important cause of globalization is related to the international market integration. The major impact on this process has had the appearance of the European Union by Maastricht Treaty in 1993. Peace‚ prosperity‚ stability‚ economic and social progress towards nations and individuals were the main objectives of the EU creation (BBC‚ 2002; Europa‚ n.d a). After twenty years of cooperation different disputes about the benefits and disadvantages of the EU membership for a nation came up. Based on history
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firm invests directly in facilities to produce and/or market a product in a foreign country (charles w.l.hill‚ "International business"). FDI takes on two main forms; the first is a green-field investment‚ which involves the establishment of a wholly new operation in a foreign country. The second involves acquiring or merging with an existing firm in the foreign country. On the other hand‚ FDI is divided into two kinds; horizontal FDI (market-expansion investments) which is investment in the same
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ADVANTAGES AND DISADVANTAGES OF USING INTERNET In the history of mankind‚ the Internet is the greatest development in the domain of communication industry. Internet has tremendous potential and a lot to offer in terms of services. We can notice advantages and disadvantages of using Internet. In the beginning we can indicate some advantages. At first‚ Internet is a source of information. There is a huge amount of information available on the Internet for just about every subject known to man‚
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Write about disadvantages and advantages of the city life I was born in the countryside and i lived there in all my childhood‚ so my dream is to live in the city! I think everything in the ciy is perfect. But when i grow up‚ i realize that something is not right as i thought before. Life in the city can bring you a lot of advantages and disadvantages. Now‚ i ’d like to talk about advantages. First‚ city is political and economic center of the country‚ so it will provide you with better conditions
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eliminated among the participating states. Advantages of Trading Blocs The main advantages for members of trading blocs are as follows: 1) Free trade within the bloc: Knowing that they have free access to each other’s markets‚ members are encouraged to specialize. This means that at the regional level there is a wider application of the principle of comparative advantage. 2) Market access and trade creation: Easier access to each other’s markets means that trade between members is likely
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Nowadays information is accessible to almost everyone in this world. We can exchange ideas and broaden our horizon with the help of the means of communication & Media such as comics‚ books‚ radio‚ television‚ film or theatre. However‚ I believe not all these provide good quality information and I will try to analyze them. First of all‚ I would like to compare two ways of broadcasting information‚ namely TV and books. In my opinion‚ books are much more useful than Tv is and I believe there are
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Virtually any medium can be used for advertising. Commercial advertising media can include wall paintings‚ billboards‚ street furniture components‚ printed flyers and rack cards‚ radio‚ cinema and television adverts‚ web banners‚ mobile telephone screens‚ shopping carts‚ web popups‚ skywriting‚ bus stop benches‚ human billboards‚ magazines‚ newspapers‚ town criers‚ sides of buses‚ banners attached to or sides of airplanes ("logojets")‚ in-flight advertisements on seatback tray tables or overhead
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Prohibition in the United States‚ also known as The Noble Experiment‚ was the period from 1920 to 1933‚ during which the sale‚ manufacture‚ and transportation of alcohol for consumption were banned nationally[1] as mandated in the Eighteenth Amendment to the United States Constitution. Under substantial pressure from the temperance movement‚ the United States Senate proposed the Eighteenth Amendment on December 18‚ 1917. Having been approved by 36 states‚ the 18th Amendment was ratified on January
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The computer is one of the most important inventions in the 20th century‚ which has changed our lives since it was first introduced. It is undeniable to say that the computer has resulted in both positive and negative effects which must be addressed accordingly. To begin with‚ the computer has contributed to our lives in many beneficial ways. The main use of computers is to help us store and organize information even tons of files within hard disk drives. Thanks to the advancement in technology
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Chromium is used to regulate glucose in the blood stream and slows down the rate of calcium loss. It is also recommended for muscle building and fat burning. Due to its benefits it is used by patients suffering from diabetes or menopause.There are many risks of chromium‚ some include kidney‚ liver and nerve damage. It may also cause irregular heartbeat. Chromium should not be used by pregnant women‚ people with mental illness‚ and people with kidney disease. Though chromium is used for many medical
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