
Let's talk about the benefits and the cost of use the biggest ship to transport! benefits: I think there will be less pollution for unit carried, also massive the capacity, because they can transport a lot of containers. Also it will reduce the price for consumer, because the cost of transport will decrease, because ship is big. therefore, labour cost will be less as well, because there are only 13 crews which this case study mentioned. Also low fuel cost per container carried. costs: Build the biggest ship must cost a lot, also if a ship is very big, the speed will be reduced because when they would like to pass some canal, for example Suez canal, they will waste a lot of time. Also one railway line needed. If they want to save money, the capacity of this ship must be full. Then, I would like talk about if UK trades with China. If UK trades with China, they can spend less money for import, also when they transport some products from China to UK, they can create jobs for transport. Also it is leading to lower cost push inflation, because the products from China is cheaper, which reduce the price of goods. However, trade with China might reduce the manufacture job in UK.
So,if trade with China probably will reduce the manufacture job in UK,therefore there will be less vacations for workers...and it can cause an unemployment in Britain...so on the other hand it is cheap to import goods from China...but i think in all things you must find a "gold middle"..
Theer are plenty of opportunities here to use economic concepts - such as externalities. That is one of the reasons for doing blogs - to use the blog to explore economics and learn and learn and learn.
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Also, adjust your time settings.