in international trade? EX1: How to pay or be paid becomes a crucial choice as soon as you begin doing business across borders. When you do business internationally‚ there are ways of paying that you might never hear about when doing business in just one country. There are a lot of method of payment in intertraditional trade but the commonest method is letter of credit. Letters of credit are the most common method of payment in international trade as they provide protection to both parties involved
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What are advantages and disadvantages of advertisement? • The advertisement informs the consumer about qualities and price of goods and this makes purchasing easy for the consumers. • As the prices are already advertised‚ the consumers cannot be over charged. • By regular advertisement‚ the manufacturer can sell the goods directly to the consumers without depending on middlemen this eliminates the Middleman’s charges and profit. It means higher profit to the manufacturer and lower
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Disadvantages of A Million Dollars Winning a million dollars could turn out being more trouble than it is worth. There are many reasons as to why winning that much money would be too much hassle. With a million dollars‚ you could see the world‚ buy your dream house‚ or pay off debts. However‚ when you win that much money you only receive half of it after taxes‚ so your spending limit is limited. Many people who receive large amounts of money like this spurge until there is nothing left. Some
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Advantages and disadvantages when being in a union The National Labor Relations Act was enacted by congress in 1935 in order to define and defend the rights of the employment relationship. The act allows employees of a company the right to form a union and have the union organization represent them through collective bargaining. Collective bargaining is the process of negotiation between both parties; Union representatives and a corporation‚ with the purpose of reaching an agreement for the best
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The articles “Just a Little Princess” by Peggy Orenstein and “Return of the Brainless Hussies” by Rebecca Traister are about as “bra-burning” as they get. Both women are feminist and aren’t afraid to show it. While Orenstein discusses the “princess” fad that is consuming the younger girls of America and why the fad an abomination‚ Traister explains the phenomena of stupidity that has swept America’s Pop Icons such as Paris Hilton‚ Lindsay Lohan‚ and Jessica Simpson. “Brainless Hussies” is more convincing
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and poor white men migrated from the North to the South in the search for jobs and opportunities. Depending on a person’s status‚ race or color‚ many were benefiting from the reconstruction and many were at the disadvantage. African Americans who were former slaves were at the disadvantages. They struggle because of Lincoln’s assassination‚ the KKK and the Black Codes. To start‚ when the thirteenth Amendment was passed on January 31‚ 1865‚ many African American slaves were free. The fourteenth amendment
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easy and comfortable. Among the devices‚ which are widely used in the present time‚ is computer. Indeed computer has become basis need of modern people. There is a symbol of modernity. Despite this fact computer like other devices has pros and cons. Having computer certainly has disadvantages but there are some good aspects of it too. Computers are useful in business‚ in education and home. The use of computer has reduced time span of many works. Any works can be done sitting in a place and pressing
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that there are fewer tasks to do‚ more time to do nothing and more opportunities to sit around and be entertained without moving very much. As we can see‚ there are both advantages and disadvantages to this. I will deal with the advantages firstly. I think‚ there are at least two positive effects of this. First of all‚ we don’t need to do repetitive and uninteresting job like washing-up and this gives us more time to do other things. What we do with this time depends upon the individual. Secondly
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Advantages/Disadvantages Advantages of bonds Bonds as an investment instrument bring a lot of advantages to the bond holders. Firstly‚ bonds are more stable than stocks. Investing in bonds involve lower risks compared to stocks. Normally‚ bond holders are more likely to receive the coupon rate (interest) from bond issuers. So‚ there is very less chances that bond holders will lost out on their investment. Also‚ they can feel relieved when they invest in the reliable investment and taking less
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ADVANTAGES AND DISADVANTAGES OF ECOTOURISM If done right‚ there are many more advantages of ecotourism than disadvantages. Unfortunately‚ ecotourism is still a new field of study and a new sub sector of the tourism industry. And‚ with most new found industries‚ many organizations‚ companies‚ and countries are taking advantage of it. With so many disadvantages of ecotourism‚ it is hard to see the advantages and benefits of ecotourism. However‚ if done right‚ the
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