products. They provide protection to domestic producers, force consumers to pay more for certain imports, reduce the efficiency of the world economy and the most important one increase government revenues. Secondly subsidies, they are government payments to domestic producers to help them in two ways. First one is to compete against low-cost foreign imports and second one to gain export markets, but they protect inefficient and excess production. Thirdly import quotas, they directly restrict the quantity
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INTRODUCTION Tourism industry is one of the most profitable industries in many countries (Sinha, 2004). Whenever tourists visit a country, they bring in additional resources to the destination and such resources contribute to the development of the destinations and the country itself. It is therefore no surprise that many countries make tremendous efforts to tap income from the tourism industry (Australian Government, 2004). Among these countries are India and China. In the recent years, there
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century, economies all over the world are transformed by globalization, to remain competitive, Singapore needs to transform itself into a global hub of knowledge and innovation driven industries. To achieve this, a world-class workforce that is creative, entrepreneurial and adaptable needs to be cultivated to survive the many challenges of this new century. However, as the article pointed out, education is also a personal right, an entitlement. While the government values education as a pre-requisite
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factor, social, geographic and technological factor. Although GDP growth rate, labor force, and lending interest rate are more in Indonesia, they have unstable central government, huge population, high inflation, persistent corruption and natural disaster. Indonesia’s investment climate ranks poorly in international comparisons. The World Bank’s Doing Business 2007 report ranks Indonesia 135th out of 175 economies on ease of doing business. Macroeconomic instability is still viewed as the biggest obstacle
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violence, a mechanism to settle disputes etc, we need to extend the rule of the law to the international level for the same purposes. 2. International law involves relationships among states (countries) not individuals. 3. There is no world government to enforce the laws. The closest thing is the un security council which can make resolutions to end armed conflicts but the un has no police or troops of its own to enforce these resolutions. It has to member countries to volunteer troops to
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at which one currency is exchanged on another one. This rate differs from country to country and depends on many economical variables, the main of which are the general balance and disbalance of economy, monetary and fiscal policy, the state of the budget, international policy, the condition and development of the country’s economy compared to the world situation and dominating countries, purchasing power of the currency, and other internal and external factors. The history of world exchange rate
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Censorship a Contravention to Freedom of Speech During the 21st century, one of the most important concepts known to people around the world is the freedom of speech. People coming from different countries, having diverse religions and living in dissimilar backgrounds talk about it every day. In some countries people do solicit for it as their right. But the question is, “Is there something called freedom of speech in the first place? Or is it just a fantasy that can never be accomplished
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Monday, portrays a dystopian world where the government, to combat overpopulation, enacts a single child policy. The government supposedly freezes the children for a later age of prosperity, but Terrence Settman rebuts this and insead raises his seven identical granddaughters with a single identity. This Netflix original covers a wide variety of interesting ideas and topics, but what interested me the most was the portrayal of the European Federation and the Government structure imposed. In the
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A centralized doctoral government that is based on nationalism; totalitarianism. In the 1930s, before World War 2, the most popular forms of totalitarianism started; Adolf Hitler’s Germany, Benito Mussolini's Italy, and Joseph Stalin’s Russia. The totalitarian governments of World War 2 were unfair, and cruel because they were corrupt governments, stripped away the basic rights of people, and they thrives off of false hope and nationalism of the public. There are many aspects that kept totalitarianism
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been cut off during World War I. The Russians, however, presented a problem for Coolidge because their communist form of government opposed democracy. * Italy Italy was a democracy when World War I began in 1914. The country's army fought alongside Allied forces. Unfortunately, the war left the government and economy of Italy unstable and a fertile ground for revolutionaries. Decisions made at the Paris Peace Conference denied the large territorial gains the Italian government expected after the
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