The topic of interest is International trade. It is the trade between countries that involve the exchange of goods and services (Tutor2u, 2017). This type of trade benefits all countries involved when conditions such as a country’s GDP, living standards and the production of primary goods are stable (Simpson, 2017). It relies heavily on specialization and comparative advantage. Specialization is the focus on the efficient production of a particular commodity to minimize production costs. Comparative or absolute advantage states that countries can benefit from each other only if one country performs the production of a particular good better ...
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QUESTION A
A Credit Default Swap is a swap that protects the lender from the risk of loss resulting from the default by the borrower. The protection buyer of the CDS (the lender) makes periodic income payments (CDS premiums) to the protection seller who in return guarantees to pay the lender the principal in case the borrower defaults.
Cash flows when there is no default
Notional amount = $1 million Annual CDS premium = 4% × 1,000,000 = $40,000 Quarterly CDS premium = $10,000 If the borrower does not default, the protection seller will make a profit of $120,000 at the end of the third year ($10,000 ...
The article 2 of the Human Rights Act of 1998 is a fundamental provision that is usually invoked to safeguard the right to life of individuals and that which imposes the legal obligation of contracting states to take appropriate steps not only in refraining from taking life intentionally, but also to take the appropriate steps to safeguard life. This provision has become the controversy in many cases involving human rights torts, by virtue of the section 6 of the Act that provides a statutory cause of action against the public authorities or bodies. In many occasions the article 2 ...
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ORDER AN ESSAYOrganization Analysis Part 2
Organization Analysis Part 2 The American Public Human Services Association (APHSA) is a national nonprofit organization that has multiple programs to assist families from different backgrounds to improve in their lives. The organization is concerned with issues such as child adoption, child care, child support, child welfare, disabilities, food stamps and temporary assistances for poor families. The organization functions with many affiliates that include American Association of Welfare Attorney, American Association of Food Stamp Directors, among others. The study will carry out organization analysis to find out how the APHSA organization functions (APHSA, 2016). To fully incorporate the functioning ...
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