'International aid brings both benefits and problems for a country trying to develop its economy' with the aid of named examples evaluate this view. (30 marks) International aid can bring many problems to a country in need of development, this is usually through the ill-use, ill-deployment and abuse of International aid by both the donor countries and the recipient countries. However, effective aid brings more benefits to developing countries than problems is the aid is properly allocated to the area most in need and the aid is not ties so that it benefits the donor. International aid can bring problems to a developing country as it can be an obstacle to development and can provide other problems put forward by the political right. Aid can become an obstacle to development because of the tied nature of much aid, which benefits the donor country more than the recipient, in economic terms.
This will mean the population will have more money which will go into the economy, this will mean more income for improving infrastructure and services. Also as TNCs move to other countries, job opportunities increase which means that the quality of life will generally improve too. Another benefit would be that the status of an area would be raised; this may encourage investment by other big name Multi-Nationals and most importantly will improve the countries economy drastically as valuable export revenues will be earned. Most important, they will benefit from cultural exchange creating a cultural integration. LEDC countries do not benefit as much as MEDC countries do, for example, sometimes much of the employment is low paid, low skill, long hours, meaning that the countries do not develop economically or give the opportunity to develop their skills.
The advertising variance is negligible. However, the unfavorable price variance and the favorable efficiency variance show that even though advertising campaigns are expensive, they produce the results. The entity has a proven track record of highly efficient advertising, so it should increase advertisement funding to boost sales. It is recommended to be more conservative with its advertising budget until there is a strong marketing plan in place with the intention that all advertising and marketing funds are made more efficient. Another action plan would be to reduce the cost of advertising.
It can provide domestic employment opportunities that may not otherwise be available, resulting in higher levels illegal immigration. In some cases, however,(cons) it results in competition that destroys industries in one nation. There are also risks that free trade may lead to developed nations supporting work conditions in a developing nation that it would not allow in its own. One of the benefits of free trade is that tariffs are often reduced or eliminated. This means that a producer's goods are often more attractive to foreign consumers and that those consumers can acquire those goods at lower prices.
“While the Industrial Revolution had both positive and negative effects on society and the economy, the positive effects outweighed the negative.” The Industrial Revolution came to organize and provide much more benefits than harm in many ways and while change overall has both positive and negative effects the positives definitely outweighed the negative. Before the industrial revolution everything was much harder. Let’s take a look at various aspects that found to have more good than bad. Although one may view the fencing of the land owned by villagers and townspeople as an abuse, the reality was that at the time it was something needed. This had a much more positive effect because while the villagers lost land the enclosure resulted in efficient farming that produced more food.
This means that a strong real may lead to a worsening of the balance of trade – much depends on the value of price elasticity of demand for imports and exports. The impact of appreciation depends on the economy. As Brazil was not in a recession during the appreciation of the real, then the aggregate demand increased and helped reduce inflationary pressures and limit the growth rate. However, an appreciation of the real could also reduce inflation. This makes Brazil’s goods more competitive, leading to stronger exports in the long term, which could improve the current account.
In other words, does it matter whether the deficit is caused by lower taxes, increased defense spending, more job-training programs, and so on? Yes. If a budget deficit is created because the proceeds are invested in something economically productive, it can be a very positive thing. Unfortunately, government has a history of investing in things that have a low/negative economic return. If the deficit is created for those reasons (usually is), then it's a very negative thing.
Those who consider it to be a negative term, mainly the average consumer, would define price gouging as taking advantage of or exploiting in times of need by charging unfair and unreasonable prices beyond normal. On the other hand, a business owner or an entrepreneur would define it as turning a profit on goods which have suddenly become much more expensive to obtain or produce because of increased demand possibly due to an emergency or sudden event. However, some free market economists reject the term altogether and suggest that “higher prices can be viewed as a valid system for rapidly distributing scarce resources to those who need the highly desirable resources and sets off an economic chain reaction that ultimately remedies the shortages” (Price gouging, 09). Over thirty of the states in America have anti-gouging laws but the definition of price gouging vary from “excessive and unjustified” price increases or “unconscionable pricing”, to percentages amounts of previous prices, to “unjust or unreasonable profits in the sale of necessities” (Antitrust - Fuel and Energy Committee, 06). So price gauging may not be easily defined but it does mean something to those it affects.
Imperialsm has positive effects in a development of a civilization, so most of the time when a more developed country takes over a less developed country both countries can benefit of each others technology, culture, and agriculture. A less developed country is most likely to benefit from impearlism because it improves their leisure time, economies, and lifestyles. When it comes to developed nations beneficial, most of the time the developed nation gains an expanded empire, more resources and new goods. Impearlism its a positive movement by helping a less developed country try grow into a stronger nation by improving their surroundings, economy, and culture proving how imperialism can benefit both sides of the civilizations. Document 1, “The scramble for Africa”and Document 3, “Construction of the Suez Canal” show how developed and underdeveloped nations’ area’s standard of living progress and gain more by impearlism.
With the value of the dollar raising it will increase real Gross Domestic Product. When the country as a whole is better it will make people feel good about spending money. Once people start spending money, the country will start to resemble what it used to be. In addition exchange rate could be a big factor on the amount of product that you export. This could have a bearing on what the company’s bottom line