COMPARATIVE METHOD (COMPARISON APPROACH) Principle 1. The subject property is compared to similar properties that have recently been sold for capital value‚ or rented for rental value. 2. The underlying assumption is that if the subject property had been in competition with the comparable property‚ and‚ appealing to the same class of purchaser‚ it would have been in the same market and would have fetched the same price. 3. The principle of substitution is thus intrinsic to this approach
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the theory of comparative advantages‚ does international trade always benefit the lower income group in a poor country? Who do they trade with? Who are the poor countries? Define by using GDP per capita (usual gauge). Thus China can be considered as a poor country. Among the poorer group‚ they are richly endowed in labor. Poor countries tend to have more workers than machines. They’re comparative advantage lies in their labor industries. According to theory of comparative advantage‚ the
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Explain why you are applying to the Chevening programme and describe the personal‚ intellectual and interpersonal qualities that make you well placed to be a future leader in your home country. Initially my greater desire to pursue physics has leaded me to the field of civil engineering. More importantly wanting to contribute to the ever-growing infrastructure and construction field I was witnessing in the Gulf Area. As a trusted member of my class council and through participation in Engineering
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There are multiple causes of trade that are discussed in terms of gains from trade. Following World Trade Report (WTR) (2008) categorisation‚ there are gains from trade which result from trade in accordance to traditional theories of trade‚ such as Ricardian model and Heckscher-Ohlin (H-O) model‚ from trade according to “new” trade theories‚ which focus on economies of scales and imperfect competition‚ as well as from trade in accordance to “new-new” trade theories‚ which explores the gains from
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Alexus Jenkins-Reid Dr. Vomda Reed Principles of Biolo114-01 9/24/11
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MOSHOOD ABIOLA POLTECHNIC‚ ABEOKUTA INDUSTRIAL RELATIONS THE CONCEPT‚ THEORIES‚ PARTIES‚ PROCESS AND ISSUES IN INDUSTRIAL RELATIONS BY SHONDE YEMI EMMANUEL 11120003 Hnd ii business administration (part time) Lecturer In charge; MR AKINTUNDE Feb. 2013 CONCEPT OF INDUSTRIAL RELATIONS The term Industrial Relations comprises of two terms: industry and Relations. Industry refers to any productive activity in which an individual (or a group
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Liberal Studies - Revision notes Module 1 – Personal Development and Interpersonal Relationships 1. self concept – academic achievement‚ body image‚ personality‚ identity 2. self-esteem – ideal self‚ actual self‚ self defence mechanism 3. Maslow’s hierarchy of needs A. physiological needs B. security C. affiliation D. self-esteem E. self-actualization – life goal 4. intellectual/cognitive development – independent thinking‚ rebellious behaviour‚ anti-social behaviour‚ juvenile delinquency
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Fair Trade: Consumerism for Global Justice Introduction The Fair Trade movement is rapidly becoming an emerging and dynamic strength to respond to the negative influence of globalization‚ or rather‚ to the contemporary international trade injustice. While on the other hand‚ there is criticism on fair trade‚ claiming that fair trade is not fair and it goes against free market theory. This term paper aims at introducing the development of fair trade‚ justifying its economical and ethical significance
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I’ve finished reading Sherman Alexie’s The Absolutely True Diary of a Part-Time Indian. There were several happy endings in this part but my favourite was when Roger figured out who he was and did something different than the kids at the reservation. He was unique and decided to prove to himself that he was unique and could become a “somebody” in this world regardless of his race. He also took the risk of going to an all white school and lost his best friend. However he learned that he could have
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1. Explain the legal status and principles of the EYFS‚ and explain how the curriculum is used in your setting. EYFS is a mandatory for all companies and schools which provide early years education. It involves some learning and development requirements as well as safeguarding and welfare. The Order of the Childcare Act (2006) establishes the requirement in regard with the learning and development area. In the other hand‚ the requirements of safeguarding and welfare are laid down by Regulations
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