et al. • Devaluation and trade balance in Latin American countries Zb. rad. Ekon. fak. Rij. • 2009 • vol. 27 • sv. 1 • 115-128 115 Preliminary communication UDC 339.56(8) : 339.15.054.23 Devaluation and trade balance in Latin American countries* Huseyin Kalyoncu1‚ Ilhan Ozturk2‚ Seyfettin Artan3‚ Kahraman Kalyoncu4 Abstract The aim of this paper is to examine effectiveness of devaluation on the trade balance in four countries: Argentina‚ Brazil‚ Mexico and Peru. We use the Johansen-Juselius
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Advantages of Adulthood Adults have a plethora of advantages some of the more notable being the right to obtain a license to drive‚ to carry a weapon‚ and the right to gamble. These advantages come mostly at 18 although others such as renting a car and the right to legally drink come at 25 and 21 respectively. Some of these advantages are considered privileges and others are considered rights granted to us by the United States Constitution. When a U.S. Citizen reaches the age of sixteen and
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Page 7 On the same Track? MOZAIK 2004/1 Sören A S M U S The Conquest of Latin America: Europe and the External Other It has taken a long time to realise how the respective peoples perceived the encounter between people from Europe and people from Latin America. Enrique DUSSEL describes the process of encounter between the European conquistadores and the indigenous people of the Americas from a European point of view in six forms: Invention‚ Discovery‚ Conquest‚ Colonisation‚ Spiritual
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Advantages and disadvantages of Factory There are advantages and disadvantages of having a factory near or within the urbanize city. The important thing is you have to weigh the advantages and disadvantages of having such factory in the city or a place where there are lot of people live. Having a factory near the place is good for the people around because it generates job for the people. Aside from that they don ’t need to commute and spend a sum of money for the transportation. Indeed a lot
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Advantages of music Affecting the brain waves According to studies it has been proven that your brainwaves can get stimulated with strong beats. The stimulation takes place to resonate in sync with the beat. Sharp beats ensure sharp concentration and it can help you attain a meditative and calm state. Music and your heart rate: Due to alternations taking place in brainwaves‚ other bodily functions also get affected. Functions like heart rate and breathing that are controlled by the autonomic
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different from any other civilization. Mayan civilizations should be taught in schools because of their influence on today’s citizens‚ advanced technology and students should learn about another civilization that is really known but not taught in schools and so that people studying Mayans learn about the heritage. Today‚ the astronomical and technological advances came from the Mayan civilization. Astronomers from the Mayan civilization created calendars that are more accurate then those of modern
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Strength is basically what a company or a firm is good at or does better in order to be more efficient. And it might not necessarily be a competitive advantage but it becomes a basis to develop sustainable competitive advantages. Firms can assess which strengths have potential to be sustainable competitive advantage. A competitive advantage is what enables a business organization to thrive and to offer a superior service over and above its competitors. It is the objective of strategy and it is also
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compared to computer games especially to those who are addicted to this kind of electronic games. Many of us think that this so called “Electronic-sport” can hinder the good future of the young ones specially the students who are said to be the hope of the future‚ but still some says that it is also a way of life in which it helps in relieving stress. But what is the advantage and disadvantage of playing computer games? II. Statement of the problem - What are the benefits of playing computer
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Advantages of television: Positive: Literacy‚ Democratization of Information‚ Enrichment of Culture. In this era‚ also known as information age‚ Television plays significant role in disseminating information and shaping people’s opinions. Since its invention television has been used for several different purposes including‚ broadcasting information‚ imparting knowledge and providing entertainment masses. Television has a lot of positive effects on society and culture
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nature. We see water as not only a source for survival‚ but for entertainment and many more advantages as well. In summer there is nothing better than a glass of clean and refreshing water‚ and not to mention the fun that we have when running around the sprinklers and feeling the coolness of the water. However‚ do you ever imagine this all not being there anymore? Or imagine not being able to drink water from your own sink‚ not running around the sprinklers‚ and let’s not forget the splashing with
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