history
•1933-1935. Moderate policy.
1933. Retuses to pay reparations
1921 (Rep. Commissions). 269 billion Gold Marks
1924 (Dawes Plan). I 12 billion Gold Marks
1932 (Lausanne Con(.): 20 billion Gold Marks
1033. Germany elunes 1o resume t0 pay the te panasiones cahey had palid out 1/% of che wum of Versalles)
Consequences: no more debrs, money can be invested at home
1933. Leaves the Disarmament Conference and the League of Nation:
Vermany immediately demanded to be allowed military equality or it would le ave.
Unidad 5 y 6
UNIT 5
INTRODUCTION
The industrialization process in the Basque Country is linked to the development of a modern iron industry in Biscay during the Restoration period.
1. SOME GOOD CONDITIONS OF BISCAY FOR THE INDUSTRIALIZATION
The Basque Country, especially the area around Bilbao, was endowed with natural resources, a geographical location and a tradition in iron forges which offered a good set of conditions for the development of modern industry:
Good quality and easy to exploit iron deposits.
Long
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market development decisions: a standardized international marketing strategy involves offering identical product lines at identical prices through identical distribution systems, supported by identical promotional programmes, in several different countries, the opposite of localized marketing strategies which contain no common elements whatsoever.
country-centred strategy, thus focusing on specific market segments or countries, when it can carve out a niche by responding to whatever local country
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Chapter 4
Q1 What are the factors that influence the exchange rates?
e = f(
Relative interest rates: rate leads to increase in demand for U.S Deposits and decrease demand for foreign deposits leading to increase U.S currency demand.
Relative income levels: Increase leads to increase in U.S demand for foreign goods and increased demand for foreign currency relative.
Expectations: if an investor expects interest rate to increase in a country, he may invest in that country
Interest rate factors: some factors
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Q1) Definition of Globalization and de-globalization— costs and benefits?
Globalization is the process by which businesses or other organizations develop international influence or start operating on an international scale.
Costs: Costs to the Companies 1-Increased competition2-Difficult to manage quality (destroy brand)3- Regulations and culture to deal with
Costs to Consumers = None.
Cost to the Country 1- Culture Problems 2- Money going out of country3-
Read Morebiologia
Purpose of nutrions:
Obtain raw materials and energy from food.
Inorganic nutrients:Oxygen and water/Organic nutrients:Glucose in organic matter exclusively
Obtaining and consumption of nutrients
Humans are heterotrops:must obtain organic and inorganic nutrients form surroundings.
Oxygen:Thanks to respiratory system. It enters our bloodstream whithout any chemical transformation.
Nutrients in food:Ingerested as complex molecules, after it the digestive system breaks down in to nutrients.
What do we need