m gonna die.† My next thought was about how I had squandered my writing talent.A majority of my fellow Marines were disturbed by the news. The last time the United States deployed for an armed conflict on a mass scale was slightly over a decade ago (1991). Fear of the unknown was rampant whether anybody wanted to admit it or not. I resolved at that moment to keep a day-to-day journal of things as they unfolded on the ground. This journal tracked my movements from the U.S. to Kuwait into Iraq and back again.My motivation for the journal was to provide my family with a written record of what was going on as I experienced it should I perish - my mother would be most comforted for an in-depth explanation beyond the generic â€Å"killed in action† touted by the military.How the battlefield turned me into a writerI returned back to the U.S. on July 4th, 2003 and was honorably discharged several months later. I still had all the journals I had written but didn’t know what to do with them. It then dawned on me to turn them into a book that my family and others could read to understand the plight of the combat soldier. Those journals became Train to Baghdad, my first book.I had officially become a writer through extenuating circumstances. I can honestly say, if I had never gone to war, I would’ve never taken up writing. So, it is my contention that I was â€Å"drafted† into writing. "I  was drafted to war.  I was also drafted into writing." @M_LeatherwoodJr Why I gave up writing after my first attempt to self-publish novelsI worked daily for eight months, shaping my journals into the book "Train to Baghdad". Because the war was still being fought and I did not obtain clearance from the Department of Defense, I was forced into writing the book as a fictional memoir.Not knowing anything about fiction, apart from what I had learned by reading it myself, I enrolled in the novel-writing program at Winghill Writing School and spent thirteen months learning the craft from the bottom up. I was assigned an instructor, Canadian author Michael Crawley, who had some commercial success and we began working on the first ten chapters of what is now Complicity in Heels.Why self-publishing works for meWorking with Reedsy editor, Angela Brown was a joy. I followed her editorial letter religiously as I revised the manuscript of "Complicity in Heels". There were times when I realized my story had more holes than a slice of Swiss cheese. She brought up poin ts I had never even considered when constructing my story. I found myself often asking, "How could I have missed that?" She pushed me past my comfort zone as a writer.Despite my initial, challenging experience with self-publishing, the decision to self-publish my second book was quite easy. The choice felt right because of how it coincided with my Marine background. Self-reliance, discipline, and responsibility are in my blood. I thrive on challenge and adversity, both of which are involved when you self-publish. "I thrive on challenge and adversity, both of which are involved in self-publishing." For others, the traditional publishing route provides security and industry validation. However, both avenues come with a laundry list of pros and cons, so anybody just starting out would be best served to do their due diligence.Looking back on war and the importance of readingContrary to popular belief, there is a lot of dead time during a  war. I too held this misconception of nonstop action, until I found myself in a combat zone - I thought it would be constant engagement with the enemy. After all, that’s what all the movies show: firefight after firefight.   Not so. There are long stretches of action-less time, depending on where you are on the battlefield. Books and mail from loved ones at home are much-desired staples that get you through those times.Often, you don’t know where you are, how long you’re going to be there, or what tomorrow looks like. Orson Scott Card’s  Ender’s Game series got me through those doldrums. I kept a fresh co py of his paperback in the cargo pocket of my uniform and toted that book wherever I went.On the battlefield, books and letters are lifelines. Back home, writing has given me a new path and self-publishing has allowed me to open a new chapter in life. "On the battlefield, books and letters are lifelines." @M_LeatherwoodJr "Complicity in Heels" is available on Amazon for Kindle and paperback. Find out more on Matt’s website!  What has inspired you to be a writer? How has self-publishing influenced you as an author? Leave your thoughts, experiences, or any questions for Matt  in the comments below.

Casino Royale Opening Sequence Analysis Essay Sample

Casino Royale begins with a pre-credit sequence that gives the audience a obscure penetration into the narrative of the movie. that is about to unknot. While most Bond films start with the hallmark gun barrel sequence. Casino Royale was the first Bond film to get down with a pre-credit sequence that tied into the gun barrel sequence. Casino Royale besides does non integrate female figures in the gap credits and alternatively uses the James Bond character as the cardinal figure. The pre-credit sequence has been edited into black and white. which is a intervention form. and uses rather a contrast of the two colorss. particularly in the violent bathroom scene. The usage of visible radiation and shadow is besides a major intervention form used. where the light appears to be more settled on Bond’s face ( the ally ) and the shadow is more prone to MI6 subdivision head. Dryden’s face. to bespeak the relationship between the good and the bad. A Walther PPK gun was used in the movie Casino Royale. this symbolizes Bond as a superior character. and besides gives him his dual 0 position. This gun besides suits his character. an MI7 agent. as another gun. such as a western gun. would non function its intent in the movie. At the really beginning of the pre-credit sequence. an analytical shooting of the lift Numberss increasing appears. the Numberss increase up to figure 6. screening that the following degree would be 7. This connects to James Bond being 007 and that Dryden is about to meet him in his office room. on the 7th floor. The edifice that first appears has the text â€Å"PRAGUE† appear on the screen. this is a Eastern European topographic point and could besides associate the Bond’s foremost kill ( Fisher ) as he besides appears to be Eastern European. The first shooting the audience receives of Dryden is a low camera angle shooting. this gives him a high position and besides indicates that he is rather a powerful adult male. Shot-reverse-shot is used in the duologue between Bond and Dryden. in-between this are speedy cuts to a flashback of a violent bathroom scene where Bond is doing his first putting to death. this makes it more edgy/jumpy for the audience. The flashback is evidently in the past and this is a contrast to the present footage that is besides being shown. the usage of colors is besides contrasting as the flashback uses more inauspicious colors to the present. Switch overing between two narratives relates to Bond’s foremost and 2nd putting to death. his first in the flashback and his approaching 2nd. to have his dual 0 position. it shows that he is a extremely skilled MI7 agent and give the audience an penetration into the remainder of the movie. Other analytical shootings are used foremost when Dryden opens the drawer in which contains his gun and back a really speedy analytical shooting of a framed image of Dryden’s household. merely before he dies. these are used to give more elaborate narrative information. An set uping shooting is used at the really beginning of the debut. it shows the exterior of the edifice and so the following shooting shows the interior of the edifice. Reaction shootings are besides used in the pre-credit sequence. the first reaction shooting is a close up of Bond’s face after his first kill demoing a spot of sorrow. but his reaction shooting of his 2nd putting to death is besides a stopping p oint up but shows that Bond is more happy with himself this clip and more please of what he has accomplished. as he has now succeeded in killing two people. The gait of the flashback scene is really speedy and shows that the violent death is done suddenly. seeking to acquire it over with where-as Bond’s second putting to death is more drawn out and has more significance to it. for illustration. Bond has a conversation with his victim foremost. The music in the flashback besides is really loud. which is non-diegetic. and besides adds to the edgy and jumpy tenseness that is put across. A lone auto drawing into a parking batch and the sound of footfalls on a cold difficult floor are diegetic sounds that are used in the debut to depict the surrounding environment. it indicates that there is no 1 about apart from Dryden and gives the feeling that the edifice is empty. However this merely adds to the tenseness even more as James Bond fans know that the movies are normally â€Å"action-packed† and that something exciting is bound to go on shortly. There is a representation of two different societal categories in the pre-credit sequence. it portrays Dryden as a more upper category adult male. with the manner he looks and the manner he speaks. where as Bond ( Daniel Craig ) looks more thuggish and like he is out to kill. The audience is merely introduced to males in the pre-credit sequence but it portrays them with more power and position within the movie. nevertheless Bond movies are known to include the celebrated â€Å"Bond girls† . and nevertheless naive they may look. they do excessively besides have a batch of power and can play a chief portion in the violent scenes. The narrative in the debut is in the stage of orientation. as it foremost introduces us to a few of the characters and besides indicates the initial state of affairs. it allows the audience to believe further into the narrative about what is traveling to go on. The debut can besides move as something for the audience to associate back to in the terminal to understand the significance of peculiar fortunes. At the terminal of the pre-credit sequence it is still on the flashback footage and the adult male who we think Bond has killed gets up with a gun to hit at Bond but so the audience is placed inside the shaft of a gun as Bond turns rapidly around and fires straight at the camera. go forthing a drip of blood buttocks. The celebrated James Bond subject melody so begins. Hearing this signature entirely is adequate to suggest that one is about to see a James Bond film. which follows an established set of criterions. The audience is prepared to see the new Bond miss. the new appliances a nd vehicles. the new stunts. and the new secret plan that ever consequences with James Bond salvaging the universe from immorality.

Investing in Energy Essay Example | Topics and Well Written Essays - 1250 words - 1

Investing in Energy - Essay Example This research will begin with the statement that one reason for the oil foreign policy being different from the conventional Prisoner’s Dilemma game is that we are dealing with exchanges in the world’s political economy. One of the most common and fundamental interests of a multi-national corporation is the land rights on which oil can be produced and manufactured. Most of the oil consumed in the world today has moved from one country to another. It is, by far, the largest single commodity in international trade. This is why it is important. The Red Line Agreement of July 31, 1928, is an example in the history of oil co-operation, in which the United States did not get what it wanted in negotiations. Negotiations for the agreement began with the US and Great Britain squaring off for access to oil in the region that is now Iraq. At the end of World War I, the San Remo agreement awarded Britain mandate over Iraq, but the Americans opposed this. They claimed that since the war was won by the Allies collectively, oil exploration rights in the Iraq region should be shared. However, the British refused. Facing this impasse, the seven American oil companies decided to pursue their oil interests by official means through the Turkish Petroleum Company (TPC, later known as the Petroleum Company). Thus, negotiations with the TPC began in 1922, with the Americans actively pursuing the open-door policy. Essentially, it was in their interest to be assured that they had access to the oil regardless of the new developments that took place in oil production, in the Mesopotamian region. This was a critical time for the Germans and French since the US was making the transition from being one of the major providers of oil to one of the largest importers. One of the biggest problems for the American group and their pursuit of the open door policy is what is referred to as the â€Å"self-denying clause.† In the Foreign Office Agreement of 1914, the â€Å"self-d enying clause† prohibits owners of TPC from handling the production or manufacturing of crude oil other than through the TPC.

Conformity and Obedience Essay Example | Topics and Well Written Essays - 1000 words

Conformity and Obedience - Essay Example After a time he told them all to drink a mixture of Cool-aid (a grape flavored soft drink) and cyanide, as well as various other drugs. Most obeyed him, and those who didn't told of parents first giving the drink to their children, before themselves. (Melton, J. Gordon, The Peoples Temple and Jim Jones: Broadening Our Perspectives) 1. The conformity to norms is often quite unconscious. It has been internalized (learned well), probably in early childhood. Our societal norms are seldom doubted; rather, we take them as givens, as "the way things are." The learning is supported throughout life by the "validity" of the norm -- i.e. it works because it is the norm. 2. But sometimes we choose, consciously, to conform, as when we join a group voluntarily. We adopt certain norms because the group is attractive to us and we identify with the group and its values or goal. In its more dramatic forms, this is called conversion. 3. In other cases, we conform because we are forced to, i.e. we are conscious of our conformity but it seems a lot less voluntary. This is often called compliance, and it can be brought on by anything from a gun to the head or the promise of candy. In other words, it is conformity due to the sanctions the society or group has in effect. 4. But most of what we call conformity in the research literature concerns something "somewhat conscious" and "not quite voluntary." It is usually brought on by social anxiety -- fear of embarrassment, discomfort at confusion, a sense of inferiority, a desire to be liked, and so on. I think it should be called defensive conformity. Solomon Asch and his students have conducted the basic research on this kind of conformity: Imagine that a person, "A" has volunteered for a psychology experiment, and he shows up at the lab at the promised time. There is a table with four chairs around it, three already occupied by other students. So "A" takes the last chair and prepares himself for some kind of psychological bizarreness. Finally, the experimenter comes in carrying two stacks of rather large cardboard cards. He introduces himself and thanks you for volunteering and begins to explain: One set of cards, as evidenced by the top card, shows three lines at a time, each line of a different length. The other set shows one line at a time. The task is called "line-length judgment" and looks to be very easy: Even from a distance, the line among the three that matches the single line is very clear. The experiment begins. The experimenter points at the first student. He looks at the lines, hems and haws a bit... and chooses the wrong match! Oh well, there's one in every crowd. The experimenter just nods sagely to himself. He points at the second volunteer, and he too hems and haws... and chooses the wrong line! Now "A" begins to feel a bit uncomfortable. The experimenter points at the third person -- your last chance -- and he, too, chooses the obviously wrong answer. Now it's "A's" turn. Being a person of integrity, you clearly announce the correct answer -- at which point, all three volunteers and the experimenter give you a look like you're from outer space. The experimenter reveals the second card of

The African-American Civil Rights Movement 1955-1958 Essay -- segregat

The civil rights movement in the United States was the start of a political and social conflict for African-Americans in the United States to gain their full rights in the country, and to have the same equality as white Americans. The civil rights movement was a challenge to segregation, the laws and ordinances that separated blacks and whites. This movement had the goal to end racial segregation against the black Americans of the United States. Many different acts and campaigns of civil resistance represented this movement. African-Americans and whites performed many forms of protest and civil disobedience including 'sit-ins', boycotts, marches and other nonviolent activities. Out of this movement, came many successful achievements such as the Montgomery Bus Boycott, the segment of the Civil Rights Act of 1964, and the Voting Rights Act of 1965, which ‘restored and protected voting rights for African-Americans. But along with achievements, many outbreaks and controversies swept the South and caused casualties and the side track of acts of violence. Background After the American Civil War, three constitutional amendments passed that favored African-Americans. The Thirteenth Amendment of 1865, abolished slavery. The Fourteenth Amendment of 1868, secured the former slaves their rights as citizens. And the Fifteenth Amendment of 1870, gave African American males the right to vote in elections, where at the time only white males were able to vote in the United States. From the period 1877-1965, the United States went through a Reconstruction Era that tried to establish free labor and civil rights of freedmen in the South. Many whites living in the South did not like these changes and began to form their own movements to ... ...ber 1, 2013. http://www.lib.lsu.edu/special/exhibits/e-exhibits/boycott/background.html. Rosenblum, Thom. n.d. The Segregation of Topeka's Public School System, 1879-1951. Accessed November 1, 2013. http://www.nps.gov/brvb/historyculture/topekasegregation.htm. The Authentic History Center. 2012. The Civil Rights Movement: The Surge Forward 1954-1960. July 18. Accessed November 2 2013, 2013. http://www.authentichistory.com/1946-1960/8-civilrights/1954-1960/#top. Tsesis, Alexander. 2004. The Thirteenth Amendment and American Freedom. New York City: NYU Press. Walker, Anders. 2009. The Ghost of Jim Crow. New York: Oxford University Press. Williams, Juan. 2005. Brown v. Board of Education: It's Impact on Public Education. Brooklyn: Thurgood Marshall Scholarship Fund. Wright, Roberta Hughes. 1991. The Birth of the Montgomery Bus Boycott. Southfield: Charro Press.

Beyond Good and Evil

Friedrich Wilhelm Nietzsche is usually considered as a forerunner of existentialism along with Kierkegaard. Kierkegaard can be considered as the champion of the orthodox Christianity. However, Christian absolutism, which requires total surrender to God, is totally not acceptable to Nietzsche, because according to him God is dead. The concept of death of God is best known among all philosophies of Nietzsche. According to him, since God is dead we have lost the foundation of truth and value.Human beings must find courage to become gods themselves (Lavine, 1984,p. 324). The greatest need of civilization now is to develop new type individual, supermen, who will be intellectually and morally independent. They will break all existing moral values, which are life- denying, to which masses are still enslaved. The only morality of the supermen will be to affirm life, to be powerful, creative, joyous, and free ( Lavine,1984,p. 325) In ‘Beyond Good and Evil’ he identifies a new set of philosophers, attempters, who will be the new legislators and creators.In order to make way for them, he criticizes all existing moral values and philosophies . He attacks Christianity and Buddhism in particular because he sees in them carriers of virtues of the weak. He presents his own ideas of morality. He says that the will to power is the underlining force in all living organism. Therefore, he denounces all virtues of peace, forgiveness, friendliness. However, the will to power is just one aspect of man. If this is the only principle of life, the only motivating factor in ones life, civilized societies cannot exist.Beyond Good and Evil can be a guide in society ruled by a dictator. Assuming that reading ‘Beyond Good and evil’ has influenced my life and I have accepted it as a guide in my life, the following changes are expected within me. An Attempter Beyond good and evil has made me an attempter- a new kind of philosophers, a free spirit. My whole life is chan ged for good. My concept of truth, life, religion and self is changed. My concept of truth. There are no absolute truths. (Nietzsche. ed. hughes) There are no universal dogmas.What is true for me can be perfectly false for someone else. (Nietzsche. ed. hughes) Every philosophy or science that I come across brings to my mind that this is said with moral prejudice and with the aim of making money. (Nietzsche,2004,para. 6) There, need not be a conviction. The Truth I know, if it is not acceptable to others I need not stand up to it. After all truth is not an incompetent creature requiring someone’s support. (Nietzsche,2004,para. 25) There is nothing called knowledge for it own sake(Nietzsche.ed. hughes) I will believe only truths that are revealed by my senses. (Nietzsche. ed. hughes) I will be skeptical of everything that I come to know. Skepticism is a tool in my hand. I should not take anything as real except my drives, desires and passion. (Nietzsche. ed. hughes0 My concept of life. The feelings of devotion, self-sacrifice, morality of self-denial are to be completely avoided. (Nietzsche. ed. hughes) I realize hatred, lust envy are not feelings that should be avoided but they are very essential to my life(Nietzsche.ed. hughes) I will not be attached to anything in this world. I will not be attached to my loved ones because every person is a prison, to my fatherland even if requires my help. I will not feel pity for anybody. I will not be attached to my own virtues. I will learn to control myself. (Nietzsche,2004,para. 41) I recognize that slavery, danger, experimentation, devilry, everything evil, tyrannical in man enhances the growth of man. Therefore, they are necessary for the humankind(Nietzsche,para. 44). My concept of religion.Christianity is a religion that I should avoid, since it is a religion of sacrifice, sacrifice of all freedom pride self-confidence. It is a religion of self-mockery, self-denial and enslavement. I abhor Christianity for th e three cardinal follies it practices i. e. , solitude, fasting and sexual abstinence. I need to just look away from these follies(Nietzsche,2004,para. 47). If I need fresh air I should not go to churches. I will stop believing in the existence of soul, therefore, there is no life after death. (Nietzsche,2004,para.30) . As an attempter I will make use of religion and politics in order to rule over others. I have a responsibility for the evolution of mankind(Nietzsche,2004,para. 45) There is no moral phenomena, only moral interpretations of phenomena. (Nietzsche,2004,para. 64) I will believe only truths that are revealed by my senses. (Nietzsche. ed. hughes) Morality is against reason and freedom. It is a constrain. (Nietzsche. ed. Hughes) Every virtue tends towards stupidity and every stupidity towards virtue(Nietzsche) My concept of self.My essence is will to power, so prepositions like ‘Harm no one, rather help everyone as much as you are able' is false and sentimental (Niet zsche,ed. Hughes). My power to will should not be restrained My strength lies in my dangerous drives such as enterprisingness, revengefulness, ambition (Nietzsche,ed. Hughes). I will possess only those virtues which are useful to get along with my secret and heartfelt inclinations (Nietzsche. ed. Hughes). Honesty is my only virtue. I will be honest totally but not to an extent of becoming boring saint(Nietzsche.ed. Hughes). My concept of the society. Everything in this world seeks to discharge its strength, the will to power. (Nietzsche. ed. hughes) The majority in the society are lesser mortals. Therefore I as an independent free spirit should wear masks or else I will be rejected and ridiculed. (Nietzsche,ed. Hughes) Democratic politics is not only politics in decay but also man in decay. (Nietzsche. ed. hughes) Herdsman. Human beings live in groups such as states, tribes, churches. These are human herds.Here majority of people live under obedience while handful of people rule the m. They are taught to unconditionally obey the rulers. The rulers consider themselves as representatives of God or servants of the people or instruments of good (Nietzsche,2004,para. 199). The characteristics of a herdsman and herds are as follows(Nietzsche,2004. para. 199) The herdsman glorifies virtues like humility, timidity, modesty and peace (Nietzsche,2004,para. 199). Strong dangerous drives such as hatred, revenge, enterprisingness are branded immoral.(Nietzshe,2004. para. 199) This over tenderness causes him to be soft on people who tend harm him, criminals (Nietzshe,2004,para. 199). Spiritual independence and will to stand alone are seen as dangerous, therefore such qualities are suppressed (Nietzsche. 2004,para199). When clever men get together they form a parliament(Nietzsche,para. 199). The Disadvantage of Being an Attempter. The will to power An attempter in trying to be different in everything loses his normal self. The attempter is too much occupied with his will to p ower.Will to power is one of the characteristics of men. However, the attempter considers it as his essence. The effect of such an attitude makes him an oppressor in any relationship. Will to power is common to all human beings. He runs into trouble when he meets another human with same type of inclination. In such a situation, as Hegel says there will be struggle unto death(Lavine,p. 220). Detachment He detaches himself from everything in life. He is not attached to his loved ones, his fatherland or his virtues. This makes him an ascetic.He is made into a machine without any human feelings. Dangerous drives. Human drives such as hatred, revenge are glorified by him. On the other hand soft qualities like modesty, humility, friendliness are looked down upon. Human beings are bundle of emotions. Every emotion has a place in the formation of a person. One cannot glorify some emotions and denounce some others. In the case of an attempter the killing instinct in man is given predominance . This makes him an unacceptable person in a civilized society.He is more at home in a society ruled by a dictator. The Advantage of a Herdsman. A herdsman has a balanced emotional level. He does not denounce any qualities as irrational. Nietzsche argues that the will to stand alone, higher intelligence being suppressed in herds(society) is not true. There is more freedom in a herdsman than an attempter. He lives in a democratic world where as the attempter tends towards dictatorship. He learns to obey authority, which is a very important quality to live in a societyAnimal instincts such as revenge hatred are not glorified but by considering them as immoral those harmful emotions are discouraged To Be an Attempter or To Be a Herdsman. I would prefer to be a herdsman. A herdsman is a person suitable in a civilized, democratic society. The life of a herdsman is lived in obedience to authority. He understands the importance of modesty, friendliness and peace. These qualities appeal to me more than a life lived with a sloe aim of dominating others.A life of an attempter is very mechanical. He does not have the human frailties which makes life interesting. He hates everything , suspects everything, tends to dominate everything. His life will be lonely and dull. Therefore to live a life filled with normal emotions of joy, pain, modesty, forgiveness I would prefer a herdsman’s life. Conclusion In ‘Beyond and Evil’ Nietzsche alludes that all life is exploitation. His will to power is seen as exploitation. The dominance of one’s will over another.All that enhances power is good. All that flows from weakness i. e. , peace, friendliness are bad. Hatred, vengeance, cruelty are essential for life. These concepts of life suit a dictator than a person living in a democratic society. He tries to present a new brand of philosophers called ‘attempters’ who embodies all these characters. They are supposed to be legislators and creators. Cr eators of moral values so that a new order of world will be created. Nietzsche call these philosophers as saviors of humankind.Thus, he attempts a dangerous experimental method. Therefore, we cannot live a life based on ‘Beyond Good and Evil’ References Lavine. T. Z. (1984). From Socrates To Sartre. New York: Bantam Books Nietzsche (2004, September23). Beyond Good and Evil Retrieved April 24, 2007 from http://www. mala. bc. ca/~johnstoi/Nietzsche/beyondgoodandevil2. htm Nietzche. F (n. d. ) Beyond Good and Evil. in G. Hughes. Retrieved April 23, 2007 from C:Documents and SettingsaaDesktopPhilosophy- Squashed Nietzsche – Beyond Good and Evil – Condensed Abridged. htm

Questions and Answers on International Business - 2334 Words

International Business 1. If the Japanese Yen were to depreciate and all other factors held constant, would that cause a surplus in Japans balance of payments to become greater, or a deficit to become greater? Depreciation of the Japanese yen could be viewed as a smart move to relieve a struggling economy, which Japan is very much a part of. For instance, the work of Shinzo Abe has sought to do precisely that ever since hes taken office. One of the most effective was to depreciate the Japanese yen, in order to stimulate the economy.This move has been effective, for it has immediately enhanced the export of Japanese goods, resuscitated tourism and the related catering and retail industries (Li, 2013). This move has been so effective in relieving the deficit, many ask why the move was not made sooner, particularly since the stimulation is having such a positive impact on the long-term economic downturn in Japan (Li, 2013). Opinions towards this particular issue tend to be mixed, with some holding the opinion that the main reason was because of pressure from America (Li, 2013). Others hold the opinion that the main reason was as a result of the earthquake which occurred two years ago (Li, 201 3). 2. Why would a company employ a currency hedge? Hedging strategies are indeed becoming more and more commonplace for companies. Rather than subject themselves to the random mercy of fluctuating foreign currencies, institutional investors are taking a more active role inShow MoreRelatedThe Impact of International Business on the World, Questions and Answers1107 Words   |  4 Pageshave been involved in international business to obtain silk,pepper and spices for their own luxury. Till this day, international trade has been giving a major impact in all countries. International business is a transaction beyond the geographical limit of a nation. 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