the principle of comparative advantage‚ and modern trade theory? Explain. The article shows us how India diversified its economy by creating new avenues of trade when its manufacturing market took a dive nose. India saw there was a need in the international market for outsourcing‚ call centers and engineering talents and it took advantage of it by harnessing its labor abundance to provide them with a competitive advantage.. A country has the comparative advantage of producing a good if the opportunity
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BIOLOGY 101 COURSE SYLLABUS FOR FALL 2012 Course Description Biology 101 is the first of a two-semester introductory course sequence designed primarily for science majors. It covers some central concepts in biology. Topics include molecules‚ cells‚ enzymes‚ photosynthesis‚ cellular respiration‚ cellular reproduction‚ genetics‚ and biotechnology. The laboratory includes basic laboratory skills such as safety‚ microscope use‚ and measurement‚ and it reinforces topics discussed in lecture
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The Advantages of Smartphones Long time ago‚ people had to write a letter to communicate with each other and they sent it by pigeon post or messenger. Some of people wanted to make it easier. Therefore‚ they made some inventions such as telegraph‚ radio‚ telephone‚ and the newest is mobile phone. Now‚ Mobile phone has become an important thing for people. In fact‚ some of them consider that mobile phone is a part of their life because it supports their daily activities. They need it to keep connecting
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Advantages: Theoretically‚ there are many benefits that can be achieved through a communist society. Communist ideology supports widespread universal social welfare. Improvements in public health and education‚ provision of child care‚ provision of state-directed social services‚ and provision of social benefits will‚ theoretically‚ help to raise labor productivity and advance a society in its development. Communist ideology advocates universal education with a focus on developing the proletariat
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What is the difference between principles-based accounting and rules-based accounting? Almost all companies are required to prepare their financial statements as set out by the Financial Accounting Standards Board (FASB)‚ whose standards are generally principles-based. Recently‚ there has been much debate on whether principle-based accounting would be more efficient than the popular rules-based accounting - especially in response to accounting scandals‚ such as Enron and Worldcom‚ the current way
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are achieving rapid income growth than ever before‚ and developing countries are rising in the ranks of the world’s largest economies. The rise of the emerging economic powers will reshape the world economy. GDP projections for the G20 nations – based on anticipated labor force growth‚ rates of investment and the speed of technological change – indicate that the global economy will more than triple in size by 2050. China‚ the United States and India – in that order – will emerge as the largest economies
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Introduction and needs of future trends The logistics industry faces a number of particular challenges when it comes to sustainability. For many years now‚ providers of logistics services have been closely integrated into their customers’ production processes. Businesses and governments also carefully weigh logistics in their investment decisions. The logistics industry itself is not just responsible for ensuring that the right product reaches the right place at the right time. It is also
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The Advantages of Computer Technology in Second Language Accession Inspired by the rapid development of technology from the 1980s‚ computer has now become an influential component of second language learning pedagogy. Educators recognize that utilizing computer technology and its attached language learning programs can be convenient to create both independent and collaborative learning environments and provide students with language experiences as they move through the various stages of second language
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Introduction There are two based types of accounting measurement to determine the profit. They are cash basis and accrual basis. Business can use either a cash basis or accrual basis to work there profit. However‚ most of the company prefers to use accrual basis instead of others. In this essay‚ I will compare the difference between cash basis and accrual basis on expense and revenue. In addition‚ how can company choose their measurement of profit will also be discussed. Cash basis & accrual
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Short introduction to AI: Artificial intelligence (AI) is the branch of computer science that aims to create intelligent machines. There are many different fields where AI is used and many different implementations of it. Advantages: -AI can accomplish tasks that to complex and too dangerous for humans (example: Mars-Mission curiosity)‚ disarming bombs -for tasks that humans don’t want to do (youtube porn rejection‚ violent scene recognition) -as they are machines there is no need for sleep
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