Balance of payment (page 161) Visible and invisible trade: Goods and services which are sold overseas are called EXPORTS. Those which are bought from other countries are called imports. Economies distinguish between visible trade and invisible trade. Visible trade: buying and selling of physical goods Invisible trade: exchange of services such as e-commerce and credit sales. Balance of trade: visible exports - visible imports Balance of payments: a BOP is a record of all transactions
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EFFECT OF FOREIGN AID IN KENYA 1. Introduction Foreign aid is usually associated with official development assistance‚ which in turn is a subset of the official development finance‚ and normally targeted to the poorest countries (World Bank‚ 1998). Foreign aid represents an important source of finance in most countries in sub-Saharan Africa (SSA)‚ where it supplements low savings‚ narrow export earnings and thin tax bases. In recent years the donor community has become more stringent about fiscal
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Visual Sensory systems Visual sensory systems rely on electromagnetic (EM) waves to give an organism more information about its surroundings. This information could be regarding potential mates‚ dangers and sources of sustenance The human visual system involves communication between the eye and the brain to represent external stimuli as images. The human visual system gives the human body the ability to see our physical environment. The system requires communication between its major sensory organ
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Ecocriticism is the study of literature and environment from an interdisciplinary point of view where all sciences come together to analyze the environment and brainstorm possible solutions for the correction of the contemporary environmental situation. Ecocriticism was officially heralded by the publication of two seminal works‚[citation needed] both published in the mid-1990s: The Ecocriticism Reader‚ edited by Cheryll Glotfelty and Harold Fromm‚ and The Environmental Imagination‚ by Lawrence Buell
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Literature (from Latin litterae (plural); letter) is the art of written work. The word literature literally means "things made from letters". Literature is commonly classified as having two major forms—fiction & non-fiction—and two major techniques—poetry and prose. Literature may consist of texts based on factual information (journalistic or non-fiction)‚ a category that may also include polemical works‚ biography‚ and reflective essays‚ or it may consist of texts based on imagination (such
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individual. In the past years ‚ many educational laws and policies were enacted. Nonetheless ‚ several problems or issues still arise. In 2012‚ a new reform was established‚ namely‚ the K to 12 program . This program has two additional years in the basic education. The overall objectives of the K to 12 program are pertinent and beneficial to the growing demands of this present era . 1 Antonio Isidro‚ Trends and Issues in
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Four Basic Functions of Management By LaToyeM1‚june 2008 | 3 Pages (642 Words) | 12694 Views List and explain the four basic functions of management and provide an example of how a manager would use each function in their work. In order to be a good and effective manager one must possess four basic characteristics. He or she must be able to plan‚ be organized‚ have good leadership skills‚ and have control of their work environment. Management is explained by Robbins & Coulter (2007)‚ as someone
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Sir‚ To understand how the Basic Industries has achieved its return on equity over the past ten years‚ I have prepared Du Pont Analysis (Exhibit I). Return on Equity (without minority interest) has declined from 16.04% in 1985 to 17.47% in 1994. The main reason for the decline seems to be fall in Return on assets from 8.26% in 1985 to 6.87% in 1994. Therefore‚ Basic Industries has not been able to utilize its assets properly to produce its earnings. The fall in Return on Asset has been to an extent
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Literature has had a major impact on the development of society. It has shaped civilizations‚ changed political systems and exposed injustice. Literature gives us a connection to others through the emotions it creates. It can instigate and bolster whole social issues with nothing but words. Even though countless people do not even realize‚ literature has shaped and molded our society. Literature is something used every day to learn and improve intelligence. Textbooks used in school‚ even though
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DISTINCTIVELY VISUAL – MAESTRO QUOTE FROM TEXT p 11. ‘The moths …soft‚ powdery bats. And the bats …were foxes. Even our garden lawn…like some lush‚ green five o’clock shadow.’ P 13. “Without warning‚ my father reached across and seized me violently by the shirt‐front.” TECHNIQUE(S) Simile “like lush‚ green five o’clock shadow” Metaphor :soft powdery bats” Word choice ‘violently’; short sentence; metaphor EFFECT ON MEANING Creates the sense of Darwin being an exotic world that is larger than life…everything seems
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