Foreign trade is the exchange of goods and services across international boundaries or territories Essay Example

Foreign trade is the exchange of goods and services across international boundaries or territories Essay Latvia, as other countries, can not survive without foreign trade, because something that is produced in Latvia can not be found anywhere else in the world and vice versa, Latvia imports something that can not be produced within the borders of this country. The question of foreign trade is an important one in order to see the place a country takes in the world economy, because the more developed the foreign trade is the more a country benefits from it. Latvia, on average, has a rather big scarcity of the current account. The main cause of the deficit is considered to be the negative trade balance. Almost one third of it is covered by the positive balance of services because the specific influence of transport services is high in the economy. Most of the current account deficit is covered by foreign direct investments and other long-term capital flows, the reserve assets of the Bank of Latvia keep growing. We will write a custom essay sample on Foreign trade is the exchange of goods and services across international boundaries or territories specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Foreign trade is the exchange of goods and services across international boundaries or territories specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Foreign trade is the exchange of goods and services across international boundaries or territories specifically for you FOR ONLY $16.38 $13.9/page Hire Writer The negative current account balance is among the core risks in Latvian economy. Assessment, analysis and forecasting of the trade balance are, therefore, of highest importance in economic studies in Latvia. This course paper discusses important part of Latvian economy foreign trade. The course paper will also look at the statistics of exports and imports in Latvia and will discuss other relevant questions that are connected with foreign trade. The aim of this course paper is to show that Latvia has been developing its foreign trade level and that Latvia has been accepted into world economic alliances. 1. Balance of payments The balance of payments (or BOP) is a measure of the payments that flow into and out from a particular country from and to other countries. It is determined by a countrys exports and imports of goods, services, and financial capital, as well as financial transfers. [1] The balance of payments is a summary of all economic transactions between a country and all other countries for a specific time period, usually a year. The balance of payments account reflects all payments and liabilities to foreigners (debits) and all payments and obligations received from foreigners (credits). [1] In theory, the balance of payments of any country is zero (because every unit of currency must come from somewhere)[1] There are some classifications of the balance of payments these are : o Current account * trade account * income account * transfers account o Capital account [4] Current account: records net flow of money into a country resulting from trade in goods and services and transfer payments made from abroad [1] Capital account: records net flow of money from purchases and sales of assets such as stocks, bonds and land [1] The domestic demand in Latvia is bigger than the gross domestic product, creating the deficit in the current account. This means that also foreign savings should be used to finance domestic investment. The level of savings in Latvian economy has not essentially changed and equals to approximately 20%. Investments, in contrast, grow at a more rapid rate.Thus, the lack of balance between savings and investment (deficit of the current account) is a regular phenomenon in the Latvian economy. 2. Latvian foreign trade policy The Ministry of Economics is the main institution which implements Latvias interests in the field of foreign trade policy in the EU, WTO and other international institutions and organizations, carries out export promotion policy, as well as, within the framework of its competence, enforces internal market protection policy and fosters foreign economic cooperation with other countries. Latvias trade relations with other countries are based on multiparty treaties within the WTO, free trade agreements (FTA) and other treaties which provide for the most-favoured nation regime (MFN). Since its accession to the EU on May 1st, 2004, all foreign trade rules and international treaties currently in force within the EU became binding for Latvia. This created new conditions in the economic cooperation with Latvias neighbours and other third countries. Currently, EU internal trade constitutes approximately 80% of the foreign trade of Latvia. Trade with third countries has meanwhile seen some significant changes: * introduction of the common EU external customs tariff, which led to import duty changes; * expansion of the external market due to the many FTAs concluded by the EU; * introduction of quantitative restrictions (quotas) for imports of certain goods; * application of market safeguard measures currently in force in the EU to imports of certain goods starting from May 1st, 2004. Foreign trade is important for Latvia, since the internal market cannot ensure a sufficient growth for Latvian manufacturers. Only stable growth of Latvian exports can ensure the improvement of trade balance and the increase of GDP. Countries of the EU and CIS play the most important role in the foreign trade of Latvia at present, and this is not expected to change in the nearest future. However, in the light of the saturation of EU market and its poor growth rates, the importance of third countries in the foreign trade of Latvia is expected to grow. Latvian entrepreneurs face increasingly more new opportunities in such markets as USA, Russia, Ukraine, China and Japan.

Make Fireballs You Can Hold in Your Hand

Make Fireballs You Can Hold in Your Hand Fire is made up of light and heated gases from combustion. You can control the temperature of fire by selecting a fuel that burns with a cool flame. If you pour the fuel onto a substance that wont burn, you can make a fireball that you can hold in your hand or juggle. Here are written instructions for making your own handheld fireballs. Materials Needed to Make Fireballs 2 x 5 strip of cotton cloth (like from a t-shirt)100% cotton threadNeedleNaphtha lighter fluid (e.g., Ronsonolâ„ ¢)Match or lighter How to Make a Handheld Fireball Thread the needle with cotton thread.Tightly roll the cotton strip into a ball.Pierce the ball with the needle and wrap the ball with the thread. End by running the needle through the ball one more time and break off the thread.Soak the ball with lighter fluid. Dont soak your hands.Dont ignite the fireball while you are holding it. Set the ball on a fire-proof surface. I used a frying pan from my kitchen.If you want to hold the fireball, my recommendation is to pick it up with tongs and carefully/slowly set it on your hand. That way youll be able to tell if you can take the heat or not. Once you gain some confidence, you can pick the fireball up using your fingers. Safety Additional Information Its best to use 100% cotton fabric and thread. If the fiber is synthetic (like nylon or polyester) it might burn or melt, with unpleasant consequences.The trick to this demonstration is the fuel. It needs to be naphtha or kerosene. I have had good luck with Ronsonolâ„ ¢ and Zippoâ„ ¢ (not the butane stuff... read your ingredient list). Rubbing alcohol (isopropyl alcohol) works, but it burns a little hotter.Its pretty hard to blow the fireball out. You either need to blow hard or else suffocate the flame to extinguish it. You can set a saucepan lid over the fireball.The fireballs are reusable. Put them out when they run out of fuel or else the cotton will burn (you can tell this is happening when the ball starts to blacken and produce sooty smoke). If you get to the point where the cotton itself is burning, the fireball will be too hot to hold. Ideally, you want to extinguish the fireball before it consumes all of its fuel. Simply soak it in more lighter fluid and relight it to reuse it.Regarding holding these in your hand or doing tricks with them... the cone of the flame is hot, especially above the ball, however, the fuel burns at a relatively low temperature. The flashpoint of Ronsonolâ„ ¢ brand of naphtha is 6Â °C or 43Â ° F, with combustion mainly around 400Â °F. To put that in perspective, touching the fireball is a lot like touching a hot pizza right out of the oven (except without the sticky cheese part). Fireballs are great fun to make, but like all fire projects, use proper safety precautions and common sense. Dont get burned or set your house or yard on fire. This is a project which requires adult supervision. Disclaimer: Please be advised that the content provided by our website is for EDUCATIONAL PURPOSES ONLY. Fireworks and the chemicals contained within them are dangerous and should always be handled with care and used with common sense. By using this website you acknowledge that ThoughtCo., its parent About, Inc. (a/k/a Dotdash), and IAC/InterActive Corp. shall have no liability for any damages, injuries, or other legal matters caused by your use of fireworks or the knowledge or application of the information on this website. The providers of this content specifically do not condone using fireworks for disruptive, unsafe, illegal, or destructive purposes. You are responsible for following all applicable laws before using or applying the information provided on this website.

Abortion survivors Essay Example | Topics and Well Written Essays - 500 words

Abortion survivors - Essay Example The feelings of guilt resulting from a failed abortion determine the likely hood of allowing the continuance of the pregnancy. The paper will address some of the issues that abortion survivors have had to go through. Life surpasses the right to becoming pregnant. Gianna Jessen failed an abortion attempt when the mother was seven and a half months pregnant. Following the failed attempt, Gianna Jessen was delivered and adopted by a caring family and is currently an activist against the abortion of unborn children (Jessen). Sarah Smith is another survivor who lost her twin brother following an abortion attempt. Both Sarah and Jessen have had a life that has directly affected the birth mothers who are haunted by the guilt for causing so much pain and grief to their children (Smith). The decision to abort Gianna was made because her mother was only seventeen years old during the pregnancy and the economic costs scared her. Sarah’s mother was also afraid of raising another child since she already had five children. The failed pregnancies resulted in two inspirational women who the world needs to inspire people by making better life decisions. The trauma associated with a failed abortion. Melissa Ohden was born following a failed saline infusion abortion. When she was born, the doctors had a notation that she was only around thirty-one weeks into her gestation. The doctors were concerned that her ability to survive was limited and if she did the quality of life she would experience would be full of uncertainties. Currently, Melisa has developed into a healthy woman who is always searching for answers on why the mother wanted to abort her. Melissa discovered that she was an abortion survivor from her adopting parents while she was fourteen and since then her life changed drastically. The psychological torture and the unanswered questions affect her in varying degrees (Ohden). Jessen expresses

Analysis of Cloud HR Solutions for SMEs in Hong Kong Dissertation

Analysis of Cloud HR Solutions for SMEs in Hong Kong - Dissertation Example Cloud solutions have brought significant changes in the manner in which organizations run their applications and store their data from the conventional desktop network into servers which can be accessed remotely through the internet. Cloud solutions are technological revolutions which have a considerable effect on all the areas of IT industry as they allow companies to access applications and information at any time from any location all over the globe. Based on this dramatic change of technology, the present research seeks to investigate the aspects that impact the adoption of solutions based on cloud services by SMEs in Hong Kong. It has been noted that numerous studies or empirical researchers have focused on the global market, bigger enterprise as well as industry leaders; however, this paper will concentrate on SME instead of bigger organizations since the constraints they face differ from those of bigger businesses. Approximately 320,000 SME exist in Hong Kong and they have employed more than one million people accounting for forty-seven percent of the total employment when civil servants are not considered. In the globalized and competitive world, this study seeks to provide a platform for HR practitioners as well as business owners to appreciate the manner in which their companies achieve their HR goals, hire and motivate their workers along with how they manage staff performance, training, and organizational changes through the HR solutions already in existence to embrace cloud technologies so that the companies can be more competitive.

Expository Essay on Exercise and Obesity Essay Example for Free

Expository Essay on Exercise and Obesity Essay Some say that a decreased amount of sleep time can be associated with the increase of body fat. Insomnia or sleep apnea or even RLS (restless sleep syndrome) are just three out of many different types serious sleep that can also in fact lead to all kinds of increased risk several other chronic health problems. Multiple studies have explained the sudden impulse of these sleep disorders and the links its shares on obesity, these are very important links in contemplating the relationship between sleep disorders obesity. Physical fitness and good eating habits are important prognostic tools in obesity and chronic disease; there are several studies that have examined the likeness between obesity, sleep disorders, and exercise. It also explains how different sleep disorders may impact the physical fitness regimen responses and how extremely overweight may impact lifestyles of the patients with regard to sleep disorders will also be reviewed. (Hargens, 2013) (Nature Science of sleep. 2013 Vol 5 p,27-35. 9p. The explanation to these issues include better understanding of the medical community, However, it does still remain brainless about these ailment processes of work out and sleep destitute patients. For the most part doctors recommend medications with side effects that include insomnia and weight gain instead of giving out information to their patients that help them to get better standard of living improvement. This often entails exceptional doctors with outstanding management such as medication with no negative side effects. [ (hargens, 2013) ] Many studies have established the link between sleep deficiency and both obesity and even the illness called diabetes. By getting a good work out may improve sleep destitute patients and their daily functions, additionally to gaining weight and metabolism function. Obesity has been a main part in the connection with SC and DC in women, and DC in men. (Grandner) April 24 2013 The resolution to these issues contain better understanding of the health community, However, it does still continues to be dense about these ailment process of obesity. exercise and sleep destitute patients.

Music Censorship :: essays research papers

Music Censorship: The Circumstances Causing the Controversy Imagine, if you will, a world where we are told what music to sing, what music to play, and even what we may listen to in the privacy of our own homes. That world already exists as a reality in more countries that you might imagine, and that very reality is knocking on our door: In the USA, lobbying groups have succeeded in keeping popular music off the concert stage, out of the media, and off of the shelves. Of course, if presented with this contingency, any one of us would declare how horrible this reality would be. Why then, do we hear about citizens and organizations fearfully protesting the apparently-so-inalienable right to express ourselves though music. As a society we want our young people to be literate, thoughtful, and caring human beings, however we also attempt to control what they read, listen to, and see–and ultimately what they think and care about. One can understand the instinct to need to â€Å"protect" children from dangerous or disturbing ideas and information, but this combination of the multiplicity of values and the concern for young people’s minds keeps censorship alive in school, public libraries, and other common places. â€Å"We favor music censorship? No, that’s not true,† says Wendy Wright of an organization, Concerned Women for America, on the enemy list of virtually all other anti-censorship supporters. â€Å"Censorship means that the government restrains speech. We are in favor of those in the music industry using common sense: In essence, that they don’t promote behavior or activities that they wouldn’t want committed against their wife or children.† CWFA sees music the music in question as having potential to cultivate certain ideas in the minds of the youth.â€Å"The argument that it does not affect kids, that it does not promote similar behavior, is ridiculous. If that were true, they would not advertise or rely on marketing – both fields depend on the fact that humans can be enticed into doing something that they wouldn’t have thought up on their own.† In our community, there are mixed views about this issue just as there are in the wider world setting where this conflict is now unfolding: â€Å"I think there should definitely be some censorship, like with the movies where there is a rating system. The music that’s out now is too graphic for younger kids to be listening too and its beginning to evidently corrupt our society.

A Study of Najdi Arabic & Arabic Language (Saudi Arabia)

If you ask a question to a Saudi Arabian, an Egyptian, an Algerian and a Syrian that which thing makes you an Arab? They will answer in just a second that speaking Arabic makes us an Arab. This language makes the Arab world and it binds the whole Arab world from Morocco to Kuwait.This language gives identity to the Arab society and makes them aware about the history of the Arab. Since the inception of Islam Arabic is the speaking language of the Islamic world. Islamic holy book the Qur’an was initially written in Arabic.There is a great religious significance of this language in the Islamic world. According to Muslims – if you want to understand properly the messages of Qur’an, you should read it in Arabic language. That’s why Arabic is not only the language of Arab world. (Seikaly, 2001)Arabic language is not only official language of Saudi Arabia, but it is also considered as an official language in more than forty five countries and dialect of Arabic is being spoken by 200,000,000 people all around the world. Main part of this population lives in the Arabic countries, but a considerable number of Arabic Speakers live in some parts of Africa. Arabic is treated as a biggest member of the Semitic branch and it is some what same as Hebrew and Aramaic.Arabic is studied widely in the Islamic world. Since 6th century Arabic is being taught as a literary language and many words of other languages had been taken from Arabic such as English and Spanish. Some words like sugar, cotton and magazine had been derived from Arabic. In Arabic these words are pronounced like sukkar, quá ¹ ­Ã… «n, maá ¸ «Ã„ zin. Some other words like alcohol, algebra and zenith came from Arabic language. (Shah, 2007)There are many verities of Arabic language. In this paper we will discuss those varieties in brief. We will mainly focus on the Najdi (A variety of Arabic language). Najdi Arabic speakers oppose the theory of generative phonology. We will move step by step and in an arranged manner.  The First Word of ArabicThe first word of Arabic, which was revealed to the Prophet Muhammad, is iqra (means â€Å"recite†).   According to literature the meaning of Qur’an is recitation. Muslims say that it was the command, which was given to the Muhammad by god, when the Prophet began to receive the revelation and this finally got converted into the Qur’an. The word Qur’an is based on the three letters, those are Q, R and A and the word iqra contains these 3 letter root. (Seikaly, 2001)Forms of ArabicArabic language can be divided in the three forms- classical, modern standard, and colloquial. The Arabic, which has been used in the Qur’an, is considered as classical Arabic. The Arabic used in Qur’an is treated as the perfect Arabic and is a stander for written form of Arabic.The modern standard Arabic is derived from the Classical Arabic and is used in the formal communication such as in literature, in news, in offices and in print media. Colloquial Arabic is locally spoken Arabic language and it varies from nation to nation and area to area. Many varieties of the Colloquial Arabic have been found in the Arab World and Najdi is one of them. In religious and social functions the oral Arabic is used for writing also because the written and spoken forms of Arabic language are highly interconnected.Modern Standard Arabic is not used at such moments. It is used in television and radio news broadcasts. Modern Standard Arabic plays an important role to bind the whole Arab world because the Arabic speakers from Lebanon and Morocco cannot easily understand one-another’s Arabic language due to their local dialects. But they can talk in Modern Standard Arabic easily.That’s why Modern Standard Arabic is used in formal meetings and occasions. Many local and regional variations have taken place in spoken Arabic and written Arabic has also been changed since 7th century. Many forei gn words are being used in Spoken Arabic such as computer, telephone, television, and radio.On the other hand lots of words have been borrowed from Arabic by the many Western languages like English, Spanish and Portuguese. In the earlier time, the Arab world was known for medicine mathematics, philosophy, and astronomy. Name of many stars are based on the Arabic language such as Betelgeuse, Rigel, Deneb, Altair, and Aldebaran. (Seikaly, 2001)The Arabic script had been taken from Nabataean Aramaic script. Originally, Arabic language had been used since 4th century but there is no solid evidence for it. Generally 6th century is treated as the starting era for Arabic language. Initially Aramaic language was there in use, but there are fewer consonants in this language. Hence in the 7th century new Arabic letters had been created with the help of dots. Then vowels came into the picture. . (Omniglot writing systems & languages of the world, 2010)Classification of varietiesThe Arabic scri pt had been taken from Nabataean Aramaic script. Originally, Arabic language had been used since 4th century but there is no solid evidence for it. Generally 6th century is treated as the starting era for Arabic language.Initially Aramaic language was there in use, but there are fewer consonants in this language. Hence in the 7th century new Arabic letters had been created with the help of dots. Then vowels came into the picture. Nowadays Arabic is spoken in many different ways in different areas. (Omniglot writing systems & languages of the world, 2010)