the market forces. From 1979, however, China has been experiencing huge innovation in its economic system until the present time. The biggest change during this period is to introduce the free market system and to allow its economy to be operated by the market forces. In addition, China has been promoting foreign investments in China and international trade with other countries. As a result of in
Necessity and Effect
- Maintain a reasonable scale ofthe welfare budget
- Improves employee loyalty and satisfaction.
High level of
welfare benefit
Scholarship support, pc subsidy,
Pension, maternity leave,
family event support,
accident compensation,
annual vacation,
financial aid for medical expenses
Welfare benefit dissatisfaction
Facility,
res
• Policy Analysis with the BP Curve
The intersection ofthe IS-LM curves establishes internal
equilibrium.
The BP curve establishes external equilibrium.
If joint internal and external equilibrium does not exist,
then either:
• The currency must appreciate or depreciate, or
• The central bank must intervene to stabilize the cur
the bending arises as a consequence of a surface stress change induced by any molecular reaction which takes places on only one ofthe cantilever surfaces. The induced surface stress change could be positive or negative, depending on the surface deformation generated. The factors and phenomena responsible for this change is today not fully understood due to the complex equilibrium between the sen
2. History of containerization
How have containerization been started and developed? It have started just several decades ago. To find out the containerization's contribution to intermodal transportation, it will be helpful to understand why containerization have started.
By the 1830s, railroads on several continents were carrying containers that could be transferred to trucks or ships,