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Video Game And Going Global Topic Paper
Thursday, August 27, 2020
DB 2,3,4 Your thoughts Al Assignment Example | Topics and Well Written Essays - 750 words
DB 2,3,4 Your musings Al - Assignment Example cticut, Hawaii, New Jersey and the District of Columbia are nearly in a superior situation with a B+ grade, as they award the office of paid wiped out leaves, paid clinical leaves for pregnancy and paid family leaves. As indicated by Wilke (2014), despite the fact that there are 181 nations giving maternity leaves and 81 countries giving paternity leaves, the US offers none of these leaves either to new moms or new dads. Moreover, none of the US national business strategies is distinguished to guarantee compensated days off, pregnancy facilities and different backings to unexperienced parents. In any case, the states are currently finding a way to build up a parent-accommodating working environment by actualizing different laws, according to Wilke (2014). The different Acts, for example, the ââ¬Å"Family and Medical Insurance Leave (FAMILY) Actâ⬠, the ââ¬Å"Healthy Families Act and the Pregnant Workers Fairness Actâ⬠are likewise on the path to get actualized in the US (W ilke, 2014). Evidently, the deductions of the article uncover situation major formative need of parent-accommodating working environment in the US, wherein, aside from the previously mentioned strategies, specialists are recommended to acquire greater adaptability authoritative timetable and telecommunicating offices. In this article Maurer (2014) means to sum up the effects of the new revealing arrangement of Brazil, alluded as eSocial. The new framework assesses unifying and normalizing data on charge, standardized savings, work and friends information into an unmistakable database and afterward providing it to various administrative associations. According to Maurer (2014), despite the fact that the date of usage is yet not finished, however it makes certain to incorporate all huge and mid-pay representatives. In this way, decrease in bankruptcy, tax avoidance and misrepresentation alongside improvement of the review of business records are foreseen as the consequence of actualizing the new detailing activity. According to Maurer (2014), the procedure appended to the new framework is improved and can be
Saturday, August 22, 2020
J.K.Tyres Analysis
J.K.Tyres Analysis Official synopsis A little, true and devoted advance towards the satisfaction of my obligations and obligations guaranteed me a monster jump to aggregate information and genuine presentation to business throughout my mid year preparing period. My first experience of corporate world began with large casing organization J.K.Tyres, a division of J.K.Industries. The activities given to me manages fitment pattern, piece of the pie alongside shoppers discernment for J.K.Tyres in truck tires fragment. The territory distributed to me was Ghaziabad and Meerut and the time term in which we finished our task was from tenth May to 24th June. The examination, which was conveyed, was a greater amount of clear research in this way had an arranged approach. For suitable outcomes information assortment technique is completely fundamental, in this task I need to rely on essential information, so keeping this in my brain I gathered the information through a lot of survey and with the assistance of perception strategy to get the precise information and time to time I made the summery of gathered information so all the pieces of information are accumulated at a solitary spot. Individual meetings (with poll) of the client are taken so as to get their own free perspectives. I have taken an example of 230 trucks for realizing the fitment pattern and I have attempted to cover the whole client, in the process I met with 90 transporters. In information examination part different measurable instruments like pie bar graphs are utilized for similar investigation and accommodation in understanding the information to make the information livelier Organization PROFILE ââ¬Å"Excellence comes not from negligible words or strategies. It originates from an inclination to endeavor and convey the best. Attitude that says, when it is sufficient, improve it. It is a perspective that comes just from a force within.â⬠H.S. SINGHANIA J.K.Tyres a division of JK businesses is a lead organization under the umbrella of JK association. The approach of JK association on the modern scene of India nearly synchronizes, with the start of a period of mechanical mindfulness an undertaking for independence and the setting of a powerful Indian Industry. This was path back in the center of the nineteenth century. What's more, the rest that followed is history. VISION OF THE COMPANY To turn into the most respected organization in India focused on greatness Fundamental belief JK association has been a herald in the monetary and social progression of India. It generally planned for making openings for work for a large number of comrades and to give top notch item. It has endeavored to make India independent by spearheading the creation of various mechanical and buyer items, by embracing the most recent innovation just as building up its own ability. It has likewise under taken mechanical endeavor in a few different nations. JK association is a relationship of mechanical and business organizations and magnanimous trusts. Its part organizations, utilizing about 50,000 people are occupied with the assembling of an assortment of items and in various fields of trade. Trusts are dedicated to advancing mechanical specialized and clinical research training strict qualities and furnishing better living and amusement offices with the soul of social awareness highest in the psyches of J.K. association and along these lines it is focused on the reason for human turn of events. Today J.K. association, and relationship of mechanical and business organizations and beneficent trusts, keeps on developing to more noteworthy statures under the stewardship of its leader, Shri Hari Shankar Singhania The essential business of JK association incorporates tire, paper, concrete, medications and pharmaceuticals, agri. Hereditary qualities, dairy and food items sound attractive tapes, sugar, makeup, woolen materials, steel, building, material dealing with framework, and so forth. The gathering other than having a predictable record of development and broadening has gained notoriety for quality for every one of its items and the greater part of its items appreciate an authority status in their particular market sections. To adapt up to the interest in the market the vast majority of the organizations in JK association are confirmed for global quality frameworks like ISO 9001,ISO 1401 and QS 9000. JK INDUSTRIES LTD. J.K. Ventures is a consolidation corporate substance that is symbolic of greatness, enhancement and spearheading new advancements. A piece of J.K. Association, which positions among the top private gatherings in India. J.K. Businesses is focused on confidence and follows an ethic that sees clients fulfillment as a file of accomplishments. Throughout the years the organization has extended and enhanced its business portfolio. It has formed into a multi item, multi-area corporate element involving following business division. Foundation Gathering organizations Straw and JK Synthetic advanced JK Industries, which have a place with Shri Laxmipaty Singhania group of the J.K. Gathering, in 1951. It was at first occupied with overseeing office business. Assembling exercises started with charging of a 0.4mn tires and cylinders plant, in 1977 at Jaykaygarm, Rajasthan, in specialized tie up with general tire worldwide Co., U.S.A, for producer of nylon predisposition and spiral tires. JKI was the first local producer of outspread tires. The limit later expanded to 0.625mn tires. The Rajasthan plant work issues in the past limit use levels have been low. In 1981, another processing plant was set up at Banmore, close Gwalior, M.P for the producer of 0.6mn tires, limit has been slowly expanded in both the plants and at present JKI has a joined limit of 2.13mn tires. In FY90, it set up JKI agri-hereditary qualities, to technique, process and conveys half and half and high yielding seeds of grains, Oilseeds and heartbeats under the brand name of J.K. Seeds. In FY91, it set up J K Pharmachem, a JV with TIDCO for the production of Penciling. It has likewise set up an exchanging arm by the name of J K Worldwide, which bargains in a scope of merchandise including agro items, calfskin item, materials and marine item. In FY12/96, the companys pharmaceutical business was rebuilt and hived off to JK Pharmaceuticals Ltd Presentation ABOUT Tires Tire is an irreplaceable piece of our vehicle and should be picked and taken care of with care. The wheel was concocted more than 20,000 years prior. Early wheels were normally produced using wood and as these were not adaptable, the ride was amazingly hard. In 1939, CHARLES GOODYEAR found the culcatisation procedure, which gave elastic its versatile properties. In 1845, R.W. THOMPSON recorded a patent for versatile; air filled belt of elastic ascents texture and calfskin. He had incredible any desires for his development getting fruitful, however no one was persuaded that one could ride on air; Thompson was unfortunately compelled to relinquish his thoughts. In 1888, JHON BOYD DUNLOP reexamined the pneumatic tire and documented a patent asserting simple activity over unpleasant streets, invulnerability from vibration and sped up vehicle. Throughout the year, a few strategies were attempted to keep the expanded pneumatic tire fixed to the wheel. By the 1920s most tire had steel wire beading, which permitted a tire to remain solidly fitted to the wheel edge. Improvement was moderate and the early tire had a pained existence, a portion of the normal issues were punctures track division, splitting, tearing and even victories. Since tire went on for just a few thousand kilometers, the expense of swap additionally represent a huge piece of costs. Early tires were basically white since they took their shading from the strengthening specialist zinc oxide. It was not until carbon dark was seen as the best strengthening operator that tire become dark. In 1948, MICHELIN made a most critical commitment by presenting the spiral tire, which was to impact tire plan everywhere throughout the world. Radials offered a lot of unrivaled hold in any case, the rede was cruel and they likewise tended to lose grasp out of nowhere once the restrictions of attachment were crossed. Interestingly, the cross-employ tire lost its hold, in a progressive way empowering the driver to make remedial move. At that point another age of spiral tire advanced, in which the belts were made of rayon, which being progressively adaptable, forestalled abrupt loss of grasp. The advancement of the spiral tire realized a great deal of changes. For the initial 60 years, the tire business had not had the option to deliver a tire that satisfied its considerable rundown of necessity. Great quality was accomplished distinctly at the expense of controlling reaction; also additional grasp brought about quicker wear and a shorter life. The spiral tire changed this; its structure was with the end goal that each piece of it could be planned freely. The track, sidewalls, and so forth could have a different development and they could be produced using various materials. New materials, rubbers compound, engineered polymers, producing techniques, all have brought about present day tire getting increasingly dependable, sturdy, more secure and nearly support free. Truth be told, cutting edge tire are acceptable to such an extent that the vast majority of us underestimate these and don't try giving them the second look. Anyway it is significant that we improve. THE ORIGIN OF WHEEL Well off courteous fellows propelling himself through 1820s London on a hobbyhorse would have utilized his muscles similarly as productively as a dispatch evading todays traffic on a trail blazing bicycle. The tale of bike innovation has been one of going quicker for a similar exertion, analysts have found. Alberto Minetti, of Manchester Metropolitan University, and associates have been taking a gander at the work expected to impel various bikes of various rates. The bikes ran from the leisure activity horse a costly toy from the 1820s which riders kicked alongside their legs, velocipedes with pedals fixed to the front wheel, through to chain-driven pattern of the 1880s that look a lot of like todays. The primary advantage of cycling instead of running or strolling, the specialists found, is that the riders appendages no longer bear their weight, thus their endeavors can be dedicated to drive. Indeed
Friday, August 21, 2020
Finding One Page Essay Samples
Finding One Page Essay SamplesYou will want to make sure that you can find one page essay samples on the internet. There are so many sites online that you could easily get lost in all of the different topics you can write about. You want to find something that is not too technical for the beginners as well as more simple for the more advanced student.When you are writing a standard essay you want to be able to write on a number of topics. You need to be able to vary the topic of your essay from time to time. As you are writing these different essays, you will be able to fine tune your skills to what you can do well on a particular topic. This is one of the main things you should do before starting the actual writing process.One of the best ways to find these one-page essay samples is through an instructor. This way you can actually learn from a professional how to do it yourself. It can save you a lot of time and money when you start writing.When you look at the resources that are av ailable online, you will see that there are many sample essays out there for you to choose from. You want to make sure that you know how to format your paper properly when you are writing this particular paper. You will want to have everything ready ahead of time and this is something that you want to take care of before you begin.The next thing you want to check is what kind of format you can use for your one-page essay samples. If you are looking for a specific style then you want to go ahead and try and find one that matches your needs. You also want to make sure that it is easy to read and very concise.Writing a good essay will require that you know how to be organized and keep track of what is going on. If you do not take the time to organize your thoughts, it will be hard to come up with something meaningful. Make sure that you have your notes and you have included everything needed to compile them in your writing.The last thing you want to do is make sure that you are not a s tranger to the information that you need to include. Do not just jot down anything and everything and allow the details to gather dust on the side of the book. You want to make sure that you are able to link all of the information that you need together.There are many places that you can find one page essay samples that you can use for your own essay. With all of the different forms that you can write a paper in you will be able to find what you need with ease. This is the best way to ensure that you can come up with an impressive essay on your own.
Tuesday, May 26, 2020
Essay on The Weirdest Phobias
I know nothing about curing phobias. But with a little research, I have found out that fears of spiders, height and fire are not the most unusual at all. It turned out that there are weird phobias one can hardly believe in! I have not the slightest idea of how people, who suffer this kind of phobias, cope with the conditions, but some of the types of anxiety disorder are simply hilarious. How about Nomophobia? To speak more clearly, the case in point is about fear of being without mobile phone coverage. The name for this kind of anxiety disorder was coined a couple of years ago, on the basis of some researchers performed by the experts who have discovered this very phenomenon. In accordance with the most recent surveys, more than half of people in the United Kingdom of Great Britain suffer from Nomophobia. The fear is usually brought on the panic, which is caused by losing the signal, battery running out or, in some cases, even losing sight of the gadget. To continue our top phobias list, we proceed to the â⬠¦ Papaphobia! The fear of the pope or the notion of papacy in general. This is a pretty uncommon type of phobia and is closely related to the fear of sacred and holy things ââ¬â Hierophobia. To say more, Papaphobia is also related to the Hagiophobia that is an irrational and exaggerated fear of various holy things and saints. As a rule, this kind of phobias is triggered by the trauma that is usually associated with the pope. The next point in my list belongs to the Somniphobia. This type of fear comprises excessive and irrational phobia of falling asleep. The people, who suffer from this disorder, are afraid of falling asleep for the reason that they associate this process with death. Somniphobia may also result from suffering continuous nightmares or a feeling of lack of control. In addition to that, these individuals may also be afraid of losing time when sleeping in their beds. If your boyfriend or girlfriend is an Ombrophobe, youââ¬â¢re not going to have a romantic promenade in the rain. The point is that people called Ombrophobes have an abnormal fear of rain. Moreover, this type of phobias may even cause severe anxiety attacks. According to the researchers, this phobia is usually triggered by a great number of various factors, including the well known fact that kids are often warned that if they go out in the rain they will get ill. Besides that, many people tend to associate rain with autumn depression. To my personal viewpoint, one of the stupidest phobias that nowadays exist is the Pogonophobia. This type of anxiety disorder has been used since the 1850s to provide the most suitable description for the fear of beards. You wonââ¬â¢t believe but there are individuals, who are afraid of small holes. As funny as it may sound, there is the type of phobias called Trypophobia. In accordance with the most recent findings, Trypophobia is not yet officially accepted anxiety disorder. Nevertheless, a lot of people from all parts of the globe suffer now from it. The brand-new researches revealed that small holes are usually associated with danger. Among the examples of the feared objects one should point out sponges, honeycomb and any plant that has small holes in it. This type of phobias has its symptoms that are the following: itchy skin, nausea and even severe panic attacks If you ever perform a research on the phobias that exist nowadays you will find out that one may be afraid of every single thing on Earth. To my mind, being afraid of something takes away the bright colors from our lives. Fear spoils a lot of fun!
Friday, May 15, 2020
Wednesday, May 6, 2020
The Sustainability Secret - 755 Words
Cowspiracy: the Sustainability Secret is a 90-minute film asking why the leading environmental organizations are acting uninterested and ignoring a leading cause of environmental damage. It s co-producers Kip Andersen and Keegan Kuhn are the leading the argument that our ways of trying to save the world individually by ways like taking shorter showers, not letting the faucet run, changing the lightbulb to fluorescent, riding a bike instead of your car, and many other little way people believe will save the environment but the harsh truth is making homes more water efficient and taking short showers will not make more water available, driving bike instead of cars will not solve the carbon emissions problem, installing LED lights will not stop global warning. Environmental issues will not make a collective difference unless we also confront the real problem, which is animal agriculture. Animal agricultureââ¬â¢s environmental effects are so major and which have altered our world that progress elsewhere by individuals cannot counter its destructive and growing impact. The film informs us about issues we probably are all familiar with but do not know much about. It suggests issues like why protection for expanded areas of the ocean will not protect oceans or ocean animals. It also suggests that growing food organically, even on a commercial scale, will not protect the land and even keeping lumber operations out of the Amazon will not save the rainforest. Our main point of view whenShow MoreRelatedCowspiracy : The Sustainability Secret1272 Words à |à 6 PagesDirector, producer and now renown environmentalist, Kip Anderson, in his 2014 documentary, ââ¬Å"Cowspiracy: The Sustainability Secret,â⬠portrays the issues of the CFAO (confined animal feeding operations). Anderson is seen bringing out these issues to the attention of many environmental groups throughout the United States. According to the film, animal agriculture is at fault for the current devastation of the environment and also Global warming. The film gives prominence to what many experts on hisRead MoreUnilever And Gamble s Corporate Social Responsibility Stances Essay1389 Words à |à 6 Pagesrelating to deforestation, commitment to small farmers and sustainable agriculture practices, and clean water. In Procter and Gambleââ¬â¢s sustainability report, they implement a no-deforestation plan for suppliers, small-farmers program to improve practices and livelihoods, and their Childrenââ¬â¢s Safe Drinking Water program to provide clean water for families. (ââ¬Å"2015 Sustainabilityâ⬠, 2015). Similarly, Unilever wishes to eliminate deforestation by 2020 to combat climate change, encourage sustainable agricultureRead MoreMarketing Plan For The Federal Office Of Family Assistance1190 Words à |à 5 PagesBy: Bernice Sanders Smoot, President and Founder of Saint Wall Street LLC OFA Heading Introduction There is no advantage in your program being the best-kept secret. People donââ¬â¢t fund secrets; they fund programs they know and trust. Branding builds familiarity and trust. Thus, branding is critical to sustaining your program. Even if the organization under which your program operates has an established brand identity, your program will need at least a co-branded identity, if the intent is toRead MoreCoca Cola Sustainability Essays922 Words à |à 4 Pagesa multinational leader in the beverage industry, best known for its flagship product, Coca-Cola. With such global recognition, their sustainability efforts are significantly prominent, with different geographical regions having different initiatives to help the world generally, especially less fortunate communities. In the United States, their latest Sustainability commitment called ââ¬Å"Me, We, Worldâ⬠has the goal of creating social value and making a positive difference for the consumers and communitiesRead MoreCompetitive Advantage Of Coca Cola957 Words à |à 4 Pagesis value adding and is not now being implemented by its would-be competitors. The sustainability of a competitive advantage is rather difficult and although a competitive advantage can be sustained it has been recorded that this is not always the case. A fellow competing company can equally penetrate the market and invalidate the initialââ¬â¢s firm competitive advantage. In this instance, we do see that sustainability in the context of sustainable competitive advantage is not reliant on the time. A competitiveRead MoreThe Concept of Sustainability in Todays Business Leadership1314 Words à |à 5 Pagesthe concept of sustainability has become paramount for sound practice. Indeed, any company that publicly makes itsel f liable to unsustainable practice tends to be maligned by its customers and rivals alike. Human-created environmental disasters such as the one involving BP recently proves the point that companies can no longer take a cavalier attitude towards environmental concerns. For this reason, an increasing amount of business leaders are focused upon increasing the sustainability of their businessRead MoreUnit 37 Understanding Business Ethics Assignment1494 Words à |à 6 PagesThe cocaine and caffeine were very bitter tasting, so plenty of sugar was added to mask these flavors. Citric acid then had to be added to provide some bite that would counter-balance the sweetness. This creation of new syrup became Coca-Cola. The secret formula of Coca-Cola From the beginning other companies tried to be as successful as Coca-Cola. What is so special about this syrup? What are its substances? Just one look at the name and youll know the two main ingredients of Coca-Cola. The leafsRead MoreGlobalization s Time Is Up By James Howard Kunstler1162 Words à |à 5 Pagessleepwalkingâ⬠to what this dream demands in resources. The dirty secret of the US economy is based on linearity rather than cyclical sustainability (which is ideal in maintaining limited resources such as oil). When it comes to the monetary system however, anything that is sustainable has little value, business wise. If a family converted their front and backyard to grow their own food, they would have less food to buy, and it is this kind of sustainability that hits the monetary system in a negative way. ConsideringRead MoreThe Standards Of Behavior Team Energy1328 Words à |à 6 Pages the management is serious in wanting to do things right while promoting sustainable development in the country. This resulted to TeaM Energyââ¬â¢s first sustainability report in 2009 which fulfilled the requirement of GRI-G3 guidelines at Application Level C (self-declared). The Global Reporting Initiative (GRI) is a global standard in sustainability reporting and according to the guidelines the report accuracy and veracity of the report must be based on test criteria to assess the reporting organizationââ¬â¢sRead MoreAnalysis Of The Environmental Non Sustainability Of The American Coal Industry1416 Words à |à 6 Pagesthe Environmental Non-Sustainability of the American Coal Industry Title of Book: Big Coal: The Dirty Secret Behind America s Energy Future Author: James Goodell Publisher: Houghton Mifflin Co., 2006. James Goodell is a long-time contributing columnist for Rolling Stone Magazine and the New York Times Magazine. Goodellââ¬â¢s main contributions are writing about environmental issues, such as industrial pollution, and the problem of long-term environmental sustainability. Goodell does meticulous
Tuesday, May 5, 2020
Brexit Prevailing Country
Question: Discuss about the Brexit for Prevailing Country. Answer: There is a mixed feeling prevailing in the country regarding the Brexit. Some people are voting for Brexit, as they think exiting from the European Union will boost up the British economy as the freedom from the European Union will provide the British economy a lot of new chances outside Europe. Others are voting against Brexit, as they think this exit will limit their available options in the open market scenario, resulting in a net loss for the economy. The whole article is divided into several categories, namely, "the broad economy, jobs, trade, immigration, status in Europe, and position in the world." All these categories contain the arguments that have been placed so far regarding Brexit. Economists over the country have attempted to quantify the outcomes of Brexit. Some of them have argued that Brexit will cause the economy to suffer permanent losses due to weak trade structure and minor investment from the European Union. National Institute of Economic and Social Research (20 04) suggested Brexit will bring in a permanent loss in UK's GDP by 2.25 percent because of the reduction in Foreign Direct Investment (FDI). Jonathan Portes, an economist, raised an argument to that stating, the world economy has changed remarkably in last ten years (Allen et al. 2015). The economists from Centre for Economic Performance (CEP) suggested that there would be a fall in income around 6.3 % to 9.5 % of the current GDP. The optimists have calculated the loss around 2.2 percent of the GDP. The authors suggested that Brexit will give a burden to the economy of Britain imposing a substantial cost. According to CBI, a business group staying in the European Union will provide a benefit of 4-5% of the GDP (Thomson 2016). Figure: Impact on level of GDP. Source: International monetary Fund report. The figure above shows the forecast of International Monetary Fund on UKs economy. It is showing the difference from the base in percent for two possible scenarios. The people who are indifferent in making a choice over Brexit yet, stressed that the consequences could go either way. They said, the country's GDP will reduce by 2.2percent if the center fails to strike a deal with the European Union, but if it does succeed, Britain can gain 1.6 percent of the GDP by the year 2030. According to the economists like Roger Bootle, without a fundamental reform, staying in the European Union is not worthy enough. In the year 2012, UK paid a net worth of 9.6bn into the European Union. The CER states that even if UK is a net contributor to the European Union, but the later's regional and agricultural funding are something the country will miss. According to an optimist, Tim Congdon, UK is losing around 11.5% of its GDP per year due to being a part of the European Union. Although some people are saying Brexit will cost UK three million jobs from the trade industry, others are arguing stating the fact that those jobs are directly related to trade (Wallace, P ollack and Young 2015). Hence, an unchanged scenario in trade market will ensure the jobs to be as it is. People against Brexit fears, without the European Union the trade market will shrink for the UK, as the countries who are in trade relation with UK are mostly from the European Union. But economists like Bootle said this is hardly going to change the scenario as the chance of having a bigger world market will follow the Brexit. Even the European Union will try to strike a deal after Brexit, with Britain, as UK has an enormous role in the European Union. The immigration scenario in UK after Brexit is still in a hazy situation. Without a proper replacement of the current rules, the future is unsure. According to some people, Brexit will hurt UK's influence over Europe. But the people voting for Brexit are hoping that UK will regain its influence over the European Union with time (Dhingra, Ottaviano and Sampson 2015). No.2. According to Authors, Our current assessment is that leaving the EU would be likely to impose substantial costs on the UK economy and would be a very risky gamble. (page 2 of 10)- in light of the article and based on your own research, please explain why the authors suggest so. Can you provide a justification for the creation of European Union (hereafter EU) at the first place? According to the Brexit pessimists, Brexit will result in an increase in tariff barriers. This difference in the patterns of arrangement between the European Union and the United Kingdom will be followed by an increasing cost of trade. They suggest, 9.5 percent of the UK's GDP will be the cost of Brexit, which is equivalent to 150 billion. The scenario will be same as the 2008-09 financial crises in the United Kingdom. Britain can have unfettered practical terms of access to the enclosed market of the European Union, like the countries Switzerland and Norway do. But this has the potential of a loss of 2.2 percent per annum of their economic output, which is equal to 35 billion. Trade with the rest of the Europe has risen from 30 percent to 50 percent in a span of forty years approximately. The UK government is yet to create a sound plan regarding the European Union and the countries within it. Issues like UKs access to the European market, movement of factors of production and trade barriers are still unattended by Brexit advocates. These may result in a short-run depreciation in the pound against most major economies. Countries, who saw UK as the gateway to the European market will stop Investing in UK after Brexit. Another cost of Brexit is a reduction in the employment rate (Dhingra et al. 2016). According to the pessimists, persons who are involved in trade with other European Union members wil l lose their jobs as terms of trade with the European Union will deteriorate. Reduction in foreign domestic investment is also another cost to the UK economy according to them. This will lead to a substantial loss in the country's GDP. There will be consequences with immigration too (Booth et al. 2015). Britain might lose all the advantages it is getting from the European Union currently. "The dream of splendid isolation may turn out to be a very costly one indeed," it concludes. Figure 1: Exports and Imports of UK in EU era. Source: The National Archives, UK. The figure above shows the total export and import of services to Europe under EU era. The graph states that both export and import increased over time. As an aftermath, The European Union was formed after the Second World War. There was a common belief that those countries which trade with one another become economically interdependent. As a result of this, these countries try to avoid any conflicts which might result in a war. 28 countries united under the European Union with the goals of a political and an economic union. These countries are independent, yet they agree to trade under the agreements, which were made among the countries before. The countries in the European Union were Ireland, Italy, Latvia, Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Republic of Estonia, Finland, France, Hungary, Lithuania, Luxembourg, Malta, the Netherlands, Germany, Greece, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden and the United Kingdom (Minford et al. 2015). Recently the United Kingdom left the European Union. The European Union has created a large single market, which allowed the member nations to m ove goods and services, capital, and people freely. No barriers would exist in the form of borders and political restrictions. All these make the idea of the United States of Europe an intriguing one (Recina and Officer 2016). No.3. The article argues, The general rule is that if a country like Britain were to cherrypick and discriminate against individual EU member states, the EU would at least threaten to retaliate (page 7 of 10). Do you think that Britain, as a non-member of EU, will co-operate with the EU? Explain. The European Union has its migrants in the United Kingdom, as well as, there is a huge number of British people who are working in the member countries of the European Union. In this situation, both the authorities have to cooperate to come up with new solutions, which will make the migration process easier for the people. In reality, Britain has drawn its list of the member nations of the European Union, whose citizens will need a visa to enter the United Kingdom. This will make entering into Britain scenario terrible for the people of the countries which are poor, for example, Bulgaria and Romania (Butler, Dagnis and Snaith 2016). Citizens of these countries will face a long list of forms and regulations to get in to the United Kingdom. On the other hand, people from wealthy nations like France and Germany, which has a better tie with the British government will be able to get a visa for entering into Britain much more quickly. This theory advocates discrimination, which was the ma in avoidable point for the European Union. According to Steven Peers, a professor of EU law at the University of Essex, the European Union has a joint visa list. Britain making a list of its own will hamper the fluency of the process, disrupting the United Kingdom and the European Union's transparent immigration pattern complicated. This will lead to a complex process for the citizens of the United Kingdom applying for visa every time they try to cross the Channel (Lodge 2015). Those people of the United Kingdom who are already living in the other European Union member nations will face integration rules. They might have to qualify for certain attributes, like the requirement to speak the language of the host country, to get a long-term residency status. This will, in turn, make the situations in the borders of the United Kingdom vulnerable. The politically sensitive borders will require more attention and resources (Koutrakos 2016). Figure 2: Percentage of change in growth. Source: OECD quarterly national count. The above figure shows that the fluctuations in percentage change in real GDP growth for UK was much more high than the member countries of the European Union. Trading with the member nations of the European Union will be complicated due to this immigration process, for the United Kingdom. The trading giants will lose interest in investing their resources in Britain's market because of this complexity. Moreover, this might increase the shipping charges and cost of production for the British companies, as the free flow of goods and services, people, and resources will be hampered. If the European Union retaliates with some other strict policies for British people, the later will be a net loser (Piris 2016). This makes the United Kingdom take an interest in keeping a good relationship with the European Union. Hence, it becomes mandatory for the United Kingdom to cooperate with the European Union. This leaves the United Kingdom only the choice of being a non-member of the European Union and have good terms with the European Union (Lang 2014). No.4. Do you think that the global economy might slow down because of Brexit? Explain. Brexit has a huge role in the global economy. The consequences of Brexit can be divided into two parts, short-run and long run. Joining these two parts will bring complexity into the scenario. In the short run, Brexit will bring uncertainty over the terms of trade, employment, relationship with the European Union, etc. This uncertainty will lead to a fall in exchange rate of the United Kingdom's pound, reduction in Foreign Direct Investment, and much more. This will slow down Britain's growth in GDP (Stokstad 2016). Trade will get disrupted. Countries, which were in a trading relationship with the United Kingdom, will face complexities over trade. The United Kingdom had a huge role to play in the European Union's policies. Brexit will have adverse effects on the European Union too. The import-export market will get muddled as the whole Europe will be busy in absorbing the aftershock of Brexit. Small countries, whose GDP depend on trade with the member nations of the European Union will suffer. In the short run, the value of the pound will deteriorate making import difficult for the United Kingdom. This will decrease the demand by British people in the world market. Hence, it can be concluded that Brexit will bring in short run glitches in trade, marketing, financial services, regulation, and productivity in most of the countries' economies which are influenced by the United Kingdom (Kierzenkowski et al. 2016). Figure 3: Exports of EU and Non-EU countries. Source: Oxford Economics. The figure above shows the difference between the EU and Non-EU countries export of goods and services. In the long-run, the United Kingdom will take advantage of the deteriorated value of the pound, increasing export of the country. With time, their economy will achieve equilibrium once again. Countries with big markets influencing the world economy, like China and India has started working on this matter to avoid the aftershocks of Brexit. The reverse effects of Brexit will evaporate gradually over time. The economist, Obstfeld said, This overlay of extra uncertainty, in turn, may open the door to an amplified response of financial markets to negative shocks." According to the International Monetary Fund, Britain losing access to Europes common market and financial markets will face a reduced economic growth by 5.6 percent over the next three years. Some economists like Paul Krugman still believes that eventually the aftershocks of Brexit will phase out from global economy (Dorling 2016). References: Allen, K., Oltermann, P., Borger, J. and Neslen, A. (2015). Brexit what would happen if Britain left the EU?. [online] the Guardian. Available at: https://www.theguardian.com/politics/2015/may/14/brexit-what-would-happen-if-britain-left-eu-european-union-referendum-uk [Accessed 31 Aug. 2016]. Booth, S., Howarth, C., Persson, M., Ruparel, R. and Swidlicki, P., 2015. What if...? The Consequences, challenges opportunities facing Britain outside EU. Open Europe Report, 3, p.15. Butler, G., Dagnis Jensen, M. and Snaith, H., 2016. Slow change may pull us apart: debating a British exit from the European Union. Journal of European Public Policy, pp.1-7. Dhingra, S., Ottaviano, G. and Sampson, T., 2015. Should we stay or should we go? The economic consequences of leaving the EU. CEP Election Analysis Paper, (22). Dhingra, S., Ottaviano, G.I., Sampson, T. and Reenen, J.V., 2016. The consequences of Brexit for UK trade and living standards. Dorling, D., 2016. Brexit: the decision of a divided country. Kierzenkowski, R., Pain, N., Rusticelli, E. and Zwart, S., 2016. The Economic Consequences of Brexit. Koutrakos, P., 2016. Brexit and International Treaty-making. European law review, (1), pp.1-2. Lang, A.T., 2014. The consequences of Brexit: some complications from international law. LSE Law: Policy Briefing Paper, (3). Lodge, J. ed., 2015. European Union: European Community in Search of a Future. Springer. Minford, P., Gupta, S., Le, V.P.M., Mahambare, V. and Xu, Y., 2015. Should Britain leave the EU?: an economic analysis of a troubled relationship. Edward Elgar Publishing. Piris, J.C., 2016. If the UK votes to leave. The seven alternatives to EU membership, Centre for European Reform, London. Recina, K. and Officer, R.P., 2016. EU Referendum: The Brexit Report. Stokstad, E., 2016. Uncertainty reigns in Brexit Britain. Science, 353(6298), pp.437-437. Thomson, I., 2016. The BREXIT Debate. The United Kingdom and the European Union. A guide to information sources. April 2016. Wallace, H., Pollack, M.A. and Young, A.R. eds., 2015. Policy-making in the European Union. Oxford University Press, USA.
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