One advantage of economic globalisation comes from the free trade. “Two nations can benefit from free trade by specializing in producing those products in which they enjoy a comparative advantage” (Case & Fair 2004‚ p.716). A country enjoys a comparative advantage in the manufacturing of a good if the production has a lower opportunity cost than it would have if produced in other country. When specialization takes place in a production‚ the production will become more efficient. It is due to research
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What are the advantages and disadvantages to outsourcing in the global marketplace? In these times of great globalization where many countries have erased their borders when it comes to trade outsourcing has become an option for many companies. Whether or not to outsource is a key question that companies must consider. According to the Pros and Cons of Outsourcing‚ “The decision to outsource or not is a matter of finding the right balance-the balance between managing labor costs‚ workflow‚ employee
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surrender. Advantages – 1. Would had led to the Japanese surrender 2. Gained full control over Japanese Disadvantages – 1. Put troops‚ pilots‚ and sailors at risk 2. More Japanese people would have died than in the two atomic raids Option #2 –By demonstrating the atomic bomb it would have shown the Japanese they faced total destruction if they did not surrender. Advantages – 1. Thousands of Japanese would have had to die 2. Us would have not lost a number of troops Disadvantages – 1. The atomic
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Assess the Advantages and Disadvantages of Official Statistics Official statistics are quantitative data produced by local and national government bodies‚ and can cover a wide range of behaviour including births‚ deaths‚ marriages and divorce‚ income‚ crime‚ and work and leisure. Official statistics can be produced as a by-product of the normal workings of a government department‚ but they can also result from research designed specifically to produce them. Two main sources of official statistics
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NBN advantages and disadvantages NBN (National Broadband Network) in Australia has wide area and largest infrastructure which has great option for business in public and private sector. With NBN the internet connection is very fast and accurate. With this advantage mobile doctors can easily send data to medical centre for further treatment of patient. By this patients are consuming there time and has fast and easy access with doctors for their better health. Centre has the advantage of delays in
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The advantages and disadvantages of studying overseas Nowadays‚ there are many people continue studying outside the country. They think that educations in other countries are better than in their own country. In my country‚ Malaysia‚ many students continue their studying abroad. Some of them are sponsored by either government or private institution. Australia‚ the United Kingdom‚ Ireland‚ Egypt‚ The United States of America and Indonesia are the most popular destinations for Malaysian students.
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Advantages: Information technology (IT) benefits the business world by allowing organizations to work more efficiently and to maximize productivity. Some of the advantages that IT can have on our enterprise are given as following. 1. Storage: Information technology creates electronic storage systems to protect our company’s valuable records. 2. Automated Process: In business‚ people look for ways to do more work in a shorter amount of time. IT improves our company’s efficiency by developing
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Conventional Bombing on Japan. Advantages – Japan had lost WWII in 1945. 1. Japan had to choose between surrendering and fighting and they chose to fight. 2. The United States knew that Japan was not going to win the war. Disadvantages – Truman made an atomic bomb to kill in large amounts. 1. Truman invaded Japan and dropped an atomic bomb on the Japanese city. 2. The firing bomb attack killed more than 80‚000 people in Tokyo. Option #2 – Japans ground invasion. Advantages – The Japanese did not surrender
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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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specified as moving from one’s own country to another. Intense global migration did not used to be very common; however‚ these days it has become an unquestionably frequent phenomenon. As many issues are attached‚ there are numerous both disadvantages and advantages of this reality. To begin with‚ there is a variety of reasons which motivates people to leave their native country. The most common is a desire for a better financial position. Furthermore‚ different factors might be‚ for instance‚ natural
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