Bilateral trade balances often play a controversial role in the international policy debate. They may reflect hidden and asymmetric (i.e., unfair) barriers and/or aggregate imbalances due to macroeconomic factors. Several studies give credence former argument argue that standard gravity forces fail explain observed bilateral balances, dubbing this “The Mystery of Excess Trade Balances”. We solv...

This paper is about Catholic beliefs on the Rosary prayers. As often misunderstood, prayers are not mere repetitions of reciting words. Rather, mystery begins with Jesus and circles back to Jesus. There twenty mysteries in prayers, which arranged into four-mystery groups: Joyful, Luminous, Sorrowful, Glorious mysteries. In this paper, our specific discussion biblical background review five lumi...