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U.S. Trade Deficit

cell phones while its exports comprise of food and commercial aircraft. There are dangers associated with running a trade deficit for any country over the long term as it ruins and weakens the economy (Amadeo, 2016). The state acquires goods and services through debt financing which is detrimental to the United State’s economy over an extended period, and it is risky since it can be terminated. Moreover, any country with high levels of deficit destroys its economy through outsourcing of jobs, loss of competitiveness and decline in the standards of living. High debt levels indicate high amounts of imports compared to exports. This further leads to losing of expertise and competitiveness for U.S...

Words: 275
Pages: 1

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The World Is Flat

cell phones, have increased accessibility to the internet (the steroids) (Friedman, 2005). Friedman (2005) explains that the ten flatteners caused a greater effect in the business world through what he termed the triple convergence approach. In this approach, he states that the impact can be explained in convergence 1, 2 and 3. In the first convergence, in 2000, the ten flatteners began to congregate to operate jointly in systems which established a new flatter of world playground. As the new playground was establishing itself, businesses, as well as people, started to take on fresh practices, competencies, as well as procedures to reap the benefit of the new global playground. Businesses changed...

Words: 550
Pages: 2

discoveries through technology

cell phones and computers, and sleepless nights using the scientific devices. A thesis statement is a sentence or two that affirm the writer’s position regarding the specific issue to be discussed, the position that will direct the argument of the paper. It should appear in the introduction paragraph of the paper (Hogan 26). The writer can make it the first sentence; though that is frequently a slightly basic and uninteresting method to start the paper. More regularly, then, it should be at or toward the end of the introduction paragraph. It should also narrow focus of the paper, be specific, be an interesting claim, one that reasonable people may disagree with, and provide a clue as to what the...

Words: 550
Pages: 2

How cell phones have changed communication

cell phones have changed communication Introduction Advancement in communication technology has been one of the greatest success stories of the world. Handheld cell phones were introduced by Motorola Company in 1973 (Maggie N.p). The phone was big, heavy and expensive which made it difficult for people to access them. Through investment in research, their sizes and cost have been reduced. Smartphones with computer features have been developed in the recent times. The presence of cell phones has changed people’s lives through various ways for the better. Connecting the World The world is a global village lately which makes it necessary for ease of communication. Cell phones have filled this gap...

Words: 550
Pages: 2