Economic development is the increase in the standard of living in a nation’s population with sustained growth from a simple‚ low-income economy to a modern‚ high-income economy.[1][2] Also‚ if the local quality of life could be improved‚ economic development would be enhanced.[3] Its scope includes the process and policies by which a nation improves the economic‚ political‚ and social well-being of its people. Economic growth is the increase of per capita gross domestic product (GDP) or other measure
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Science‚ Medicine and Technology What is sustainable development? Sustainable development has been defined in many ways‚ but the most frequently quoted definition is from Our Common Future‚ also known as the Brundtland Report:[1] Sustainable development has various definitions; a well-known definition is that of the Brundtland Report. According to the Brundtland Report‚ "Sustainable development is development that meets the needs of the present without compromising the ability of future
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International Business Management What are the advantages and disadvantages of international strategic alliances? How to select partners for cooperation? An International strategic alliance is typically established when a company or establishment decides to edge into related business or new geographic market especially one where the government prohibits imports in order to protect domestic industries. There are a number of advantages and disadvantages pertaining to international strategic alliances
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why countries engage in international trade This article at explaining why countries engage in international trade. Now days it is not uncommon to find that the main objective of a trade policy of almost all countries is to promote international trade. Countries have gone ahead to engage in trade negotiations all in the interest of enabling international trade. But then‚ why do countries engage in international trade? Why are there global attempts to liberalize international trade rather than promote
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International organisations World Bank World Bank is to provide aid to reduce poverty in the world. World Bank provides aid‚ in the form of money or technology‚ to help LDCs to develop economically and socially. The World Bank provides loans for LDCs at low or no interest. This loan can be used by the countries to improve their level of development‚ thought projects to improve sanitation and water supply‚ or to finance vaccination and immunisation programmes. For
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The International Marketer’s task is more complicated than that of the domestic marketer because the international marketer must deal with at least two levels of uncontrollable uncertainty instead of one. Discuss. Introduction Domestic marketing deals with any marketing activities within the boundaries of a nation. This should be directly contrasted with the term International marketing‚ which refers to all marketing activities that go beyond the confines of a domestic economy. For Zimbabwe
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Introduction International Organizations are attempting to target and eliminate child labour beginning by pinpointing the problem itself and understanding the reasons for it. UNICEF’s latest statistics from 2011 indicate that one in every six children aged five to fourteen are engaged in child labour in developing countries. The International Labour Organization (ILO) says there are over two hundred and fifteen million children working worldwide either part time or full time jobs. Furthermore
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under int law (Art 3&31) -General rules in ILC Articles may be overridden by specific agreements with different rules (Art 55) (a) General principles-Wrongful act and breach ILC Art 1: Every internationally wrongful act of a State entails the international responsibility of that State. - can be one or more actions; may be attributable to more than one state ** Can be an omission. Corfu Channel Case‚ it was a sufficient basis for the responsibility that the State knew‚ but did nothing to warn third
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Bibliography: "Finance & Development‚ December 2011 - Trade in East Africa." Finance and Development. Web. 27 May 2012. . "The Basic Analysis of a Tariff." The Basic Analysis of a Tariff. Web. 27 May 2012. . "The Dark Side Of The WTO." Investopedia. Web. 27 May 2012. http://www.investopedia.com/articles/economics/dark-side-of-the-wto
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Bachelor of Business Administration-BBA Semester 5 BB0024– Introduction to International Marketing - 4 Credits (Book ID: BO103) Assignment (60 Marks) Note: Each question carries 10 Marks. Answer all the questions. Q.1 Name and explain with suitable examples‚ three reasons why international marketing is more challenging than domestic marketing. [10 Marks] Ans: Following are the three reasons why International Marketing is more challenging than domestic marketing: 1. Inflation and
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