Assignment Example | Topics and Well Written Essays - 250 words - 243

Assignment Example A dollar can be strong or it can be weak. A strong dollar helps the export sector of countries around the world. A strong dollar is good when inflation is not a problem. Conversely, a weaker currency increases the purchasing power of the Americans. A strong dollar is a disadvantage to the policy makers. However the US benefits from a strong dollar because it does not depend on exports. The countries whose economies are not strong as compared to the US lose when the dollar becomes strong. This means that their currency is losing value. In conclusion, a floating exchange rate is the exchange rate where the currency is set by the forces of demand and supply. These forces are in the foreign exchange market. The floating exchange rate change freely and are determined in the forex market. There is a managed float currency exchange system. This system unlike the later is subject to interventions by the monetary authorities. It is not dependent on the forces of demand and supply. The government may have set objectives that it wants to achieve and it interferes with the forces of demand and supply in the managed float currency exchange system. (Devereux,

Terrorism 5.4 Essay Example | Topics and Well Written Essays - 2500 words

Terrorism 5.4 - Essay Example In the early history of terrorism, to be killed by invaders meant there was a great reward waiting for you in heaven as presented by suicidal martyrdom. This dates back to thousands of years in most religions and societies. Terrorism against an enemy can therefore be viewed as an act of religion. However it is viewed as crime against humanity by the victims of an attack. In the modern terrorism, it has been a tool used by both sides of colonial conflicts mainly in the mid-20th century. The frequency of religion based terrorism gained roots in the last 20 years of 20th century hence becoming more and more frequent. There is also another kind of terrorism today that brings about destruction to industrial and agricultural systems. This can be termed as economic terrorism. The underground mass transit system is a vulnerable place for a suicide bomb attack. This is because in these subways there is life and vibrancy especially during week days when people are scrambling to get to work on time. The number of commuters that could potentially lose their lives is alarmingly high making it a possible threat. The international airports area also poses a potential site for terrorism. This is because of the many inbounding and out bounding flights every day. This gives a chance to any terrorist who would want to bomb the area by strapping it to his body. The aircraft may also be skyjacked and be forced to land in a country to the terrorists. The terrorist may also fire indiscriminately and throw grenades to the thousands of people in the airport. Terrorists may also target large public areas like the major university which contains a big number of students, the convention center that attract tourists and the campus football stadium that holds a large number of football fans. This can be done by sneaking in the bomb amidst the large masses of people or throwing grenades. They could also execute it by kidnapping some of the students. Another possible