Currency trading is a vast and highly profitable business. This review examines the profitability of two popular currency trading strategies in light of currency-market microstructure research. The carry-trade strategy involves borrowing a low-interest currency and investing the proceeds in a high-interest currency. Technical trading strategies are determined exclusively on the basis of past as...

This paper examines the extents and determinants of intra-industry textile and clothing trade for the OECD countries. Trade overlap is used as the measurement of intra-industry trade (IIT). The general trend of intra-OECD trade and the extents of IIT for textile and clothing trade in year 2000 were examined. Hypotheses relating to 5 country-specific variables tested showed strong significance r...

We seek to contribute to the debate over globalization and the environment by asking: What is the effect of trade on a country’s environment, for a given level of GDP? We take specific account of the endogeneity of trade, using exogenous geographic determinants of trade as instrumental variables. We find that trade tends to reduce three measures of air pollution. Statistical significance is hig...

This paper investigates the existence of trade-off relationship between unemployment and inflation in the Jordanian economy between 1984 and 2011. Each of Granger-causality test is adopted to check relationship between variables and the direction of causation. Since these techniques are sensitive to stationary, integration and co-integration of the variables ADF and PP tests is applied to test ...

There is often a significant trade-off between formulation strength and size in mixed integer programming (MIP). When modelling convex disjunctive constraints (e.g. unions of convex sets) this trade-off can be resolved by adding auxiliary continuous variables. However, adding these variables can result in a deterioration of the computational effectiveness of the formulation. For this reason, th...

The title of this session assumes a trade-off between growth and equity, and a need to choose a point on that trade-off. Indeed, a recurring issue in development circles is whether countries should focus their development strategies on growth or on poverty reduction strategies. The trade-off could come from a possible influence of growth on the distribution of wealth; or from a possible influen...

The current study explores two classes of strategies of coping with accountability: low-cognitive-effort decision-evasion tactics (buckpassing, procrastination, and exiting the situation) and high-cognitive-effort attempts to craft integratively complex compromises among conflicting perspectives. Some participants read weak arguments on one side of the free trade issue and strong arguments on t...

Behavioral ecology (Krebs 1987) has a rich tradition of calling tradeoffs a cost-benefit. We can synonymize cost-benefit analysis with the notion of a life history trade-off introduced in chapter 3, because in some cases even social system trade-offs have been linked to the pleiotropic effects of one gene on two or more traits. As we will see below, in greenbeard dynamics, which arise from thre...

An important modern goal of plant science research is to develop tools for agriculturalists effective at curbing yield losses to insect herbivores, but resistance evolution continuously threatens the efficacy of pest management strategies. The high-dose/refuge strategy has been employed with some success to curb pest adaptation, and has been shown to be most effective when fitness costs (fitnes...