CHAPTER 5 The Balance of Payments and International Economic Linkages EASY (definitional) 5.1 A balance of trade deficit results in a current account a) deficit b) surplus c) IMF intervention d) World Bank loan Ans: c Section: Current account Level: Easy 5.2 The change in private domestic borrowing or lending required to keep payments in balance without adjusting official reserves is called a) the net liquidity balance b) the balance of payments c) the balance on current account
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CHAPTER 10 Measuring and Managing Translation and Transaction Exposure EASY (definitional) 10.1 ___________ a certain currency exposure means establishing an offsetting currency position so that the gain or loss from the exposure on the original currency is exactly offset buy the gain or loss from the currency hedge. a) Arbitraging b) Cross-hedging c) Hedging d) Risk shifting Ans: c Section: Alternative measures of foreign exchange exposure Level: Easy 10.2 Hedging cannot provide protection
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How does Alan Bennett express conflicting views about education through his portrayal of the four teachers in « The History Boys »? In this play‚ the author Alan Bennett wants to convince the audience that education can be approached in many different ways. In fact‚ through the characters of Hector‚ Irwin‚ Dorothy Lintott and the headmaster‚ he shows us that there is no “right” or “wrong” way of teaching. The first educator properly introduced to the audience is Hector‚ a rather unusual teacher
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The Dark Side of South African Culture South Africa is a very racially diverse country and as a result‚ went through a long period of racial struggle. Cry‚ the Beloved Country‚ by Alan Paton is a novel taking place in the 1940’s in South Africa that shows the struggles of a black priest named Stephen Kumalo. He travels from a region called Natal to the metropolis of Johannesburg in search of his sister and son‚ Absalom. Kumalo finds out that Absalom murdered the son of a white man named James Jarvis
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Novelist Alan Paton‚ in his book Cry‚ The Beloved Country taught his readers that one needs help from others to be able to recover. He showed this through the main character Stephen Kumalo who was frightened by the struggling of his family‚ who were struggling to make life better for themselves. Instead of fighting by himself he looked up for his brother’s support to overcome the fear. He delivered his message by altering the tone of the book whenever Kumalo felt down and used pathos to show Kumalo’s
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Beloved Country Cry‚ the Beloved Country‚ by Alan Paton‚ tells the story of Reverend Stephen Kumalo and his son Absalom and of their relationship as father and son. At the time the novel is set‚ many events are occurring: tribal societies are falling‚ urban cities are growing‚ and social injustices have become very common during this time. These events cause drastic changes in the live of these two men and many other characters in the novel. Alan Paton has a reoccurring motif throughout the whole
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references is evident in Alan Paton’s Cry‚ the Beloved Country. Against the backdrop of South Africa’s racial and cultural problems‚ massive enforced segregation‚ similarly enforced economic inequality‚ Alan Paton uses these references as way to preserve his faith for the struggling country. By incorporating Biblical references into his novel‚ one can see that Alan Paton is a religious man and feels that faith will give hope to his beloved country. Throughout the entire novel‚ Alan Paton continuously uses
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understand” before about the natives and is awarded with peace. (Alan Paton 214)
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people for their physical appearance. Africa sees racial injustices and knows how hard they hit. Racial barriers exist in Africa as they do in Alan Paton’s novel. The racial barriers hurt the people of Africa and touch every citizen’s life in some manner. The damaged people of Africa cannot protect their peers‚ for the racial barriers have disarmed them. Alan Paton uses tone to reveal the racial barriers in Africa‚ through his contemporary novel‚ Cry‚ the Beloved Country. Africa and her people grow weak
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defined as: - stop feeling anger toward (someone who has done something wrong) - stop blaming (someone) - stop feeling anger about (something) - forgive someone for (something wrong) - stop requiring payment of (money that is owed) Although Alan Paton’s novel‚ Cry‚ the Beloved Country‚ is centered around the apartheid in South Africa‚ he explores forgiveness and the choice to cast someone aside. Paton’s two main characters‚ James Jarvis‚ a white farmer‚ and Reverend Stephen Kumalo‚ a black
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