Explain‚ with the help of a diagram‚ how a government can maintain a stable foreign exchange rate. [8] For a knowledge and understanding of the influence of supply and demand in setting the foreign exchange rate. Up to 4 marks For application showing how a government can maintain a foreign exchange rate through intervention in the foreign exchange market. Up to 4 marks (6 marks maximum if no diagram provided A fixed exchange rate‚ sometimes called a pegged exchange rate‚ is also referred to
Premium Foreign exchange market Bretton Woods system United States dollar
ways and to what effect did local government intervene to ameliorate the adverse effects of industrialisation on the populations of towns and cities? Towns and Cities in the nineteenth century grew extremely quickly as vast numbers of people congregated in urban environment’s which were created as a response to rapid industrialisation‚ this developed problems such as poor public health. The problems that became apparent had to be dealt with and this gave rise to local governments being set up
Free City Urban area Town
analyze why foreign investment appear to be more productive than domestic investment and to give the advantages and disadvantages of a less developed countries dependency on foreign direct investment. The paper will start by giving the definitions for major concepts in the question. Secondly‚ a critical analysis of why foreign investment appear to be more productive than domestic investment will be given followed by advantages and disadvantages of a developing country dependency on foreign direct investment
Premium Investment Foreign direct investment
Student English 101 Sessions 11/27/12 High School Foreign Language Each year‚ high schools around the country waste money on unnecessary foreign language programs. Although learning a second language can help get a job‚ or help adapt to a new country that doesn’t speak English‚ if there was a choice‚ most students would not choose to take a foreign language class. Also‚ most students who take foreign classes just to acquire the credits to graduate and usually do not even end up using the
Premium Foreign language Language education Language
and it could destroy the tradition values and cultures of other countries. This essay‚ however‚ argues that even though globalization has been expanding more and more‚ traditions‚ local values and cultures will not be eroded. First of all‚ new ideas from other countries which are obtained via globalization will enrich local cultures. Secondly‚ a large variety of product will be brought to other countries‚ which encourages product diversity. Lastly‚ people can enjoy many kinds of entertainment from all
Premium Culture Film Television
measures that an entity adopts to: * safeguard assets * encourage adherence to company policies * promote operational efficiency * ensure accurate and reliable accounting records. It is either an administrative control or an accounting control Characteristics of an effective internal control system include: * Competent‚ reliable‚ and ethical personnel * Assignment of responsibilities * Proper authorisation * Separation of duties Internal Controls for e-Commerce
Premium Depreciation Balance sheet Expense
needed in developing nations‚ as stability is key to economic prosperity. However‚ intervention in the internal affairs of another nation may undermine the country’s sovereignty‚ rendering foreign intervention undesirable‚ as it does more harm than good from the standpoint of the developing nation. Foreign intervention in the form of humanitarian aid does more good than harm‚ as it hastens the restoration of infrastructure and provides the citizens with the necessities to tide over difficult
Premium United Nations Human rights
Tourism is one of the most effective ways of redistributing wealth‚ by moving money into local economies from other parts of the country and overseas. It brings income into a community that would otherwise not be earned. Economic benefits Economic benefits resulting from tourism can take a number of forms including: 1. Jobs Employment may be associated directly‚ such as tour guide or managerial positions; or in supporting industries like food production or retail suppliers. 2. Increased spending
Premium Tourism World Tourism Organization Local food
1. What is Local Government - “Municipal Government” is form of public administration which in a majority of context‚ exists as the lower ties of administration within a given state. It is generally ac within powers delegated to them by legislation or directives of the higher level of government. Local Government as Political Subdivision Are the local governments created by the states to help fulfill their obligations? Political subdivisions include countries‚ cities‚ towns‚ villages. A municipality
Premium Government District Local government
stunned financial markets on Dec. 19 when it said a document showing 3.95 billion euros ($5.07 billion) held by a Cayman Islands subsidiary was declared false by Bank of America. Company founder Calisto Tanzi subsequently said when questioned that the accounting hole was about 8 billion euros. He is among nine arrested so far in what U.S. regulators have called one of the world’s biggest corporate fraud scandals.” Allegations: Company’s total debt was more than doubled on the balance sheet. Forgery and
Premium Calisto Tanzi Bank of America Asset