Advantage and Disadvantage of AEC 1 Business of Tourism in Thai will grow: Because Thai is the center of the AEC according on geographic then Thailand will be the main hub for travelling though other country 2Economic Growth: more opportunity for each country because of the bigger size of market and free flow of labor and capital 3 Free Trade Area a common external preferential tariff scheme to promote the free flow of goods within ASEAN.[44] The ASEAN Free Trade Area (AFTA) is an agreement
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Advantages and disadvantages of entertainment to society? Present day entertainments are either good or bad or ugly. Advantages: good ones with pure fun‚ frolic‚ knowledge dissemination through various media keep us in good moods‚ healthy thoughts and entertained. Bad ones can be ignored by matured audience or readers but nonetheless‚ they leave a bad impression on our minds. The ugly ones are those that border on vulgarism like hard core porno entertainments‚ horror movies or badly worded books
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First‚ disadvantage related to the loss of control over the outsourced operations stems from the reason that managing external resources requires special skills which is a combination of the skills of people and process management‚ contract management‚ and power compromise
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Benefits of FDI Foreign direct investment (FDI) occurs when a nation or corporation invests capital in another country. For low-income countries‚ FDI can have major effects on the amount of production in a country. According to the United Nations‚ FDI has greatly increased the growth rate of the economies of low- income countries‚ allowing them to grow more rapidly than developed countries. Foreign direct investment comes with its own costs and benefits‚ as the organization or business providing
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Case Study 2: “The Story of Foreign Trade and Exchange” After reading “The Story of Foreign Trade and Exchange” I began to think about my company and the manufactures that we acquire our items from. We normally receive items from a company in the United States because they are local and the shipping is not as expensive. However‚ on occasion we import from a Honduran company when the United States company can’t produce as fast or if we need a bulk order. Our biggest problem recently has been getting
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Advantages and Disadvantages of Computer: Almost every home‚ office‚ or school has a computer of some kind these days. It may seems at first that having a computer brings only benefits‚ but further consideration shows that it also has disadvantages. First of all computers are very useful at school. It helps students to revise for tests or exams and makes subjects more interesting. Pupils can also learn new vocabulary and grammatical structures. Furthermore it allows students to become familiar
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country‚ both good and bad. Tourism is a main source of income to developing countries. When tourists come to these countries‚ they usually spend foreign currency. These foreign exchange may help to increase developments in the country and thereby accelerates economic growth. Income from tourism in the form of foreign exchange earnings are added to the national income and this leads to improvements of infrastructure‚ public services‚ building of hospitals‚ schools and even hotels‚ which
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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 main advantages and disadvantages of foreign direct investment as a means of entering new markets? Support your answer with real examples‚ where possible. Introduction Globalization describes the process by which regional economies‚ societies‚ and cultures have become integrated through a global network of communication‚ transportation‚ and trade. Bhagwati (2004). Big part of globalization is Foreign Direct Investment. Foreign direct investment (FDI) can be defined as the
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NAME: KARAN BELLANI SR NO. | TOPIC | PAGE NO | 1 | INTRODUCTION | 3 | 2 | HISTORY OF BANCASSURANCE | 4 | 3 | BANCASSURANCE MODELS | 5 | 4 | ADVANTAGES AND DISADVANTAGES OF BANCASSURANCE | 7 | 5 | DEUTSCHE BANK TIE UP WITH BIRLA SUN LIFE AND BAJAJ ALLIANZ INSURANCE CO. | 9 | 6 | CONCLUSION | 11 | 7 | ACKNOWLEDGEMENT | 12 | 8 | BIBLIOGRAPHY | 13 | INTRODUCTION The business of banking around the globe is changing due to integration of global financial markets‚ development of
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