now is divided into develop and develop and developing countries. The one who achieved the process countries are those which are in the process of development. (Ashwath Komath‚ April 19‚ 2010). According to (Andrew Page‚ 2005) Foreign Aid or Official Development Assistance (ODA) is a transfer of resources on concessional terms which are undertaken by official agencies. Mostly‚ the countries that receive foreign aid are usually developing countries. Poverty is the main focus of giving the foreign aid
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spending. The increase in spending is meant to add a flow of money into the economy to stimulate growth. By borrowing money‚ governments feel that the positive returns outweigh the negative returns and seek to reverse the effects of a recession. Advantages to deficit spending are the long term effects of the money spent appropriately. Individuals with the same access to borrowing large sums of money would be faced with spending
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Advantages and disadvantages of living abroad As we know‚ today there are about six billion people in the world. All of them live in different countries and have diverse cultures. Some countries have become well developed‚ while others haven’t as yet. For this reason‚ some people want to go to well-developed foreign countries to live more comfortably and earn more money. Living in a foreign country has many advantages‚ but it also has some disadvantages. One of the main advantages of living
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Whenever one decides whether studying oversea or stay in his country‚ he has to think carefully about what he could gain and what he will have to pay if he chooses one option. Believe it or not‚ studying overseas has it own advantages and disadvantages which must be closely observe before making decision. No one could deny that studying overseas gives us so many good things which hard to name all‚ but we could list some of them. Firstly‚ we could have an opportunity to study in advance education
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in the economic development of countries. Although FDI began centuries ago‚ the biggest growth has occurred in recent years. This growth resulted from several factors‚ particularly the more receptive attitude of governments to investment inflows‚ the process of privatization‚ and the growing interdependence of the world economy. Foreign direct investment (FDI) occurs when a firm invests directly in facilities to produce and/or market a product in a foreign country (charles w.l.hill‚ "International
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with playing video games and it still keeps going in that way.But for years people asking this question.’Do video games are bad or good?’ One of the advantages of playing video games is improving your vocabulary.Most games are online now and you can’t do anything without making a contact with other players.These players are live in another countries and the only way to communicate with them is using a common language.90% this is English.I’m playing video games and i can say that video games really
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There are advantages and disadvantages in every war that can either be minute details or change the whole course of the war. In the Revolutionary war‚ there were many advantages and disadvantages of either side. America and Britain both had different things working for them or against them‚ many of these things were very significant by the end of the war. Although both sides had various advantages and disadvantages‚ America’s advantages outweighed those of the British. In the war‚ America had
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The Advantages and Disadvantages of the Stimulus Package Competition will be fierce for a piece of economic stimulus package pie. After all‚ this bail out is directly the result of a credit system in crisis from overextension of subprime lending. Too many American families are facing mounting piles of debt‚ job loss‚ and possibly the foreclosure of their home and business. Surveys of taxpayers show the expected uses of the tax rebate to be paying a bill/debt‚ beefing up a meager or depleted savings
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The advantages and disadvantage of social networking Nowadays‚ social networking is a part of everyday life and it brings revolutionary changes in communication between people. Social networking has a lot of advantages and disadvantages. Some advantages are allow us to communicate with our family‚ friends and relatives‚ obtain the latest news and help us to do our work easily. However‚ some disadvantages are teenagers may become addicted to social networking and a lot of unreliable information
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ADVANTAGES AND DISADVANTAGES OF MOBILE PHONES ADVANTAGES AND DISADVANTAGES OF MOBILE PHONES Mobile phones are used all over the world for different purposes. In this essay‚ we will be looking at the advantages and disadvantages of using mobile phones. Dr Martin Cooper is considered the inventor of the first portable handset and the first person to make a call on a portable cell phone‚ in April 1973. This portable phone had numerous features never seen before. It revolutionised communication
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