Impact Of Piracy On International Trade Essay

From 120 BCE to the 16th century, trade was a remarkable part of the Eastern Hemisphere. It played a vital role in the kingdoms and city-states that made up all of what the 21st century calls Europe, Asia, and Africa. Trade was critically important in this time period because of the diverse climate that was scattered all across the continent. Due to the climate, every location had different resources that were provided by nature. Without specific resources, specific goods could not be manufactured. Not only that, but since technology was not as advanced as it is now, specific products were not able to exist in areas. The only way to obtain those products was to trade. Two of the many routes that a merchant could use to trade were the Silk Road and the Sea Roads along the Indian Ocean. Of those two roads, the Indian trade route had the most positive impact around the world. It facilitated the trading of mass goods since rather than using animals to transport goods, they used boats. It also provided a type of wind known as Monsoon wind that merchants could benefit from. Finally, the Indian Ocean trade route stretched out at a greater distance than the silk road, which impacted the goods that could be traded. Overall, the Indian Ocean trade route had the best impact in the Eastern Hemisphere and even the world.

The international trade sector of the U.S. economy continues to draw attention in economic and political circles. It is true that, the international market has become increasingly important as a source of demand for U.S. production and a source of supply for U.S. consumption. Indeed, it is substantially more important than is implied by the usual measures that relate the size of the international sector to the overall economy. This paper explores the role international trade now plays in the U.S. economy and answers the important questions for economic policy: How does international trade affect economic well-being? Who gains and who loses from free

During the 16th, 17th and early 18th centuries, piracy was rampant in the Atlantic, specifically in the West Indies. Piracy has existed since the earliest days of ocean travel, for a range of personal and economic reasons. However, one of the major reasons why piracy was wide spread and rampant in the 16th, 17th and early 18th centuries was Great Britain’s endorsement and usage of piracy as an asset; in wars fought in the New World. Great Britain with its expanding power and conflicts with other nations would make piracy a lifestyle and lay down the foundation for the Golden Age of Piracy and eventually bring what it created to a screeching halt.

In this case, there is a possibility of impairment because of an increased presence of pirates in the area in which Smooth Sailing cruises, the cruise ship’s operating

“After the 1890 season, the Pittsburgh Alleghenys signed several players from rival American Association teams- including the Philadelphia Athletics star second baseman Lou Bierbauer. The Philadelphia team loudly protested the move, complaining to league officials that the Alleghenys’ actions were “piratical.” The Alleghenys made sport of being denounced for being “piratical” by renaming themselves the Pirates for the 1891 season.” Pirates have had a strong presence throughout the ages; their presence has often garnered acknowledgment from governments- both foreign and domestic. For the most part, pirates are more real than ninjas based upon their presence and the acknowledgment of their existence by governments throughout history.

Under The Black Flag , a book written by David Cordingly expressed the reality and myths behind piracy. He clearly states in the introduction of the book that his aim “is to examine the popular image of pirates today, to find out where this image came from, and to compare it with the real world of the pirates” (Cordingly xiv). Along with his aim his thesis is also stated in the introduction of his book, which essentially states that the views by everyday people of pirates consists of a mixture of facts, and many other things such as romantic novels and films. He successfully informs readers of the history behind many important misconceptions of common beliefs. Although some of the things every person has learned about a pirate growing up may

The geographical area in which piracy took place was mainly the Mediterranean. Barbary piracy became a very threatening thing. There were many Muslim pirates attacked ships, enslaved crews, plundered cargoes and held numerous captives in their respective areas or countries, but it was done by the Muslims, there were even Christians engaged in this event as well. That time they didn’t have many job to live for. since piracy can get wealth very quickly. It kinds to become a culture alone the Barbary Coast. The violence accompanies with many facts, circumstance, history, ideology, the opportunity to strike. It became their job.

From a jurisdictional standpoint, the most egregious error on the part of the court was the prosecutions failure to charge the defendants with piracy in the indictment. Since the commissioners established the court, and drew their authority to try the accused, from the Piracy Act of 1700, this oversight threw the legitimacy of the entire proceedings into question. The fact that the men standing before them were pirates seemed so certain to the commissioners, they did not bother to charge them with the crime. But failing to charge them with piracy prohibited them from deriving their authority from the commissions established under the William III statute which was exclusive in nature. The court had no jurisdiction to try anyone for any crime, a fact that became apparent to them at some point during the month long individual hearings. On April 19th, following the conclusion of two trials, and 165 separated investigatory sessions, the court charged John Jessop with “Piracy and Robbery upon the High Seas.” Jessop had already been found guilty of unlawful resistance and attack of an HMS vessel

An obstacle that arises in securing ships and ports is that of travelling to foreign ports. Security professionals are are encouraging the United States government to extend U.S. boundaries to foreign ports, which would put much emphasis on security at loading points (70). The fear is that attackers will board a ship at a foreign port and sail to American soil where they could practice terrorism. A way that shipping security has changed is that of the plan of the Container Security Initiative (CSI), which calls for international security criteria to identify high-risk cargo containers for pre-screening at their point of shipment (70). The Coast Guard has also increased patrols in the U.S. ports and waterways, specifically around the nation’s critical petro-chemical facilities (71). By 2004, The International Ship and Port Facility Security Code took effect requiring ship operators to develop security plans, appoint ship and company security officers and maintain a minimum level of on board security, while port officers are required to develop similar plans and hire a port facility security officer (71). This code made it mandatory for all ships to be secure both while still in ports and also while travelling. Not only does this protect passengers aboard the ship, but also citizens of the United States as threats cannot enter the country through shipping

When the word pirate is mentioned, many people think of ship carrying men across the seas as they pillage other ships. While this is true to some extent there was much more to the lives of the men that were known as pirates. Pirates were mostly men from French, English or Dutch heritage, and were privateers or merchants. Many of these men were sanctioned by their government. By the Spanish they were call piratas or unsanctioned sea-raiders, and would have a heavy influence of trade in the Caribbean and on the Spanish Empire.

Piracy in Somalia has come about due to years of internal fighting and weakened government. With the overthrow of the president in 1991, Somalia has been a complete anarchy with only the laws of rival clans who have been in power. Though long before that the country has been in constant war between the people of the country because money and food have been always been scarce. Small amounts of money have been made through some exports but the real money came from the fishing off the coast. Recently because of the lack of laws commercial fisherman from all over the world have been over-fishing the waters and leaving the Somalis with too few fish to survive. European companies have used this lack of laws as a way to easily dump their

Maritime piracy in recent weeks has been on the rise around the Gulf of Aden, the Somali Basin, and the Indian Ocean. As stated in the text book, “In the first six months of 2011, there were 266 pirate attacks on the world’s seas. More than 60 percent of those were by Somali pirates who are increasingly bold in their actions.” For example, in 2011 there was an attack by Somali pirates which shocked most. The Somali pirates during monsoon season targeted a ship and proceeded to shoot at it in the Indian Ocean.

     International trade is defined as trade between two or more partners from different countries in the exchange of goods and services. In order to understand International trade, we need to first know and understand what trade is, which is the buying and selling of products between different countries. International Trade simply is globalization of the world and enables countries to obtain products and services from other countries effortlessly and expediently.

How can traditional (or old media) enterprises such as film, television and music overcome the threat of online piracy and file sharing?

Mercantilism was a sixteenth-century economic philosophy that maintained that a country's wealth was measured by its holdings of gold and silver (Mahoney, Trigg, Griffin, & Pustay, 1998). This recquired the countries to maximise the difference between its exports and imports by promoting exports and discouraging imports. The logic was transparent to sixteenth-century policy makers-if foreigners buy more goods from you than you buy from them, then the foreigners have to pay you the difference in gold and silver, enabling you to amass more treasure. With the treasure acquired the realm could build greater armies and navies and hence expand the nation’s global influence.