Debeers

debeers  When you hear diamonds what do you recall?? Most people ideate of a wedding rings and how expensive they ar. Well when tight fitting to people hear the word diamonds they might think of a company called De Beers and how they ar considered a cartel. De Beers proved to be the near successful cartel arrangement in the annals of fresh commerce. While other commodities, such as gold, silver, copper, rubber, and grains, fluctuated wildly in response to economic conditions, diamonds have continued, with few exceptions, to advance upward(a) in price every year since the Depression.

(the Economist, p17, June 3rd 2000) by the long time De Beers has sort of monopolized the diamond market. Since the company has broken anti believe laws they are not allowed to sell in the united States. Diamonds are said to be highly over rated because in that treasure is plenty of them but only so many are sold while the rest ar...If you want to get a full essay, order it on our website: BestEssayCheap.com

If you want to get a full essay, visit our page: cheap essay