...Introduction Two Swedish economists Eli Heckscher (1919) and Bertil Ohlin (1933) laid the substantial developments on David Ricardo’s theory of comparative advantage by focusing on the relationships between national factor endowments and commodity trade patterns. Though there have been some attempts to use the Heckscher-Ohlin theory, it seems invalidity in most real-world international trade patterns. In order to evaluate the validity of the Heckscher-Ohlin theory in today’s environment, pros and cons of the statement are illustrated as following. In pro terms, this theory is a simple international trade model with only two nations, two products and two factors of production based on the similar technology. Because of its simplified assumption, the Heckscher-Ohlin theory can be easily applied to analyse theoretical patterns. However, some assumptions proposed in this theory such as the similar technology, constant return to scale, the same demand condition limit its range only to some particular regions, therefore, it seems very hard to apply this theory in many practical terms. In summary, today’s international trading environment is various and complicated, thus this over-simplified theory cannot be sufficient as a good predictor. The purpose of this paper is to examine the Heckscher-Ohlin theory to analyse whether it is a good predictor for international trade in today’s environment. In order to do this, I will describe the content of this theory and then ilustrate...
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...SpringerBriefs in Physics Editorial Board Egor Babaev, University of Massachusetts, USA Malcolm Bremer, University of Bristol, UK Xavier Calmet, University of Sussex, UK Francesca Di Lodovico, Queen Mary University of London, London, UK Maarten Hoogerland, University of Auckland, New Zealand Eric Le Ru, Victoria University of Wellington, New Zealand James Overduin, Towson University, USA Vesselin Petkov, Concordia University, Canada Charles H.-T. Wang, The University of Aberdeen, UK Andrew Whitaker, Queen’s University Belfast, UK For further volumes: http://www.springer.com/series/8902 Péter Hraskó Basic Relativity An Introductory Essay ´ Emeritus Professor at University of Pecs, Hungary 123 Péter Hraskó University of Pécs H-7633 Pécs Szántó Kovács János u. 1/b Hungary e-mail: peter@hrasko.com ISSN 2191-5423 ISBN 978-3-642-17809-2 DOI 10.1007/978-3-642-17810-8 Springer Heidelberg Dordrecht London New York Ó Péter Hraskó 2011 e-ISSN 2191-5431 e-ISBN 978-3-642-17810-8 This work is subject to copyright. All rights are reserved, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilm or in any other way, and storage in data banks. Duplication of this publication or parts thereof is permitted only under the provisions of the German Copyright Law of September 9, 1965, in its current version, and permission for use must always be...
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...that they produce. The culture and traditions that exist in the environment around the authors will indirectly affect the view and opinion of the authors of a phenomenon. It is commonly made the literary work written by an author certainly has a relationship with the writer, and usually it is described the author implicitly. Therefore, it is attracted the attention of the writer to find out the relationship between the authors of Khotbah Di Atas Bukit with the novel itself. According to Pope there are two rules of judgment or criticism. There are page and age. Page means also contextual or intrinsic that contain on the book. And age can call the extrinsic of the contain on the book or we can say with the feeling of the authors. At this essay, the writers want to discuss of the use of extrinsic which is contained in the novel that is associated with thinking, and culture of the author. As has been described previously, the culture of the authors...
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...the modern society which claims to be liberal and advanced in its thought and action. In a society which claims that its mothers are educated today and have `Devis` like Durga, Kali, Saraswati , Lakshmi etc whom not only women but men also pay obeisance , differentiate between a male child and a female child. All the propagandas of equality between male and female, equal opportunities to women in all the fields are belied. Dattani’s deep preoccupation with gender issues leads to the emergence of the idea of the twin side to one`s self –quite literally embodied in one body and the separation that follows Mahesh Dattani mentioned in one of his interviews with Lakshmi Subramanyam: ``I see Tara as a play about the male self and female self. The male self is being preferred in all cultures .The play is about the separation of self and the resultant angst` Erin Mee writes in the note of the play,``Tara centres on the emotional separation that grows between two conjoined twins following the discovery that their physical separation was manipulated by their mother and...
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...In this essay I will discuss some aspects of accounting theories and their developments. I will also argue entity and proprietary theory and how they have contributed to the development of existing accounting practices. I will also highlight the strengths and weakness of the two theories and the impact it has on current accounting practices. Accounting theories can be said to be a process of reasoning problems by means of distinguishing the basic relationship, which in turn simplifies the issues to a generalized form that is easy to understand. Accounting theories are a coherent set of hypothetical, conceptual and pragmatic principles forming the general framework of reference for a field of inquiry (Hendriksen). Theories are words or other symbols made in a statement and do not have a physical form and can also be said to be a set of logical reasoning in the form of a set of broad principles that has two important functions. Fist they provide a general framework of reference by which accounting practice can be evaluated and secondly guide the development of new practices and procedures (Hendriksen). These two definitions of accounting theory underpin the use of theory as a guide to accounting practices. While looking at the Entity and Proprietary theory, it is important to note that the main difference between the two theories is that under the proprietary theory transaction are recorded, assets are valued and account statements are prepared in the view point of the...
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...Transfer Pricing and Financial Reporting: some thoughts Messaoud Mehafdi This essay deals with the perennial transfer pricing (TP) puzzle and calls for the disclosure of TP information as a way of unravelling the puzzle in the new age of corporate governance and financial reporting transparency. Seen as a by-product of "managerial ambiguity by design" in large companies and labelled as a "perennial puzzle" , TP has over the years lived up to this cliché by creating complex management and tax problems with tremendous implications for supply chains and business ethics. TP is an increasingly dominant aspect of international production and exchange of goods and services and, in addition to the continuously changing arm's length regulations, interest in the public disclosure of TP information has been gaining momentum. TP is a multifaceted global business reality that arises from intra-firm trade of tangible and intangible products across the industrial spectrum, usually in large vertically integrated companies. For many transnational companies (TNCs), the inseparable twins of intra-firm trade and TP are a prized business and financial conduit, accounting for around 60% or $1.6 trillion of global trade. Intra-firm transfers are very significant in the global service sector in general and the financial sector in particular where they are the focus of new regulation. TP is therefore a key factor in creating complex supply chains and, in order to engage investor confidence in the knowledge-based...
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...1. Getting started It is a matter of some interest that logic and the law should share so many of their foundational concepts – concepts such as proof, evidence, truth, inference, probability, plausibility, presumption and reasonableness – and yet should have had very little to say to one another within living memory. It is not especially surprising that logic and the law should have suffered (I use the word in its Latin sense) this alienation. With regard to its foundational concepts – for example, the concept of proof beyond a reasonable doubt, the concept of the balance of probabilities, the concept of the reasonable person – the law embeds am implied epistemology of implicity. There exists among practitioners, especially judges, the view that definitions and formalizations of such notions are both unnecessary and is liable to conceptual distortion. But definitions and formalizations are mother’s milk to logicians. Where the law favours approximation and contextually sensitive nuance, logicians thrive on exactitude and rigour. So why wouldn’t the lawyers and logicians go about their business without the regard of the one for the other? It would be wrong to leave the impression that there is no analytical exactitude in the law. It would also be a mistake to suggest that there has been no contact with the formal disciplines. Trials are often complex and judgements often embed exhaustive and detailed analyses of relevant points of law. In recent years probability theorists have...
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...ALLEGOR AND IRONY IN 'OTHELLO' Y ANTOINETT B. DAUBER E Othello is Shakespeare's Spenserian tragedy, in which the theme of slandere d chastity becomes a vehicle for exploring the problems of an allegorica l art . Allegory is the mode of selfconscious faith, and Spenser's corpus may be rea d as a portrai t of the artis t as allegorist , wrestling first with the burdens of selfconsciousness and then with the burdens of faith.l In Othello, Shakespeare compresses and objectifies this struggle. Unlike Spenser, he is not committed to the maintenance of allegory, and so he freely dramatizes the interna l weaknesses and external onslaughts that lead to its destruction. What I am calling the 'Spenserian ' quality begins with the chivalric elements in the tragedy. Truly, Othello is a kind of Savage Knight, Desdemona, the absolutely, almost miraculously, worthy lady, and Iago, something of a manipulator like Archimago.2 But more particularl y I would call attention to a specific engagement with Spenserian rhetoric . Consider Cassio' s words of welcome to the disembarking Desdemona: Tempests themselves, high seas, and howling winds, The gutter'd rocks and congregated sands, Traitors ensteep'd to enclog the guiltless keel, As having sense of beauty, do omit Their mortal natures, letting go safely by The divine Desdemona. (2.1.68-73)3 He sets her in the line of Spenser's heavenly allegories . As a parallel , we may recal l Una , slandere d by the arch-magician , abandone d by 123 her...
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...Pls explain what is the difference between RFC(Resident Foreign Currency) account and EEFC (Exchange Earners Foreign Currency) account? EEFC Accounts:- Residents can retain upto 50% of foreign currency remittances received from abroad in a foreign currency account, viz., EEFC account, with an authorised dealer in India. Funds held in EEFC account can be utilised for current account transactions and also for approved capital account transactions as specified by the extant Rules/Regulations/ Notifications/ Directives issued by the Government/RBI from time to time. RFC Accounts :- Returning Indians, i.e., those Indians, who were non-residents earlier, and are returning now for permanent stay, are permitted to open, hold and maintain with an authorised dealer in India a Resident Foreign Currency (RFC) Account to keep their foreign currency assets. Assets held outside India at the time of return can be credited to such accounts. The foreign exchange (i) received or acquired as gift or inheritance from a person referred to sub-section (4) of section 6 of FEMA,1999 or (ii) referred to in clause (c) of section 9 of the Act or acquired as gift or inheritance there from may also be credited to this account. The funds in RFC account are free from all restrictions regarding utilisation of foreign currency balances including any restriction on investment outside India. The facility is also available to residents provided foreign exchange to be credited to such account is received...
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...PERCENTAGES: THE MOST USEFUL STATISTICS EVER INVENTED Thomas R. Knapp © 2010 "Eighty percent of success is showing up." - Woody Allen “Baseball is ninety percent mental and the other half is physical.” - Yogi Berra "Genius is one percent inspiration and ninety-nine percent perspiration." - Thomas Edison Preface You know what a percentage is. 2 out of 4 is 50%. 3 is 25% of 12. Etc. But do you know enough about percentages? Is a percentage the same thing as a fraction or a proportion? Should we take the difference between two percentages or their ratio? If their ratio, which percentage goes in the numerator and which goes in the denominator? Does it matter? What do we mean by something being statistically significant at the 5% level? What is a 95% confidence interval? Those questions, and much more, are what this book is all about. In his fine article regarding nominal and ordinal bivariate statistics, Buchanan (1974) provided several criteria for a good statistic, and concluded: “The percentage is the most useful statistic ever invented…” (p. 629). I agree, and thus my choice for the title of this book. In the ten chapters that follow, I hope to convince you of the defensibility of that claim. The first chapter is on basic concepts (what a percentage is, how it differs from a fraction and a proportion, what sorts of percentage calculations are useful in statistics...
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...Prisoner's Dilemma (Stanford Encyclopedia of Philosophy) 4/3/12 9:58 AM Open access to the SEP is made possible by a world-wide funding initiative. Please Read How You Can Help Keep the Encyclopedia Free Prisoner's Dilemma First published Thu Sep 4, 1997; substantive revision Mon Oct 22, 2007 Tanya and Cinque have been arrested for robbing the Hibernia Savings Bank and placed in separate isolation cells. Both care much more about their personal freedom than about the welfare of their accomplice. A clever prosecutor makes the following offer to each. “You may choose to confess or remain silent. If you confess and your accomplice remains silent I will drop all charges against you and use your testimony to ensure that your accomplice does serious time. Likewise, if your accomplice confesses while you remain silent, they will go free while you do the time. If you both confess I get two convictions, but I'll see to it that you both get early parole. If you both remain silent, I'll have to settle for token sentences on firearms possession charges. If you wish to confess, you must leave a note with the jailer before my return tomorrow morning.” The “dilemma” faced by the prisoners here is that, whatever the other does, each is better off confessing than remaining silent. But the outcome obtained when both confess is worse for each than the outcome they would have obtained had both remained silent. A common view is that the puzzle illustrates a conflict between individual and...
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...Text and Context in Russian Legislation With Specific Reference To The Russian Constitution Nigel J. Jamieson* ABSTRACT Law and politics have a closer inter-textual relationship in Russian jurisprudence than would be understood generally of any European legal system. The closeness of this inter-textual relationship can be partly explained by history, culture, and language, as also by dialectics, ideologies, and literature. Concepts of law, government, and the state, together with concepts of federalism, democracy, and the rule of law, can vary so markedly from their apparently translatable equivalents that, even when recognising the formal concept of a codified Constitution, the inter-textual relationship between the enacted law and politics remains so dynamic as to be impossible to tell which it is, of law or of politics, that is the text, and which the context. This inter-textual relationship remains so strongly and continuously dynamic at the level of public and international law that the customary division by which lawyers, and common lawyers especially, assume law to be the text and politics to be the context carries a critical risk. This paper identifies that risk in terms of law, literature, and logic, as well as in terms of history, politics, and dialectics. To focus solely on law as a specialism without any more syncretic and synergic account of the other contributing disciplines, is to make the textual tail of the law wag the contextual dogsbody...
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...THE RULES OF THE GAME: NOUVELLE EDITION FRANCAISE/THE KOBAL COLLECTION DEEP FOCUS CANON FODDER As the sun finally sets on the century of cinema, by what criteria do we determine its masterworks? BY PAU L SC H RA D E R Top guns (and dogs): the #1 The Rules of the Game September-October 2006 FILM COMMENT 33 Sunrise PREFACE THE BOOK I DIDN’T WRITE I n march 2003 i was having dinner in london with Faber and Faber’s editor of film books, Walter Donohue, and several others when the conversation turned to the current state of film criticism and lack of knowledge of film history in general. I remarked on a former assistant who, when told to look up Montgomery Clift, returned some minutes later asking, “Where is that?” I replied that I thought it was in the Hollywood Hills, and he returned to his search engine. Yes, we agreed, there are too many films, too much history, for today’s student to master. “Someone should write a film version of Harold Bloom’s The Western Canon,” a writer from The Independent suggested, and “the person who should write it,” he said, looking at me, “is you.” I looked to Walter, who replied, “If you write it, I’ll publish it.” And the die was cast. Faber offered a contract, and I set to work. Following the Bloom model I decided it should be an elitist canon, not populist, raising the bar so high that only a handful of films would pass over. I proceeded to compile a list of essential films, attempting, as best I could, to...
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...History, as we currently "know" it, is a revised edition, revisionist reconfiguring of linear events to a pre-determined destination and thus is a pre-determined mind set for the largely unthinking mass consciousness as we observe it today. Upon closer scrutiny, when real thinking and inquiry is applied to this revisionist text, we must first discard all the usual signposts that we have been "taught" to view history through and within. One of these signposts that we take as "normal," but is really just another revisionist trick of the magicians and spin-doctors, is the linear nature of history and of time itself. Time is not linear, it is spherical and holographic. History, therefore, is not linear, and the revised editions are not only written forward towards a pre-determined destination, it is also written backwards, revised from the back end, starting from the pre-determined conclusion and being filled in accordingly all the way to the beginning. The real question we must then ask is why and how did the spin-doctors know the destination in the first place from which to spin their tale both forwards and backwards? The answer is quite simple, and when considered objectively and without the mind-set of the spin, is painfully obvious. The answer is simply that the destination was inherent in the inception. There was a known and specified constant that guided the so-called "great work of the ages" towards its goal from the beginning. The question then to be asked is what...
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...Problems with IQ and Psychometric Assessment When diagnosing a child’s learning difficulties the IQ test and other forms of Psychometric Assessment continue to be used across the UK and elsewhere as an indication of a child's ‘intelligence’ and continue to be a key factor in special school placement. Colin Newton Inclusive Educational Psychologist Co Founder Inclusive Solutions December 2009 We have to provide an IQ score so that the CAHMS team can allocate their resources. They keep asking us.... (Principal Educational Psychologist - 2008- Unnamed UK Local Authority) How sad that what follows still needs to be written in 2008! Perhaps we all need a little reminder... The story so far... Intelligence testing began in earnest in France, when in 1904 psychologist Alfred Binet was commissioned by the French government to find a method to differentiate between children who were ‘intellectually normal and those who were inferior’. The purpose was to put the latter into special schools where they would receive more individual attention. In this way the disruption they caused in the education of intellectually normal children could be avoided. Sound a familiar argument? Such thinking was a natural development from Darwinism and the Eugenics movement that dates back to Sir Francis Galton in 1869 that famous scientific polymath who promoted the idea that for society to prosper the ‘weakest’ should not be allowed...
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