The film Black Gold
Different nations entail differences in availability of raw materials and factors of production which are scarce. The possessions reflect two opposing fronts of the privileged who have various endowments against the underprivileged that show shortage. The film Black Gold which is a documentary exhibits pertinent issues that focus on the diverse aspects in the coffee market vis-à-vis Ethiopia as a developing country and the other side large multinational corporations of developed nations such as Starbucks.
Black Gold reflects the theme of trade with substantial factors indicating the gaps in the international environment. The documentary captures the opposing sides in explicit and implicit terms, creating a whole plot of the underlying issues. The production catapulted my understanding on the exportation and importation of coffee with the depiction of Ethiopia as the motherland of the product owing to the vast output with means such as labor and land devoted to the venture and on the receiving end the large multinational corporations. The piece increased my knowledge concerning the incapacities of developing nations such as low pricing for goods and services, the theoretical religious approaches, and the problem of intermediaries. The adversities present trying times with the reflection of considering the change of focus from planting the unfavorable product to one with sufficient pricing, which would result in improved revenue earnings for the farmers.
The opposite end entails the multinational corporations such as Starbucks who are the controllers of the worldwide coffee market. The film facilitated my understanding of product specialization for trading plots in the detailed information concerning the production cycle of the coffee product from harvesting to the latter stages involving the retail market. The end platform showcases economic relevancy through the depiction of the New York Board of Trade, that functions as the body charged with the role of setting international benchmark price for coffee, obeying the rules of supply and demand in establishing the ideal pricing. The multinational corporations showcase opposing endowments to the Ethiopian natives as they entail splendor, gradual, and prosperous business ventures. The opposing end mirrors the adage that states, “if we command our wealth, we shall be rich and free; and if our wealth commands us, we are poor indeed.”
The movie presents a contemporary world problem with the underlying issues entailed in developing and developing nations. The former maximizes on the incapacitations of the latter, thereby improving their conditions with massive profits in high revenue collection while deteriorating standards and poor conditions derail the opposite party. The piece gets the best of viewers with the economic gap capturing the aspect of pity as one gets to comprehend the different fronts. The film is relevant with an excellent organization through the building blocks from the challenging end to the privileged through a journey detailed with crucial issues such as how pricing works. The depiction which implicitly remarks on the trading gaps exhibited by the World Trade Organization in preventing developing nations from the development of export trade makes the piece a recommendable watch for policymakers in the department of trading and exchanges.
Black Gold is a compelling documentary that delves into the theme of the economic gap between the developing and developed countries. The former captures farmers in Ethiopia, showcasing characteristics of challenges such as low pricing while the latter entails the multinational corporations such as Starbucks enjoying privileges such as good revenue collection reflecting prosperity. The piece involves relevant information, organized properly for an easily-understandable documentary, and making a good recommendation for policymakers to tackle the issue of international trade.