Economics Assignment Example | Topics and Well Written Essays - 500 words

Economics - Assignment Example However, these appreciations were very minimal, but the depreciation against the Peso was substantial. Part (d) On a broader scale, depreciation in the US Dollar will make its exports appear cheaper as the country trading with the USA can get more dollars for their respective currency in 2003 as compared to 2002. On the split side, the USA importers will have to pay more dollars to obtain the required Foreign Exchange for their imports, and hence imports will become more costly. In a nut shell, the exports will get a boost and the imports will be hindered by a depreciating US Dollar. However, if we look on an individual scale, the Yen, Yuan and Canadian dollar all depreciated against the US Dollar, and hence USA’s export to these countries might marginally reduce and imports may marginally rise. In Mexico’s case, exports will strongly boost and imports will decline. Problem 2 Part (a) There are two ways an investor can take advantage of this arbitrage. In the first alte rnative, he can buy Euros in the New York FX Market at a rate of $1.25/Euro and then sell these Euros in the Tokyo FX Market at a rate of $1.27/Euro to make a clean spread of 2 cents on each Euro he sells.

Whos The Boss? Essay -- essays research papers fc

Who’s The Boss?   Ã‚  Ã‚  Ã‚  Ã‚  A typical relationship between an employee and an employer exists on the acknowledgment of who is in charge; an employee must accept the employer as an authority. A worker should address the employer with a certain amount of respect and professionalism. An employer should have control of their employees and make it clear that they are the boss.   Ã‚  Ã‚  Ã‚  Ã‚  In David Mamet’s play Glengarry Glen Ross, however the relationship between the employees and the employer is extremely atypical. There is no correlation to what is believed to be the norm. The language Mamet uses in the play makes the peculiar relationship believable. The arguing and resentment can be felt be the reader. The employees in this particular office have â€Å"forgotten† who the boss is; they do not speak to him with any respect or dignity. The employer accepts the way he is treated and does not stand his ground; he allows his employees to walk all over him. This office is not the kind of work place where the boss has the last word; there are numerous times throughout the play where the boss and his employees actually fight. The relationship between one of the employees, Shelly Levene, and his employer, John Williamson, reflects this abnormal relationship. Williamson is the boss, or manager of this particular branch of a real estate company, he does however have two bosses, Mitch and Murray. The play begins with Williamson making an announcement regarding the jobs of all of the employees in the office. There is a contest beginning to see who could close the most deals. Whoever won would win a car and whoever lost would be fired. In the following conversation between Williamson and Levene, the two are discussing whom the good leads are going to. Levene has told Williamson that without the good leads he will not be able to close, in which case, he will be fired. Williamson has said that he has to give the leads to the closers and that Levene has not been a closer. I pick up the conversation after many pages of arguments, Williamson agreeing to Shelly’s bribe and right when Shelly is asking for two l eads.   Ã‚  Ã‚  Ã‚  Ã‚  Ã¢â‚¬Å"WILLIAMSON. I’m not sure I have two.   Ã‚  Ã‚  Ã‚  Ã‚  LEVENE. I saw the board. You’ve got four†¦   Ã‚  Ã‚  Ã‚  Ã‚  WILLIAMSON. I’ve got Roma. Then I’ve got Moss†¦ LEVENE. Bullshit. Th... ...n’t agree with this and believes that it is Williamson giving the orders and that if Williamson were to call up Mitch or Murray they would tell him to follow whatever Levene says. Williamson is a timid man. He does not like confrontation. Whenever Shelly or anyone began to yell at him he would just walk away. Shelly is an older and somewhat outspoken man; he knows that Williamson is timid and therefore talks the way he does to him. Shelly is feeling the pressure of the younger men taking his role as the best. All of the stress and pressure in the office causes everyone to be on edge. I think that Williamson is a bit more understanding because he realizes that Shelly’s job is being threatened. All of these pressures and feelings cause Williamson and Levene to resent each other. The language used by Mamet to portray all of this really makes the reader feel the stress and tension in the office. The reader can hear the arguing and disagreeing. The extreme language helps the reader understand the lack of control in the office as well as the atypical behavior between an employee and employer. Works Cited 1. Mamet, David. Glengarry Glen Ross. New York: Samuel French, Inc., 1982. Whos The Boss? Essay -- essays research papers fc Who’s The Boss?   Ã‚  Ã‚  Ã‚  Ã‚  A typical relationship between an employee and an employer exists on the acknowledgment of who is in charge; an employee must accept the employer as an authority. A worker should address the employer with a certain amount of respect and professionalism. An employer should have control of their employees and make it clear that they are the boss.   Ã‚  Ã‚  Ã‚  Ã‚  In David Mamet’s play Glengarry Glen Ross, however the relationship between the employees and the employer is extremely atypical. There is no correlation to what is believed to be the norm. The language Mamet uses in the play makes the peculiar relationship believable. The arguing and resentment can be felt be the reader. The employees in this particular office have â€Å"forgotten† who the boss is; they do not speak to him with any respect or dignity. The employer accepts the way he is treated and does not stand his ground; he allows his employees to walk all over him. This office is not the kind of work place where the boss has the last word; there are numerous times throughout the play where the boss and his employees actually fight. The relationship between one of the employees, Shelly Levene, and his employer, John Williamson, reflects this abnormal relationship. Williamson is the boss, or manager of this particular branch of a real estate company, he does however have two bosses, Mitch and Murray. The play begins with Williamson making an announcement regarding the jobs of all of the employees in the office. There is a contest beginning to see who could close the most deals. Whoever won would win a car and whoever lost would be fired. In the following conversation between Williamson and Levene, the two are discussing whom the good leads are going to. Levene has told Williamson that without the good leads he will not be able to close, in which case, he will be fired. Williamson has said that he has to give the leads to the closers and that Levene has not been a closer. I pick up the conversation after many pages of arguments, Williamson agreeing to Shelly’s bribe and right when Shelly is asking for two l eads.   Ã‚  Ã‚  Ã‚  Ã‚  Ã¢â‚¬Å"WILLIAMSON. I’m not sure I have two.   Ã‚  Ã‚  Ã‚  Ã‚  LEVENE. I saw the board. You’ve got four†¦   Ã‚  Ã‚  Ã‚  Ã‚  WILLIAMSON. I’ve got Roma. Then I’ve got Moss†¦ LEVENE. Bullshit. Th... ...n’t agree with this and believes that it is Williamson giving the orders and that if Williamson were to call up Mitch or Murray they would tell him to follow whatever Levene says. Williamson is a timid man. He does not like confrontation. Whenever Shelly or anyone began to yell at him he would just walk away. Shelly is an older and somewhat outspoken man; he knows that Williamson is timid and therefore talks the way he does to him. Shelly is feeling the pressure of the younger men taking his role as the best. All of the stress and pressure in the office causes everyone to be on edge. I think that Williamson is a bit more understanding because he realizes that Shelly’s job is being threatened. All of these pressures and feelings cause Williamson and Levene to resent each other. The language used by Mamet to portray all of this really makes the reader feel the stress and tension in the office. The reader can hear the arguing and disagreeing. The extreme language helps the reader understand the lack of control in the office as well as the atypical behavior between an employee and employer. Works Cited 1. Mamet, David. Glengarry Glen Ross. New York: Samuel French, Inc., 1982.

Islam vs. Christianity Essay

Christianity and Islam have many similarities and can easily be compared to one another. Both trace their roots to Abraham. Both believe in prophecy, God’s messengers (apostles), revelation, scripture, the resurrection of dead, and the centrality of religious community. This last element is especially important. Both Christianity and Islam have a communitarian dimension: what the church is to Christianity the â€Å"umma† is to Islam. Despite these significant similarities, however, these two world religions have a number of significant differences as well. I will discuss 3 topics and go into detail about their moral teachings, roles and responsibilities (duties) and social justice issues, I will also be discussing their similarities and differences. The prophet Muhammad said: â€Å"I have been sent to perfect the morals†. The Quran is the criterion (furqan). Anything that contradicts the Quran is not from Islam. When it comes something like divorce in the Islam r eligion the bible says {2:231} And when you divorce women and they reach their prescribed time, then either retain them in good fellowship or set them free with liberality, and do not retain them for injury, so that you exceed the limits, and whoever does this, he indeed is unjust to his own soul;†¦Ã¢â‚¬ ¦ this means that God encourages the husband and wife to appoint arbitrators as the first step to aid in reconciliation in the process of divorce. If the reconciliation step fails, both men and women are guaranteed their right to divorce as established in the Qur’an, but the question lies in what is the procedure for each. When the man initiates a divorce, it is known as talaq. However it is different in the Christianity religion; it says that the ending of the legal union between two married people is called divorce. Throughout most ages and societies forms of divorce have existed. Divorce is an unnatural act. It states in Matthew 19:8-9 ~ 8 Jesus replied, â€Å"Moses permitted you to divorce your wives because your hearts were hard. But it was not this way from the beginning.   I tell you that anyone who divorces his wife, except for sexual immorality, and marries another woman commits adultery.† Also Christians believe in the concept of â€Å"Original Sin† which means that human beings are born as sinners, bearing the burden of the â€Å"Original Sin† of Adam and Eve. Muslims do not believe in the † Original Sin† for 2 main reasons; In the Quran, God forgave Adam for what he has done, and according to the Quran, no  one should be made to bear the burden of someone else’s sin or mistake because it is unfair. A similarity that the Islam religion and Christianity religion have is People should follow the Ten Commandments and the moral teachings of the prophets. Islam, being religion of nature, understands that human beings are born with varying gifts. As they differ in their bodies and their features so they differ in their mental and other capabilities. Islam ensures just and equitable distribution of wealth among the people and, on the other hand, provides social security to the poor and the destitute in the form of basic necessities of life. Besides that, Islam also protects the weak from the economic exploitation by the strong. All there are various aspects and manifestations of what is called Islamic social justice. In Christianity, what then, is social justice in Biblical terms? â€Å"Justice† and â€Å"righteousness† are part of a way of life, which God expects of us as His people (see e.g. Micah 6:8; Ps. 11:7; 1John 3:7). This stems from the kind of character, which we possess, and is in turn the reflection of what God Himself is and how He acts (1John 3:7). Social justice is essentially the outworking of this way of life in our relationships with others. It is not an option that we may accept or avoid at our choice; it is a necessary part of our practical Christian living. Peace is central to these 2 faiths. This is reflected historically in their use of similar greetings meaning â€Å"peace be upon you†: pax vobiscum in Christianity, and salaam alaikum in Islam. Often, however, the greeting of peace has been meant primarily for members of one’s own faith community. Each religion has its own roles and responsibilities, the Islam religion have there responsibilities for husbands and rights of the wife; there are four main rolls for wife’s in marriage, the first is Obeys husband on matters not against Islam, the second is Ensures the conjugal rights of the husbands; this means that With respect to intimacy, a wife may not deny herself to her husband. As this is one of the reasons why Islam legalizes marriage, because in Islam sexual intimacy is only applicable strictly to husband and wife. The third is Protects husband’s honor and property this includes to not receive anyone in his home whom he does not like. In case, she’s entrusted with any funds, she must discharge her duty wisely and thriftily. The fourth is to manage the household and upbringing of children’s welfare. The husband’s roles and responsibility is to provide  mahr (dowry), Serves as protector and the guardian of the wife, and Treats wife with kindness and fairness, which means to never throw vulgarity at the wife. In Christianity besides of the mans role of providing for the family and the women’s role says the ability to properly manage the household it says God created for husband and wife to share in the same goals but have different roles. Together they compliment one another and work together in harmony. A similarity is that Christianity and Islam believe that people should follow the Ten Commandments and the moral teachings of the prophets. When discussing differences between Christian and Islam worship, we should also note that Muslims are very attentive not just to the interior aspects of worship but to the external aspects as well. In this Muslims have much more in common with Eastern Christianity than with Western Christianity, especially Protestantism. Like E astern Christians, Muslims use their whole body in prayer. Both groups, for instance, make prostrations before God in their worship. This research project has helped/shape and strengthens my own views on another faith and my own faith, which is Christianity, I have earned a lot about Islam and I never knew that it could have some similarities to the Christian faith. When it comes to the principals, values and traditions of Christianity that I will pass on to my children and hopefully they can pass it on to theirs to keep the Christian faith going on for more generations.

Globalization and Immigration - 2438 Words

Introduction Nowadays migration is getting to be one of the dominant characteristics of the modern world since at the present moment that movement of people and migration of citizens from one country to another become a norm. Not surprisingly that such unparallel and extremely high level of migration results in substantial demographic, ethnical and socio-cultural changes in many countries of the world. In this respect, it is worthy of mention that such a situation with the migration is the result of the recent trend in the world economy which is characterized by processes which are generally called globalization. The process of globalization is overwhelming and involves practically all countries of the world with rare exceptions which†¦show more content†¦Naturally, it resulted in an extreme specialization of countries that makes their economies one-sided, and consequently more exposed to economic and social crisis. However, globalization developed international contacts and made it possible to cooperate on the global scale. As a result, nowadays, basically due to the high level of development of IT and Internet, specialists physically living in different countries of the world may work on one and the same product. So, it may be said that globalization â€Å"eliminated geographical boundaries between countries† (Gomory 2002:187). As for its effects, they are quite contradictive. The contrast is particularly obvious between well-developed countries and developing ones. In short, its effect may be expressed in one phrase, richer countries become richer, and poor countries become poorer. Though it sounds a bit radical and more precisely, it should be said that globalization makes developing countries more dependant on well-developed and it also makes practically all the countries of the world more submitted to global crisis since their economies are closely interlinked than a crisis in one country would lead to the same effect on economies of other countries that are its economic partners. In this respect, migration seems to be probably the most effective by such a striking contrast that leads to high level of emigration from developing countries and respectively high level ofShow MoreRelatedImmigration And Globalization1734 Words   |  7 PagesIntroduction How does immigration impact an individual’s likelihood to identify with a national identity, or a larger global identity? Does immigration, a component of globalization, impact one identity more than another? 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