Wednesday, January 29, 2020

Alternative sources of energy Essay Example for Free

Alternative sources of energy Essay There are several alternatives of energy that can provide renewable energy. Renewable energy is usually generated from the natural resources such as wind, sunlight, rain, geothermal heat and tides. Some of the renewable technologies range from wind power, solar power, biomass, hydroelectricity and biofuels for transportation, (Chiu et al). Biofuel This can broadly be defined as liquid, solid or gas fuel that is derived from recently dead biological materials mostly the plants. It is thus distinguished from the fossil fuel that is generated from the long dead biological materials. Biofuels are theoretically produced from a biological carbon source. Photosynthetic plants are the most common source of biofuels since different plants as well as plant derived materials are all used in the biofuel manufacture. Use of biofuels is common in Asia, Europe and also in America, (Anselmo, P. , Badr, O). The use of this renewable biofuels does provide increased energy security and independence from the petroleum since it is a renewable source of energy. Various issues that form part of the recent debates on the use or no use of biofuels include; the fuel versus food debate, effect on oil price, carbon emission levels, sustainability, soil erosion and deforestation, its impact on available water resources, the potential of poverty reduction, human rights issues, its price, its efficiency and energy balance and the comparison of the centralized versus the decentralized models of production, (Powlson et al). The greatest challenge in the use of biofuels is the conversion of biomass energy to liquid fuels that can be transported. The two most common strategies that re employed include; 1. Growing of sugar crops such as sugar beet, sugar cane or starch such as maize/corn and then employ a yeast fermentation process to produce ethanol (ethyl alcohol). 2. Growing of plants such as soybean, oil palm and algae that do naturally produce oil. These oils can be directly burned in diesel engine since heating of oils reduces their viscosity or they can further be processed chemically to produce biodiesel. A good example is the conversion of wood as well as its byproducts into methanol, woodgas or ethanol fuel, (Batistella et al). First generation Biofuels This refers to biofuels that have been made from starch, sugar, vegetable oil or even animal fats by employing the conventional technology. Grains or seeds such as wheat when fermented into bioethanol are the basic feedstock used in the production of first generation biofuels. Sunflower seeds are also used to yield vegetable oil that is used in biodiesel. The feedstock used for the first generation biofuels have even found their way to the human and animal food chain and has thus been criticized for the diversion of human food into the production of fuels a move that has potentially caused food shortages as well as increase in food prices, (Chiu et al).. Though the quality of obtained oil for use as fuel maybe lower, vegetable oil can be used in some of the old diesel engines that were equipped with the indirect injection system though only in warm climates. In most of the instances, vegetable oil has been used to manufacture biodiesel that is diesel engine compatible especially when blended with the conventional diesel. An advantage to this is that most of the used vegetable oil is being processed into biodisel though it is also worth to note that such companies as Wartsila, MAN B W Diesel and Deutz AG do make engines that are fully compatible with vegetable oil, (Warabi et al). Biodiesel In Europe, this forms the most common biofuel. It is a liquid that is similar in composition to mineral diesel and is produced through the process of transesterification from fats or oils. It’s chemically regarded as FAME (fatty acid methyl (or ethyl) ester. Methanol (or ethanol) and sodium hydroxide are mixed with oils and the chemical reaction that results produces glycerol and biodiesel (FAME). For every ten parts of biodisel produces, one part of glycerol is also produced. Some of the feedstocks used to produce biodiesel include rapeseed, soy, jatropha, mustard, mahua, flax, palm oil, sunflower, field pennycress, hemp and algae, (Shah, P. S. , Suppes, G. J). When mixed with the normal mineral diesel, biodiesel can be burnt in any diesel engine. Most people have been able to run their vehicles purely on biodisel and have not reported any problems though in circumstances of lower temperature, it has the tendency of becoming viscous/thick and some vehicles may thus require a fuel line heater. Most of the vehicle manufacturer taking a precaution on this give out a 15% recommendation of biodiesel that is blended with mineral diesel though most of the newer diesel engines are being made in such a manner that they can run on with 100% biodisel without having to alter the engine, (Schumacher et al). In the US, the rate is not the same as in Europe since more than approximately 80% city buses and commercial trucks in USA are on diesel. It can thus be said that the US market for biodisel is one that is growing at a very slow rate, (Chiu et al) Bioalcohols Through the action of enzymes and microorganisms in the fermentation of starches or sugars, alcohols such as ethanol which is most common and the less common ones such as butanol and propanol are produced. Biobutanol is now regarded as a direct replacement for gasoline since it can be directly used in gasoline engine just as biodisel is used in diesel engines, (Dasari). Ethanol the worldwide common biofuel. Methods used in the production of are enzyme digestion. It can be used some of the petrol engines to act as a replacement for the commonly used gasoline or can as well be mixed to any percentage with gasoline. Worth noting is that most of the currently existing petrol automobile engines can run with a mixture of up to 15% bioethanol and gasoline/petroleum. Also a mixture of ethanol and gasoline has higher octane thus implying that the engine does run more efficiently and even burn hotter. Another advantage is that a mixture of ethanol and gasoline is recommended as a winter oxidizer in high altitude air so as to minimize the atmospheric pollution, (Emerson). The disadvantage of using ethanol as a form of fuel is that it has less energy content and thus it would take more fuel to cover the same distance as compared to the conventional diesel. It is also highly corrosive to the fuel systems, aluminium, rubber hoses and gaskets and combustion chambers. Though an ethanol powered aircraft has already been developed, Embraer EMB 202 Ipanema, it is illegal to use alcohol containing fuels in aircraft. Ethanol is also not compatible with the marine fiberglass fuel tanks as it makes them leak and for the 100% ethanol vehicles to be used, the normal engine has to be modified. It is also a great disadvantage to note that it is not possible to transport corrosive ethanol in the normal petroleum pipelines and thus a more expensive system that would involve stainless steel tank trunks would definitely increase the energy and cost consumption to deliver it to the customer, (Dasari). Less motivating is the net energy gained. When all the energy consumed in cultivation, farm equipment, planting, pesticides, fertilizers, fungicides and herbicides, irrigation systems applied, harvesting and transport, processing and transport to the fuel terminals when also considering the fact that ethanol has lower energy content, the net energy value that is delivered to the consumer is very small, (Shah, P. S. , Suppes, G. J). To counter these challenges of bioethanol, some of the manufactures make flexible-fuel vehicles (FFV’s) that do run on either petrol or bioethanol and even up to the 100% bioethanol mark. These kinds of vehicles have an exhaust oxygen sense system that is designed to adjust the computers system and thus the fuel injection system accordingly. Unfortunately, this leads to increased acquisition cost as well as maintenance cost. When maintenance of the FFV is needed, pollution emission increases and efficiency falls despite the ratio of the mixture. Worth noting also is that the FFV combustion engines are increasingly becoming more complex impacting directly on cost both of maintenance and reliability. Alcohol does also mix with water beyond blending well with petroleum and thus there is the potential of ethanol fuels absorbing environmental moisture despite being dried. Conclusion Countries such as United States of America are searching for alternative sources of energy and the USA aim is to replace the 75% imported oil with alternative energy sources by the year 2025, (Ramos, L.  P. , Wilhelm, H. M). The difficult task for the world is to weigh the advantages as well as disadvantages of alternative sources of energy in comparison to the conventional diesel. It should not be forgotten that the main source of ethanol for use as a biofuel is from corn yet the world is experiencing food crisis. It thus appears that there yet more that the world has to streamline in order to enjoy fully the benefits of biofuel.

Tuesday, January 21, 2020

“Hooray for the Underdog!” Essay -- Social Issues, Bullying

No one wants to be called an underdog. The emotional and feelings that comes when you keeo on trying. Being challenged as an underdog amongst peers, family members, even strangers, can have a long lasting effect for someone social being. Being casted as someone who can not measure up to any particular goal or ambitions, usually that person enters a stage of melancholy and loneliness. SHORTEN IT!!! Ever been dubbed the underdog? A society of called the United States of America was claimed to be the underdog from the old world However what happens if the station change and it was not an individual situation, but it’s was predicated on an entire nation? Usually underdogs never have the support to help their ideas and view to be noticed. One author took one this a underdog, America and showed how democracy in a new world can change society into a radical society of equality. When we are being bullied, it’s always nice to have someone to stick up for us during our time of need. Usually we do have someone who cares enough to stand up for us, but Sometimes that doesn’t not happen and we’re left alone to defend for ourselves. And we look to our own inner strength to build up our crushes ego. But, imagine, that the bullying was presented in a larger scale? Imagine the victim was a state, how would reactions play out? In Tocqueville’s Democracy in America, that sort of bullying was taking place. But as individuals would inattentively hurt one another, no, this is was a attack on a America and its citizens, such as the Puritans and the liberal democracy of the America. Tocqueville was sent to view the supposed faulty political system of America, but One that was looked upon hastily was the American Puritans ( add more) ... ...uotes) In the long run, this political behaviour (if not changed) can lead up to many problems in regards to building state to state relationships in the future. when trying to build relationship in between, and using prejudices to segregate as a way to keep only harm alliances. A democratic political system can look scary on the outside, but in the long run the system can improve, but only as its followers want to make their system into a better place. Tocqueville was right in standing up for America because he had the experience and the knowledge that citizens from the mother land did not. In truth, his main focus in the end was to show that America was more happier, peaceful, and hold teh keys to allow democradcy to build and expand to freedom for all.

Monday, January 13, 2020

Irish Drama Essay

In the book â€Å"Blood and Oil: The Dangers and Consequences on America’s Growing Dependence on Imported Petroleum† by Michael T. Klare, he focuses on the growing attention that the natural resource of oil has had and for sometime has been the main focus of just how American foreign policy has been molded to gain, either by force or peace, oil. Klare offers an important look at U. S. national security policy in very turbulent regions of the world where most oil is black gold. The author argues that U. S. foreign and military policy has been increasingly driven by the need to ensure reliable access to foreign oil, especially in the Middle East, and that American foreign oil dependence continues to grow, U. S. forces in increasingly find themselves fighting to defend oil producing regions and supply routes. Klare points out his thesis by documenting the substantial and growing U. S. dependence on foreign oil and the problems it has creat4ed, Klare describes the increasing involvement of the United States in the Middle East since World War II and with the particularly close ties with Saudi Arabia as well as the negative consequences of this involvement has on American security. The authors writes in detail the latest phase of the story by analyzing the energy strategy adopted by the Bush administration in 2001 and how this has only reinforced U. S. dependency on foreign oil with this being especially true in the Persian Golf. Klare goes on to describe the administrations polices toward that region. In chapter five the author discusses the possible prospects for diversifying foreign oil supplies and concluding that this approach offers little hope of reducing U. S. reliance on the Gulf even though it would increase the chances of conflicts in other region. In one description Klare discusses how the U. S. oil dependence may increasingly turn towards conflict with Russia and China. The author summary of what the cost of oil dependency in the final chapter and briefly gives an alternative strategy which would detach our pursuits of energy from security commitments to foreign governments by reducing oil consumption and in the development of alternative energy sources. Michael Klare gives a good argument and shows just what the national security consequences of U. S. foreign oil dependence or consequences that have been overlooked. The theme throughout the book is that American leaders have gone to great lengths to secure oil and has made this a matter of national security to be able to safeguard it through the use of military force. The author well documents his writings with a great number of notes and uses primary sources. The most shocking is the current policies Bush has in place towards the Gulf and how Bush has a very detailed strategy for the American domination of the Persian Gulf for gaining great amounts of oil. This strategy has three goals; the first is the stability of Saudi Arabia, the second was removal of Saddam Hussein and to replace him with a stable government that could give more output for oil and finally pushing Iran for a more stable leadership change. As the lust for oil increases an increase of military response will be seen as a necessary and just cause for wars. Reference: Klare, M. T. (2004). Blood and oil: The dangers and consequences of America’s growing dependency on imported petroleum. New York: Henry Holt.

Sunday, January 5, 2020

Body Image Eating Disorders and Obesity by Thompson Essay

The book breaks down the stereotype of what an eating disorder really is. In today’s society having an eating disorder means that you have some kind of â€Å"psychological frailty or illness† (1). When thinking about those that have eating disorders typically it is â€Å"young, middle to upper class, heterosexual white women† comes to mind (1). Their motivation is to take on the unrealistic appearance of models and reach the â€Å"standards created by advertisers and clothing designers† (1). The author in no regards is trying to down play women that have eating disorders because of the pressure of the media but is showing that there are other people and reasons for having eating disorders. This image that we currently have leaves out â€Å"women of color,†¦show more content†¦The author never compares or contrasts the rate of having an eating disorder from white women to minority women. If white women are more likely to partake in having an eati ng disorder that could explain why minority and lesbian women are not the primary focused on. Nor does the author discuss why white women are the main focus when it comes to eating disorders. It would have been nice if Thompson would have gone into more detail in the social factors of having an eating disorder. For example, since having an eating disorder is considered to be a â€Å"‘white girl’ phenomena†¦ professionals misdiagnosed or ignore women of color† (12). Thompson did not give details as to why this is true. It could be the fact, that the majority of magazine models and regular models are very thin white women. Even in movies and television there is rarely a depiction of the â€Å"average† or â€Å"above average† woman of color. This could be a large part of the problem. When some of these women were taken to the doctor as children they were considered to be too thin by their mothers and given medicine to curve their appetites instead of being properly diagnosed. Since, doctors are at the top of the medical ladder, what they is diagnosed is usually taken very seriously. When the doctor agreed with the child’s mother that the child was to too fat even though the child was not, this could leave lasting effects. When the child’s environment tells her that she is too fat, she has no choice but to conform.Show MoreRelatedInfluence of American Mass Media Ideals on Body Image and Eating Disorders in the U.S1243 Words   |  5 Pagesinfluence views of body image and the development of eating disorders? People living in countries influenced by Western culture show concern for their appearance or dietary habits daily. This paper will analyze the effect of mass media on the issues of body image and eating disorders in the United States. According to the Diagnostic and Statistical Manual of Mental Disorders-IV-TR (DSM-IV-TR) (2000) eating disorders are characterized by a disturbance in eating behavior, which can be eating too much, eatingRead MoreThe Relationship Between Ethnicity And Risk Factor For Eating Disorders1721 Words   |  7 Pagesfor Eating Disorders The relationship between ethnicity and eating disorder risk factors is a complex issue. There are many other variables that affect these two ideas, such as socioeconomic status, level of educational attainment, and acculturation. Flaws in studies such as unrepresentative and insubstantial sample size, and participation bias still have yet to be corrected for in order to obtain a more accurate understanding of the role ethnicity and its factors plays in eating disorders. PreviousRead MoreEssay about The Media?s Influence on Eating Disorders2203 Words   |  9 PagesThe Medias Influence on Eating Disorders Eating disorders are mental illnesses that affect more than 7 million American women and usually develop in girls ages 12-25. The most common age for a girl to begin having an eating disorder is 17 years old (Discovery Health?). The National Eating Disorders Association states that eating disorders are conditions that arise from factors including physical, psychological, interpersonal, and social issues. Media images help define cultural definitionsRead MoreA Brief Note On Obesity And Its Effect On Obesity1504 Words   |  7 PagesWhat Factors Contribute to Obesity in Children For years I’ve been watching the news in disbelief on how much obesity is increasing in children like if it’s an epidemic that has no control, so I have always asked myself what factors contribute to obesity in children. My knowledge about obesity disorder is limited, but what I do know is that obesity is one of the causes of death in the United States. Obesity grows like a virus when humans abuse their intake of fattening food that has no beneficialRead MoreEating Disorders, Body Image Gender Essay1721 Words   |  7 PagesRIGHTS (HE6) ASSIGNMENT EATING DISORDERS, BODY IMAGE GENDER Submitted to: Dr. Sivakami Muthusamy Centre for Health and Social Sciences School of Health Systems Studies, TISS, Mumbai. Submitted by: Pallavi Muraleedharan Enrollment Number: M2015HE018 Master of Health Administration (2015-17) Tata Institute of Social Sciences, Mumbai Date: 16/08/2016 INTRODUCTION Eating disorders, body image and gender remain as a very complex interlinked web. Eating disorders affect people from all demographicsRead MorePhysical Based Programs As Interventions For At Risk Youth Essay1717 Words   |  7 PagesGOTR demonstrated significant changes in pre to post intervention measures of participants’ self-esteem (DeBate Thompson, 2005; Debate et al., 2009; Galeotti, 2015), body size satisfaction (DeBate Thompson, 2005; Debate et al., 2009), eating attitudes (DeBate Thompson, 2005; Debate et al., 2009;), and commitment to physical activity (Bean, Mazzeo Fries, 2012; DeBate, Zhang Thompson, 2007). Excluding a 2011 study (Pettee, DiGioacchino DeBate, High, Racine, 2011), program evaluations of GOTRRead MoreHigh Prevalence Of Body Image Concerns927 Words   |  4 Pageshigh prevalence of body image concerns, there has been an increase in observed and medical attention, as it found to have negative consequences on audiences alike. Results of progress has been on a decline, as media up rises on the profit of advertisements giving negative connotation of women s bodies, and shows women in thin unrealistic ways that make it unattainable for them to be real. Even though women are at fault for falling under the spell of media s influence, women have been developedRead MorePros And Cons Of Fast Food720 Words   |  3 Pagesfast foods contribute to an increase in obesity rates. The food served in fast food restaurant tempts us a good smell and taste. Unfortunately, the food offered at such points contains a lot of fat, calories and very often chemical components that adversely affect our bodies. Frequent consumption of hamburgers, French fries, hot dogs, etc. causes bad eating habits in children and leads to slow weight gain, which over time becomes a serious problem. The obesity and big amount of salt and sugar containRead MorePressures of Being Thin2074 Words   |  9 Pagesadvertising influences young girls to d evelop eating disorders because they feel pressure to stay thin and ads use thin women to promote beauty products and diet supplements. Here are some basic facts about eating disorders. According to National Eating Disorders Organization (2005) eating disorders, such as anorexia, bulimia, and binge eating disorder, include extreme emotions, attitudes and behaviors that surround weight and food issues. These disorders are dangerous enough to cause serious emotionalRead MoreEating Disorders in Adolescents1223 Words   |  5 PagesEating Disorders in Adolescents Eating Disorders in Adolescents Introduction Eating disorder in adolescents is a source of grave alarm. An effective definition of eating disorders, as they are evident in school surroundings, describes victim of eating disorder as being extensively anxious and conscious about food, weight, and body shape. This results in being engaged in strange eating behaviors (Gowers Bryant-Waugh, 2004). This paper seeks to investigate the effects of eating disorders on adolescents

Friday, December 27, 2019

The importance of Effective Communication in Health-Care

Language barriers have been one of the identified causes of many health problems, including timely and appropriate care, exacerbating existing conditions, and precipitating new ones. In addition to culturally appropriate education, interpreting is one of the approaches commonly used to help bridge the language gap for patients and practitioners. Interpreters are bilingual individuals that provide simultaneous interpretation between patients and medical care providers who do not share a common language (Finke, Light, Kitko, 2008). This finding suggests that a good relationship is essential for high-quality patient care. (Finke et al., 2008) use qualitative evidence from interviews with medical interpreters, and argue that an†¦show more content†¦Likewise, the author considers â€Å"that patient-centered communication skills are not inherent and must be acquired† (Finke et al., 2008). The ability to enter into to patients’ experiences to recognize them prec isely and to appreciate how the condition is perceived from the patient’s perspective is absolutely central in effective communication and to improve patient safety (Finke et al., 2008). This literature makes clear that in order to function efficiently in the effective communication, nurses must be knowledgeable and competent individuals, who active listening, to meet patient’s need. The publication named improving â€Å"Patient Provider Communication† argues that nurse must have the talent to express themselves encompassing both verbally and nonverbally aspect, and their message must also be echoing in the patient (2009). The communication should not be terminate until the patient translate the massage back to its sender. Consequently, effective communication is accomplished when patients are able to translate the message with the same connotation as what nurses wanted to convey (Patak, Wilson-Stronks, Costello, Keleinpell, Henneman, Pearson, Happ, 2009) These authors make it clear how in order to function efficiently in the therapeutic communication, health care providers should be knowledgeable and competent practitioners who are able toShow MoreRelated The importance of Effective Communication in Health-Care637 Words   |  3 PagesEffective communication continues to be paramount footing that brings out the naked image of the conveyed message when caring is delivered in the health care system. It is also considered the most efficient way to assure quality and safety patient care with optimistic health outcomes (LaValley, 2008). According to McCaffrey et al., (2010) findings nurses should use emphatic aptitude and clear communication skills to work, as part of a multidisciplinary team and this feature should be incorporateRead MoreThe Importance of Effective Communication in Health Care678 Words   |  3 Pagesassessment failed to request a professional medical interpreter in order to have an accurate and trustful communication with the patient. This miscommunication was a wrong assumption by assuming that the patient was bilingual and supposing that the patient somewhat understood English. McCaffrey et al. (2010) claim that effective communication can take place when the basic factors of communication are understood. The patient in this instant felt left behind since no one had asked her how she wasRead MoreEssay on Personal and Professional Healthcare Communication1456 Words   |  6 PagesPersonal and Professional Health Care Communication Dorcas Gray HCS/350 October 14, 2013 Tracy D. Andrews Personal and Professional Health Care Communication Communication is a skill learned and developed overtime and is used to convey various information, express emotions, and desires. In the health field, it not only important to have a continual line of communication but also one that is effective. According to Brashers and Babrow (1996) â€Å"Communication in health and illness constitutes oneRead MoreThe Delivery Of Health Care1233 Words   |  5 PagesThe delivery of health care services in contemporary society relies on a diverse multidisciplinary network of professional’s working together to deliver optimal patient outcomes. These outcomes are reliant upon the communication and interaction of numerous professional. This reliance on communication between health care professionals, has underlined the importance of professional relationships in the health care environment. The purpose of this essay is to highlight that importance in these relationshipsRead MoreTherapeutic And Non Therapeutic Communication1108 Words   |   5 Pagesnon-therapeutic communications, in nurse-patient relationship, on patient’s conditions in hospital. The paper contains of explanation of each article followed by the relation to the PICOT statement. This paper will discuss the importance of therapeutic techniques, in contrast of non-therapeutic techniques, in health care setting by providing different resources and different rationales. It also will provide different types of techniques for both therapeutic and non-therapeutic communications. The PICOTRead MoreHealth Literacy And Effective Communication1229 Words   |  5 Pagesnon-indigenous population, low level of health literacy has been considered as negative factor that impacting on the delivery of effective care and health professionals’ performances on medical treatment. With integrated health literacy program, culturally competent and appropriate communication at individual, systemic and organisational level would enhance health outcomes for consumerâ €™s welfare. Most importantly, improved health literacy and effective communication skills would plays an important partRead MoreThe Importance Of Identifying And Adapting Health Literacy967 Words   |  4 PagesThe Importance of Identifying and Adapting to Patient Health Literacy in Effective Workplace Communication Name: Georgia Pearson Student Number: n9994769 Course Code Name: PYB007 Communication for Healthcare Professionals Tutor: Michael Rowlands Tutorial: Wednesday, 1500 – 1700, N518 Word Count: Date: 10/04/2017 Queensland University of Technology The Importance of Identifying and Adapting to Patient Health Literacy in Effective Workplace Communication Effective communication playsRead MoreHealth Care Communication1357 Words   |  6 PagesPersonal and Professional Health Care Communication Paper HCS/350 Health Care Communication University of Phoenix Personal Professional Healthcare Communication Paper Professional and effective communication is a vital ingredient to safe and high quality nursing practice. Proper communication with other co-workers, physicians, ancillary staff, patients, and their families is a required skill necessary for all practicing, professional healthcare professionals. Communicating with others hasRead MoreSkills and Competencies818 Words   |  4 PagesPatricia Rosemond Elms College Skills and Competencies Nurses for the future-Communication Many people refer to their strong communication skills, but communication is really a competency that relies on a combination of certain skills, behavior and knowledge. To communicate effectively a person may need to understand cultural diversity, have advanced language skills, and behave with patience. Interpersonal communication is essential in every area of life, but it especially critical in the fieldRead MoreTeamwork in Health Care1085 Words   |  5 PagesThe Importance of Teamwork in Health Care The Importance of Teamwork in Health Care From an early age we are instilled the importance of teamwork. The lessons may come from a soccer field, a classroom group project, or even a song on Sesame Street. Regardless of our future careers, we are all likely to experience some sort of teamwork requirement, even if it is as simple as getting along with your co-workers. Teams working in a hospital or other healthcare setting may consist of several

Thursday, December 19, 2019

Integrated Audit Practice Case 5th Edition Solutions Essay

Integrated Audit Practice Case 5th Edition Solutions Free PDF eBook Download: Integrated Audit Practice Case 5th Edition Solutions Download or Read Online eBook integrated audit practice case 5th edition solutions in PDF Format From The Best User Guide Database 5th Edition (2011); Armond Dalton Integrated Audit Practice Case (group mark). 15% . Attempting homework before looking at the solutions will test your. Integrated Audit Practice Case, 5th edition, by Kerr, Elder Arens (ISBN No. 978-0-. 912503-35-6) identify issues and to research solutions. 6. Understand the . Integrated Audit Practice Case, 4th edition, by Kerr, Elder Arens (ISBN No. 978-0-. 91-250325-7) identify issues and to research solutions. 6. Understand the .†¦show more content†¦Dessalegn Getie Mihret. Department of Accounting and Finance, Faculty of Business and This PDF book provide ethiopian study guide. To download free internal audit effectiveness: an ethiopian public sector case you need to register. Peach Blossom Cologne Company: Short Audit Case, 1998 Peach Blossom Cologne Company: Short Audit Case, 1998 Aug 9, 2013 - Short audit case the Valley Publishing Company, Ben B. Barr, Inspiration Your Ultimate Calling, Wayne W. Dyer, Jun 20, 2007, Self-Help, 255 . This PDF book provide help with valley publishing company audit case guide. To download free peach blossom cologne company: short audit case, 1998 you need to register. Peach Blossom Cologne Company: Short Audit Case, 1998 Peach Blossom Cologne Company: Short Audit Case, 1998 Aug 9, 2013 - Short audit case the Valley Publishing Company, Ben B. Barr, Inspiration Your Ultimate Calling, Wayne W. Dyer, Jun 20, 2007, Self-Help, 255 . This PDF book incorporate bible lesson wedding banquet kids activities guide. To download free peach blossom cologne company: short audit case, 1998 you need to register. NARUC Rate Case and Audit Manual Institute of Public Utilities NARUC Rate Case And Audit Manual Institute Of Public Utilities Rate Case and Audit Manual Prepared by NARUC Staff. Subcommittee on Accounting and Finance (2003). 1 FOCUSING THE AUDIT. . OPERATING EXPENSESShow MoreRelatedAnswer Key To Integrated Audit Practice Case 11498 Words   |  7 PagesTo Integrated Audit Practice Case ANSWER KEY TO INTEGRATED AUDIT PRACTICE CASE [Fast Download] ANSWER KEY TO INTEGRATED AUDIT PRACTICE CASE.PDF online answer key to integrated audit practice case provide extensive details and also really overviews you while running any sort of item. answer key to integrated audit practice case offers a clear cut as well as straightforward guidelines to adhere to while running and making use of an item. in addition, the answer key to integrated audit practice caseRead MoreDoc, Docx Pdf3690 Words   |  15 PagesACC306 Text Title Accounting Principles – 9th edition Accounting Principles – 9th edition Intermediate Accounting 14e Intermediate Accounting 14e Intermediate Accounting 14e Microcomputer Applications for Accounting Excel 2010 Microsoft ® Excel 2010: A Case Approach, Complete, 1st Edition, copyright 2011 SOUTH WESTERN FEDERAL TAXATION 2012: COMPREHENSIVE, 36th ed. South-Western Federal Taxation 2013: Corporations, Partnerships, Estates and Trusts, 36th Edition Cost Accounting 13th 09 ed. Advanced AccountingRead MoreSolution Manual, Test Bank and Instructor Manuals34836 Words   |  140 Pagesneed any solution manual, testbank for testbooks from the list, do contact us anytime, we provide competitive prices and fast delivery after payment done. Contact us: smtbportal@gmail.com smtbportal(at)gmail(dot)com 2010 Corporate Partnership Estate and Gift Tax with HR Block TaxCut 4e Pratt Kulsrud Solution Manual 2010 Corporate Partnership Estate and Gift Tax with HR Block TaxCut 4e Pratt Kulsrud Test Bank 2010 Federal Taxation with HR Block TaxCut 4e Pratt Kulsrud Solution Manual Read MorePrimark Case Study4613 Words   |  19 PagesStrategies†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 4.2 SWOT Analysis†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.... 4.3 PEST Analysis†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 4.4 Ethical strategies†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 4.5 Competitive Advantages of Primark†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...†¦ 4.6 Case Study on Primark in India†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.......... 5. APPLICATION OF MANAGEMENT THEORY TO PRACTICES..... 6. CONCLUSION†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...†¦Ã¢â‚¬ ¦. 7. RECOMMENDATIONS†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ CONTENTS 8. APPENDIX†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. Appendix 1†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.... Appendix 2†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Read MoreProject Management Process Group And Network Tunnel Project3574 Words   |  15 PagesThis week was the introductory week. It was a bit overwhelming with all of the information but I have accessed blackboard course outline and course materials. I started reading Channel Tunnel Project case study as part of this week course material. It was an enormously complicated project involving two languages, two governments, numerous subcontractors, and a syndicate of 220 banks which huge cost overruns and delays had severely eroded stakeholder confidence. 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Strengths and weaknesses DHL focus on providing a quality service to meet their customer satisfaction is their one of great strength since they are in the market. Obtaining ISO 9001 system worldwide is another success

Wednesday, December 11, 2019

Impact of Fluctuating Rate on International Trade

Question: Discuss about the Impact of Fluctuating Rate on International Trade. Answer: Introduction To be able to carry out this research topic, it is very important for this research to define its topic. This research proposal defines foreign exchange as a comparison of one countrys currency vis a vis the other countries currency. For example we can compare one US dollar to one Indian Rupee. Due to the difference in economic developments of these two countries, it will be found that one currency is stronger than the other. Just to exemplify this, currently one US dollar is equal to about 100 Kshs. Due to globalization, the issue of foreign exchange rates has trickled down to the essence of international trade. Foreign has therefore become a tool to establish the prices of imported goods and services and the prices of exports in the international market. Apart from commodities, foreign exchange also affects the strength of various sectors when it comes to participation in the international market. Developing countries or emerging economies whose currencies are weaker compared to their developed counterparts have got it rough when it comes to international trade. For their prices to remain competitive in the international market, they use a lot of money locally to produce the goods. This means that at the end of the day they will have to fetch less profit due to the high competition when it comes to fixing the selling price of the goods. When importing too, the developing or emerging economies use a lot of money to import the products that they cannot produce. This in turn makes the imported products to appear very expensive for the locals hence discouraging import trade. This makes the countries to export more so as to get less import which is supposedly equal to the exports. This has always been making the developing countries to suffer from imbalance of trade deficit. Due to the impact of globalization the business has no boundary, it crosses across the border. Moreover, as different countries have their own currencies their and own valuations thus, money exchange across the border play important role in international business (Grimwade, 2000). However, the exchange rates among different currencies do not remain same all the time but it varies time to time due to several factors. The fluctuation of different currencies impact on the international business deals and thus, it has been taken as prospective research topic for this research proposal. Background of research The initiation of the international trade has been in existence from ancient age, and then barter method was the process of exchanging goods among the traders. Afterwards, in order to facilitate the business use of currencies begun. However, because of different various factor the exchange rate has been fluctuated in constant basis (International Crude Oil Trade, Year 2013, 2015). The economic performance of country, overall financial and business performance of the country, interest rate parity, inflation rate, and employment rate play significant role in the fluctuation of the currency price in foreign exchange market (Rosenberg, 2003). The fluctuation of FX Rate has significant impact on the business communities, specifically the companies playing in the international market means the exporters and the importers are mainly affected by the FX Rate fluctuations (International Refined Products Trade, Year 2014, 2015). The particular research is on the FX Rate fluctuation and its impa ct on the domestic businesses, which plays globally. Various nations of the world are endowed with various natural resources and not all nations have all they need for their development. To acquire what they do not have necessitated the introduction of international trade. Many goods are acquired from other countries by being imported from the countries where they are in plenty. Due to the extent of globalization there was need to adopt a common currency which would then be used in international trade. To this far, the US dollar has been the common currency being used in the international trade. Unfortunately, due to a single currency, any fluctuation in that currency would affect the entire global trade. This scenario was witnessed during the 2007-2008 economic inflation in the United States which was caused by speculation in the housing mortgages rates. The economic recession in the US then later spread to other economies of the world very fast due to the fact that the US dollar was being used as the common currency for international trade. Importation became expensive for the developing countries and exportation became cheaper. All in all, the goods at the international market appeared expensive since the raw materials imported to produce them were expensive. Many of the developing countries have suffered from this problem since their currencies against the American dollar have been weaker. This has made importation to be very expensive and exported products to attract prices that are not commensurate with the cost of production at the local country. On the contrary, developed countries which have got stronger currencies relative to US dollar have not been adversely affected. They are able to import and export goods and services at very competitive costs or prices. This research proposal seeks to identify how the fluctuation in the foreign currency has been affecting international trade. Problem statement International trade is the only platform where different countries can acquire what they do not produce and also sell what they produce and others do not. In this trade, there is a major element that influences the running of this trade. This is the common currency that used in the trade. The fluctuating rate of the US dollar against other currencies either affects trade positively or negatively. In case of the FX Rate swing in favour of the domestic currency then the rate of the domestic currency will be hiked, and then the exporters have to face severe loss because they got payment in foreign currency but they have to invest domestic currency in order to produce the product materials (Weithers, 2006). Therefore, good performances of the domestic currency fetch losses to the exporters, whereas the importers are benefitted by the good performance of the domestic currency as they have to pay in foreign currencies. On the other hand, in case of domestic currency provides bad performanc es then the exporters are benefitted and the importers have to face monetary losses. Since international trade is there to stay, this means that the global business will continue being affected by the fluctuating foreign exchange rates. Many researches have been done on the impact of variance of forex on international business to establish the extent of the effect of foreign exchange on international trade but a gap still exist on the major effects of foreign exchange rate on international business. It is for this reason that this research proposal seeks to identify the extent to which foreign exchange affects international trade. Research aim and objectives The research aim to detect the risks for the business occurs due to the volatility of FX rate. The main objective of this research is to determine the impact of foreign exchange rate fluctuation on international or global business. The specific research objectives were; To understand the factors, which are liable for the fluctuation of FX Rate To find out effective remedies so that the impact of currency fluctuations can be minimized. Research questions Q1: Is there any major impact of volatile nature of FX Market on the international market? Q2: What are the key factors of the volatility in the FX market? Q3. How the impact of the volatile FX Market on global organization can be restrained? Hypothesis Hypothesis of the research are as follows: H0: Volatile FX market has direct impact on the business organizations; specially, the organization doing business internationally. H1: Volatile FX market has not any direct impact on the business organizations Literature review The FX rate is prone to be volatile as there are different factors, which influence rate of foreign exchange. Difference in interest rate, difference in inflation, Current account scarcities, Public debt, term for trading along with the political stability and economic performance of the domestic country are the significant variables of FX market (Wystup, 2006). Because of the different variables the performances of the domestic currency in international market use to fluctuate (Ree, Yoon, Park, 2015). Moreover, the fluctuations of the domestic currency in the international market greatly influence the business of the business organization, especially, the organization, which has exposure in the international market. The profitability of the organization hugely varied because of the FX Rate fluctuations. Even for the FX rate fluctuation the organizations have to face severe monetary losses (Ree, Yoon, Park, 2012). The global players more specifically the firm involve in export or i mport business are mainly affected by the FX Rate fluctuations. A research study done by (Aliyu, 2011) recorded that any increase in foreign exchange led to a corresponding rise in the level of imports and on the other hand, a drop in the amounts of exports. On the contrary, they assert that any depreciation in the foreign exchange rate will make exports cheaper and imports expensive. This will go a long way in discouraging imports and encouraging imports. These two scenarios always lead to diversion of resources to either importing or exporting depending on the favorable side. The effect is wide as it also has an impact on economy of the exporting as well as the importing country. On the same breadth, in his research, (Hossain, 2002) concurs that globalization facilitates trade which in turn affects the amount of exports and imports of a given country. He adds that this also affects the balance of payment of various countries. Other researches done by (Levy Yeyati, 2003) concluded that those nations that have highly flexible forex rate achieve faster economic growth. In Nigeria, (Asher, 2012) did a research about the impact of exchange rate variation on the economy. According to his research findings of the study which spanned ten years, real forex rate did have a positive change on the progress of the economy. A correlation study was also done by (Akpan, 2008) to establish the relationship that exists between economic growth and foreign exchange trends. The results pointed out that there was a strong positive correlation between the two variables. This led to his research conclusion that in deed exchange rate liberalization impacted positively on the economy of Nigeria. (firoozi, 1997) confirmed that there is a correlation when it comes to forex volatility and foreign direct investment. (Duiker and Gorg, 2009) also established that forex between two countries is a core factor in evaluating the foreign direct investment in japan and china. In certain periods in japan, it is recorded that devaluating the foreign exchange in china leads to a positive foreign direct investment in japan. On the same note (Chong and Tan, 2008) also carried out a research on foreign exchange impact on investment and concluded that there is a very close relationship that exist in exchange rate volatility and macroeconomic aspects in the countries found in southeast Asia. There is a negative association between forex volatility on foreign direct investment among European Union countries to those in eastern Europe (Arratibel and Zdzienicka, 2011). (Baek and Okawa, 2001) studied that the strengthening of japanese yen relative to currencies in Asia and America leads to a rise i n foreign direct investment among the manufacturing industries in Asia. (Gorg and Wakelin, 2002) also asserts that direct investment is mostly affected by the volatility of the exchange rates in the united states of America since the common international trade currency is usually the American dollar. The various levels of economic growth which includes strengthening and weakening of the countrys currency has a major effect on the balance of trade of that particular country (Ling et al. 2008; Ibrahim et al. 2014). There have been attempts by some countries to use their own currencies to cause an foreign direct investment inflows from the countries that have less strong currencies (Bleaney and Greenaway, 2001). The key variables that influence the FX rate are, difference interest rate, inflation, interest rate parity, political stability economic performance of domestic nation etc. (Grieb, 2013). Operational definitions and measurement The companies doing business internationally must keep an eye on the FX market as the volatility in FX market can impact on the profitability of the business of these organizations (Reiswich Uwe, 2012). Good performances of the domestic currency fetch losses to the exporters, whereas the importers are benefitted by the good performance of the domestic currency (Kliatskova Mikkelsen, 2015). On the other hand, in case of domestic currency provides bad performances then the exporters are benefitted and the importers have to face monetary losses. Research methodology The quantitative research methodology will be applied in this research so that a widespread understanding can be achieved about FX market volatility (Ong Barkbu, 2010). The data that will be used in this study will be collected from secondary sources such as the International Monetary Fund (IMF) global economic growth quarterly releases and major stock exchange markets such as the New York stock exchange. The data will span from 2005 to 2015. The models that will be employed in this study which use economic indicators which are; inflation rates, GDP and exchange rates. To add on, the study will use multiple regression analysis to establish the effect of changes in forex on international trade. Also, ordinary least square estimation technique will also be used. The secondary research help in acquiring the basic ideas and the primary data help in accomplishing the research aim and objectives. Research design Descriptive design has been applied for the research for acquiring deep detail knowledge on the research topic. In any research, the design is usually the framework which directs the processes that are required so as to obtain the apt information that is needed for the research (Cooper Schindler, 2008). This study chooses to use descriptive research design. This type of research design is robust as it ensures exhaustful description of the data so as to make sure that there are no cases of bias in the process of data collection. In some instances inferential statistics will also be used to establish correlation and association between variables. This research study will majorly depend on secondary data. This data will be obtained from the IMF reports and economic journals published by the world bank. Data analysis The data obtained from the secondary sources will be summarised and organized for the purpose of analysis. Various analysis tools such as excel and statistical package for social sciences (SPSS) will be employed to analyse the data. Descriptive statistics such as mean, standard deviation, percentages, variances and so on will be obtained from descriptive statistics analysis. Inferential statistics such as test of significance will be used to make various decisions in hypothesis tests (Kothari , 2004). Dependent and independent variables Dependent variables are the variables than an individual wish to predict, estimate and what is affected when executing the experiment and things that is affected in the experiment. Independent Variable Independent variable is the variable that can be changed and one can control the variables (Rebonato Rebonato, 2004). Description of the expected results Going by the previous researches done on the impact of foreign exchange fluctuation on the global business, we can almost certainly say that the results will not be any different. Less developed countries are expected to experience unfavourable balance of trade due to their week currencies against the US dollar. Many countries will be found to cut on imports since they appear expensive for the local citizens. Exports will also go down but at the same time go down in countries that import raw materials to produce the exports. This in short means that the final conclusion of this research paper will be that fluctuation in foreign exchange rates indeed affects international business to a larger extent. Conclusion, interpretation, and recommendation As per the findings of the research process, the conclusions will be made and further recommendation be suggested to the relevant stakeholders in the economy so that they can have a better insight of the state of affairs when it comes to international trade and how the rate of foreign exchange rate affects whole process (Ree, Yoon, Park, 2015). Grantt chart for research activities from literature review to data analysis. ACTIVITIES WK 1 WK2 WK3 WK4 WK5 WK6 WK7 WK8 WK9 WK10 WK11 WK12 WK13 WK14 LITERATURE REVIEW XXX XXX XXX XXX XXX DATA COLLECTION XXX XXX XXX XXX XXX XXX XXX XXX XXX DATA ANALYSIS XXX XXX XXX XXX XXX XXX XXX XXX XXX FINAL RESEARCH XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX References International Crude Oil Trade . (2013). World Oil Trade,. Akpan, P. L. (2008). Foreign exchange market and economic growth in an emerging petroleum based economy: Evidence from Nigeria (1970-2003). African Economic and Business Review. Aliyu, S. R. (2011). Impact of Oil Price Shock and Exchange Rate Volatility on Economic Growth in Nigeria: An Empirical Investigation,. Research Journal of International Studies. Arratibel, O., Furceri, D., Martin, R. (2011). The effect of nominal exchange rate volatility on real macroeconomic performance in the CEE countries. Economic Systems. Asher , O. J. (2012). The Impact of Exchange rate Fluctuation on the Nigeria Economic Growth (1980 2010). Baek, I. M., Okawa, T. (2001). Foreign exchange rates and Japanese foreign direct investment in Asia. Journal of Economics and Business, 69-84. Bleaney, M., Greenaway, D. (2001). The impact of terms of trade and real exchange rate volatility on investment and growth in sub-saharan Africa. Journal of Development Economics,, 491-500. Cooper, D., Schindler, P. (2008). Business Research Methods. International Edition. New Delhi: McGraw-Hill. Firoozi, F. (1997). Multinational FDI and uncertainty: An exposition. Journal of Multinational Financial Management. Gorg, H., Wakelin, K. (2002). The impact of exchange rate volatility on US direct investment. The Manchester School. Grieb, T. (2013). Does FX Volatility Affect the Distributions of Commodity Futures Returns? International Journal of Financial Research. Grimwade , N. (2000). International trade. London: Routledge. Hossain , A. (2002). Exchange Rate Responses to Inflation in Bangladesh,. Washington D.C., IMF Working Paper No. WP/02/XX. Ibrahim, M., Muhammad, K. S., Sayed , F. A. (2014). The Impact of Telecom Services Characteristics on Consumer for Use in Pakistan. Advances in Economics and Business. Kliatskova, T., Mikkelsen. (2015). International Monetary Fund, European Department. Floating with a Load of FX Debt?. Kothari , C. R. (2004). Research Methodology: Methods and Techniques. New Delhi: New Age International (P) Ltd, Publishers. Ong, L., Barkbu, B. (2010). FX Swaps.: . International Monetary Fund. Rebonato, R. (2004). Volatility and correlation. Chichester, West Sussex, England:. Ree, J., Yoon, K., Park, H. (2012). FX Funding Risks and Exchange Rate VolatilityKoreas Case. IMF Working Papers. Reiswich, D., Uwe, W. (2012). FX Volatility Smile Construction. Wilmott. .58-69. Rodric, D. (2006). The Real Exchange Rate and Economic Growth. Cambridge,: Harvard University. Rosenberg, M. (2003). Exchange-rate determination. New York: McGraw-Hill. Weithers, T. (2006). Foreign exchange. Wystup, U. (2006). FX options and structured products. . Chichester, England. Yuen-Ling, N., Wai-Mun, H., Geio-Mie, T. (2003). Real exchange rate and trade balance relationship. International journal of business and management.