recreation‚ but also the provision of services for this act. It might occupy local services such as entertainment‚ accommodation and catering for tourists. It may seem‚ that tourism brings only benefits‚ but further consideration shows that it also has disadvantages. According to Shirleyrader (2014) ‚ many countries depend heavily upon travel expenditures by foreigners as a source of taxation and as a source of income for the enterprises. Therefore‚ the development of tourism is often a strategy to promote
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reference to a court of law. With this‚ the controversial question regarding the advantages and disadvantages of arbitration over litigation has occurred by also bringing along two different perspectives as to the issue in question. There are some several major advantages that make arbitration a more desirable and preferable method as a dispute resolution rather than litigation. Although there are some disadvantages of arbitration that are needed to be taken in to consideration by parties before
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comparative advantage are less valuable than initially perceived for the development of a strong‚ competitive economy. The new type of development is one that involves the whole market and all institutions in the economy. Productivity is that component which creates a competitive advantage rather than a comparative advantage; the latter only addresses only the supply side of the market system and ignores demand‚ historical chance and the role of government. Indeed‚ the model of competitive advantage addresses
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good and bad. Tourism is a main source of income to developing countries. When tourists come to these countries‚ they usually spend foreign currency. These foreign exchange may help to increase developments in the country and thereby accelerates economic growth. Income from tourism in the form of foreign exchange earnings are added to the national income and this leads to improvements of infrastructure‚ public services‚ building of hospitals‚ schools and even hotels‚ which will in turn
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the economies of low- income countries‚ allowing them to grow more rapidly than developed countries. Foreign direct investment comes with its own costs and benefits‚ as the organization or business providing the funding is concerned with securing advantages in the nation in which it is investing. Business Sectors • Foreign investors may change the balance among types of businesses in a country. If investors from abroad decide that they want to invest in banks‚ rather than farms or manufacturing
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ADVANTAGES Plastic is very useful in the building and construction‚ electronics (laptops wouldn’t work well if they were made from glass)‚ packaging (gladwrap)‚ transportation industries. Very easy to make - water bottles‚ plastic bags‚ pens‚ cups etc etc The main advantages of plastic materials are also the reason why plastic is such a problem. It lasts forever and it is very cheap to make. When I say it last forever‚ I mean it does not biodegrade. There is a flotilla of plastic the
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The advantage and Disadvantage of Stereotype In recent days‚ the definition of “green tea bitch” has been widely spread all over the Internet. That article listed dozens of characteristics of the so-called “green tea bitch” such as always feigning innocence and speaking quietly. Then there follow various similar definitions like “black tea bitch” that insult people because of those poor stereotypes. When it comes to stereotype‚ most of us will conjure up numerous images in our minds: an elegant
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every people to make the living better. Nowadays‚ technology has advanced in tremendous leaps and bounds. We cannot imagine the world without technological advances such as computer‚ televisions‚ machines and so on. However there are some advantages and disadvantages of technology. First of all‚ technologies play a very important role in society because it makes life easier to live on and less time consuming. Technology has the ability to create shortcuts in working. People do not have to do all
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Internet while still young in age has grown rapidly‚ spreading to countries world wide and connecting 50 million users. With its popularity‚ it is incumbent upon our society to recognize how the Internet works and to be aware of its advantages as well as disadvantages. While seemingly high tech the Internet concept is rather simple. Computers speak to one another and send information. This is accomplished by sending and receiving electronic impulse‚ and then decoding them into a message. In order
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COMPUTER – ADVANTAGES AND DISADVANTAGES Almost every home‚ office‚ or school has a computer of some kind these days. The word ‘computer’ comes from ‘computing’ i.e. calculating. They can do complicated sums very quickly. We can play games‚ draw pictures and even make sound and music on them. Computers can be used to keep records of diaries‚ slides‚ recipes‚ songs or any information which we want to store and get back sometime later in some form. We can link computers together to share information
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