Hi there. attaching the 3 questions below. please follow the guidelines for the word count and follow directions. Watching the movie, Sorcerer, is required to answer thoroughly
You may only use 400 words (<401) to answer each question, so use each word carefully. An answer that is 375words is no better than one that is 325. Often, worse.
1.Watch William Friedkin’s1977classic, Sorcerer, set in Porvenir, a town meant to resemble Amerisco, Nicaragua where parts of the Trans–Caribbean pipeline were being built in the early 1970s as part of a partnership between StandardOil and the local governments. In real life, the sections built in Nicaragua were never joined to the rest of the (failed) pipeline project. Describe moments or factors in the film that illustrate the American firm’s (a very thinly–disguised fictionalized version of Standard Oil)’s attitudes toward the pipeline joint venture project.
2.Relatively recently, having been abandoned for years, this pipeline was revived as a project that will now carry both crude oil and natural gas. In what is called a reflex agreement, some countries (like Colombia and Nicaragua) will send gas and oil to Venezuela, which Venezuela will, in turn, export for hard currency, for a fixed period of time, after which Venezuela will send oil and gas to these countries. Why would countries agree to this front–loaded reflex period?
3.Would you classify an oil pipeline as a flow in the economic sense? How should we visualize trade when the trade relies on extremely expensive infrastructure not easily rerouted that joins the parties to the trade arrangement? What special factors might warrant consideration?
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