What is the theory of comparative advantage? What is the theory of comparative advantage? International trade began at long time ago and it influences our life and economic. The reason why people have motivation to trade to others countries are because: the theory of comparative advantage‚ the imperfect markets theory and the product cycle theory. The idea of comparative advantage has been first mentioned in Adam Smith’s and then it was studies deep and detail by David Ricardo. In his opinion‚
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obtained from questionnaires lack validity‚ as the little or no contact between the researcher and the respondent and there is no way of knowing if they both interpret the questions and answers in the same way. There are many advantages to questionnaires‚ the main advantage being on the practical side. Questionnaires are quick‚ easy and cheap to run and conduct. There is also no need to teach or train researchers and interviewers. They gather up all the information they have collected together from
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Yonsei University Graduate School of Business Corporate Finance Harvard Business Case Investment Analysis and Tri Star Lockheed 1. (A) The payback is 35‚000/5‚000= 7 years Computation of the NPV : 15 NPV= -35‚000 + Σ 5‚000 / ( 1 + 12%)^ 15 i=1 NPV = $- 947. 67 Computation of the IRR : 15 0= -35‚000 + Σ 5‚000 / ( 1 + IRR)^ 15 i=1
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Analysis 1 Randy Murphy NT2670 Advantages and Disadvantages of Windows Server 2008 Server Core and Virtual Servers Benefits Windows Server Core offers a number of benefits‚ regardless of its intended use reduced maintenance. By default‚ a Windows Server Core system has very few binaries installed. When a role is added‚ only the components that
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segregation in social class. According to him‚ the relationship between the workers and the capitalists are basically hostile. It is primarily attributed to the people’s diverse and conflicting interests. The proverb‚ “One man’s loss is another man’s gain” is relevant to the worker-capitalist relationship. For instance‚ low wage means a worker can only afford to buy necessities. On the other hand‚ an owner can use the profits he earns (for the work made by the worker minus the worker’s low salary) to
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Socialists gained power and created a totalitarian dictatorship in Germany. They were able to gain appeal and political power by using methods such as propaganda posters‚ speeches‚ and jobs. One of the ways Hitler and the Nazi Party gained appeal and political power was through propaganda posters. Propaganda is information used to promote or publicize a particular political cause or point of view. He used this to gain power because
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‘To what extent did the WSPU (Suffragette’s) help women gain the vote in Britain?’ Discuss. The Suffragette’s campaign resulted in the decimation of their cause and the prevention of the act being passed through. Their militant campaign delayed the vote and made even the thought of the act unrealistic. This is displayed by the lost supporters‚ the damage to property and people though militancy and how they provided the government with a valid refusal reason. It is clear to see that the militant
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How did the Gang of Four gain power in China? The Gang of Four came into power in when Wu Han’s play‚ Hai Rui Dismissed from Office‚ was banned because of the investigation started by Jiang. The investigation resulted in a public condemnation of the play‚ resulting in radical uprisings for the arts establishing the Cultural Revolution. Thereby allowing the Gang of Four to advance to high positions in the government and the CCP‚ giving them control. Who were the Gang of Four? Jiang Qing‚ Wang Hongwen
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whole people... Propaganda works on the general public from the standpoint of an idea and makes them ripe for the victory of this idea."--Adolf Hitler. These words showed Hitler’s awareness of the importance of propaganda--a means that helped him to gain support from the people. The fact that Hitler became chancellor in 1933 gave the Nazis more freedom and opportunities to use propaganda to spread their ideas of National Socialism. In 1933‚ the set up of the Reich Chamber of Commerce gave Nazis the
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Topic: A lot of people use the internet to communicate these days. What are the advantages and the disadvantages? Nowadays‚ people use the internet to communicate daily. Today‚ internet has become the most important tool for man. Advanced technology allows people to communicate even at the opposite ends of the world. However‚ like every single innovation in science and technology‚ the internet has its advantages and disadvantages. Internet can be used to send messages‚ also known as emails‚ to
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