Discussion 4- Economics Assignment Example | Topics and Well Written Essays - 250 words

Discussion 4- Economics - Assignment Example According to Hugger (2008), the Optimum Currency Area (OCA) criteria can examine the feasibility of adopting a common currency by NAFTA (p. 23). Canada and Mexico have high levels of intra-regional trade and openness. According to OCA criteria, open economies reduce the costs of a common currency and reduce asymmetric shocks. From interest rate correlations, U.S-Canada monetary policies are similar. NAFTA countries are more similar in terms of GDP per capita growth, trade openness and tax to GDP ratios. Given all its benefits, a common currency is feasible for NAFTA. However, like the Euro, member countries must consider political reasons related to adopting a common currency. Theoretical threats of the Euro to the US Dollar in the international trade mean that a common monetary union in North America would allow the United States to compete on the same level ground with the Euro. Grubel (2000) points out that a single currency in North America would bring benefits to these countries in terms of reduced costs of foreign exchange, decreased interest rates and exchange rate risks. Reduced exchange rates would favor North America in facilitating and expanding international trade (p.

Computer Systems Essay Example | Topics and Well Written Essays - 3000 words - 3

Computer Systems - Essay Example Installation of VMware Player 5 on Windows 7 was conducted, installation of a guest operating system (Kali Linux x64) done and screenshots asserting the completion of these steps presented. A brief into the future of cloud computing as an application of virtualization has been documented too to cement the fact that indeed the technology has incalculable potential. Virtualization has caused a significant paradigm shift in the way information technology is being used to offer business solutions. This technology has taken over the IT market with a bang as most businesses and companies struggle not to be left out on this ingenious feat of computer engineering. With virtualization, hardware has been stretched to unimaginable levels and concerns over storage, safety and availability of information will soon be a thing of the past. Through it, imposing technologies have emerged to the measure of cloud computing that have taken center stage in the online service industry. A host of many more IT dreams have been made realities following the advent of virtualization. Virtualization is the concept of subdividing a computer resource into several virtual versions of it so as to create multiple operating environments. This virtualization is common implemented upon storage devices, operating systems, servers and networks. Hardware virtualization entails embedding a virtual machine manager, called a hypervisor, into the circuitry of hardware so as to allow multiple operating systems to run (Rouse). The work of the hypervisor is to control allocation of memory, processor and other hardware resources to the different operating systems on the computer without requiring source code to translate addresses and instructions. Each OS is made to ‘see’ that it has its own set of hardware components when actually the hypervisor allocates in an alternating manner. This concept is largely applied in servers where resources are