that comes into mind is perhaps football‚ coffee or dancing. You might not think of it as one of the world’s fastest growing economies; one of the BRIC nations‚ [Brazil‚ Russia‚ India and China] recognised by Goldman Sachs in 2003‚ as one of four countries with the potential to become some of the world’s largest economies by 20501. As of 2009‚ Brazil is the 8th largest economy by nominal GDP‚ and in terms of Power Purchasing Parity‚ or PPP.2 Economic growth in Brazil has been significant over the past
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Economies of Scale * This is the cost advantage that a business obtains due to expansion. * That is the factor that cause the average cost of producing a product to fall‚ as output of the product rises as explained in the ‘Dictionary of Economics’. * By achieving economies of scale‚ a company would have the cost advantage over its existing and new rivals. * Further‚ the company could achieve lower long run average cost (i.e. productive efficiency). But if technology changes‚ this
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盈富基金 Tracker Fund of Hong Kong 股份代號 : 2800 網 址 : www.trahk.com.hk Stock Code : 2800 Website : www.trahk.com.hk 二零一二年年報 Annual Report 2012 二零一二年一月一日至二零一二年十二月三十一日 1st January 2012 to 31st December 2012 Tracker Fund of Hong Kong Annual Report 2012 Contents Statement of Responsibilities of the Manager and the Trustee 2 Report of the Trustee to the Unitholders 3 Independent Auditor’s Report 4 Statement of Net Assets 6 Statement of Comprehensive
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COMMUNICATION ASSESSMENT FILE Topic:- CHANGING TRENDS- NEW AGE ADVERTISING CHANGING TRENDS- NEW AGE ADVERTISING Advertising is a form of communication intended to persuade its viewers‚ readers or listeners to take some action. It usually includes the name of a product or service and how that product or service could benefit the consumer‚ to persuade potential customers‚ to purchase or to consume that particular brand. Different types of media can be used to deliver these messages‚ including traditional
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Need For Nature In a world where kids are getting infected by the virus that is the dependency on technology at a younger and younger age the incorporation of nature into the public school curriculum is undoubtedly needed. The experience of having nature be greatly involved in my education since a young age has made me aware of all the benefits that this brings to the academic skills of children.As a young child from the ages of 0-8 I lived in a very rural part of Mexico where nature formed
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a parliamentary system‚ proportional representation and universal suffrage. The Prime Minister serves as head of government and the Knesset serves as Israel’s unicameral legislative body. Israel has one of the highest life expectancies in the world. The economy‚ based on the nominal gross domestic product‚ was the 41st-largest in the world in 2010‚ with a very high standard of living‚ which is the highest in the Middle East. Israel’s financial centre is Tel Aviv‚ while Jerusalem is the country’s most populous
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been analysed by economic or political aspects. However “the polity is much more influenced by economic developments than many political scientists have admitted‚ and the economy is much more dependent upon social and political developments than economists in general have appreciated” (Gilpin‚ 2010 : 25). Therefore‚ Political economy combines political and economic theory to evaluate states and societies. In addition regional studies give a chance to concentrate on one item deeply in a huge international
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Economy of India (An Overview) Contents |Ser |Topic |Page No | |1. |Introduction |2 | |2. |Overview |2-3 | |3. |History
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planet we call earth. The country is so beautiful that their main source of income is tourism. Jamaica’s economy is extremely dependent on services‚ which is nearly 80% of their GDP. Not only does Jamaica depend severely on outsiders visiting the country but the economy faces challenges in growth of its economy. Problems such as high crime‚ corruption and unemployment is bringing Jamaica’s economy to an all-time low‚ as their debt to GDP ratio is more than 140%. To fix this problem the Jamaican government
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Asia is experiencing a great deal of growth‚ with an increase in GDP by about 5.5% over 2012‚ and an estimated increase of about 6% in 2013. While very modest compared to Asian standards‚ it is “enviable by world standards. Asia will remain the Global leader in growth‚ expanding over 2 percentage points faster than the world average next year‚” according to Anoop Singh‚ head of the Asian and Pacific departments of the International Monetary Fund (IMF) (“Growth in Asia‚ 2012‚ p.1). One country
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