Trojan Woman Play Essay

Trojan Woman Play Essay Trojan Woman Play Essay The moment I walked into the Black Box Studio, an eerie feeling immediately overcame me. This feeling was caused by production staging, the set itself, and the music. I felt that the most interesting staging aspect was that many of the characters were already staged and on set as the audience was arriving. There were prison guards walking back and forth and a bunch of women who were dressed in tattered clothes and obviously distressed. As soon as I sat down, I found myself extremely quiet and I noticed that I could not take my eyes off these women. I was so intrigued by the way they were acting, and I wanted to know why they seemed so upset and sad. The setting and props also added to my first impression. The set was designed to look like a prison camp and it was obvious that some sort of place or city had been destroyed. There were huge platforms of concrete spread around the set and in the background there was a destroyed, modern building. The music playing as we walked in was very low key, not very loud, and provoked a creepy vibe in the audience. The set gave me a clear idea that something bad had happened. The music really made the set more lifelike. If there was no music playing as we walked in, I feel like it would have been awkward to be in the theater with the characters already staged. The music definitely completed my first impression of the play. Overall, I was given a clear idea of what might have happened and that the characters were in trouble and scared. By having the characters previously staged with music already setting the mood, the experience I had coming into the theater felt so much more real. I felt like I was being drawn into the middle of the set and I noticed that the rest of the audience seemed to be pulled into the experience. I also noticed that the seating was extremely close to the actors and actresses. I really liked this aspect because I felt like I was a part of every scene. The attire of the actors really matched their roles. The Trojan women, respectively, were dressed in ragged clothes and had visible physical wounds to symbolize their struggle with Troy. The guards were armed and dressed in all black. I felt like the costumes helped the audience distinguish class as well as where the characters were from. It made us believe that the characters really were from Troy or Greece. I think that the play was about the women of Troy’s struggle to stay faithful to their beloved city, remember their families that were lost, and keep faith and hope. There were various instances in the play where you could see that the women were becoming frustrated with the gods, whom they had done everything for, and expected help and salvation in return. For example, it is seen in the scene where the Trojan women discover the Greeks want to kill Astyanax. You

An Overview Of The Relevance Theory English Language Essay

An Overview Of The Relevance Theory English Language Essay In Relevance: Communication and cognition, Sperber and Wilson (1986, 1995) present a new approach to the study of human communication. Relevance Theory is based on the view that human cognition is geared towards the maximization of relevance, and that communicated information comes with a guarantee of relevance. This is what Sperber and Wilson name the Principle of Relevance. The theory has sparked a great deal of research since it was presented, either supporting or criticizing the entire theory or some of its main arguments. The following presents an overview of Relevance Theory (henceforth RT) and outlines the main tenets of the theory. The overview outlines definitions of the main concepts and tenets which were originally presented by Sperber and Wilson (1986; 1995) and mainly comprised the originality of the theory, such as mutual manifestness, optimal relevance, and ostensive inferential communication. That is followed by a discussion of RT as a post-Gricean theory and how far it adopts or deviates from the views of Grice (1975). Sperber and Wilson present RT as a post-Gricean theory (Grice 1975). It takes as a starting point the inferential model of communication developed by Grice as opposed to the code model of communication. Sperber and Wilson (1995) argue that communication cannot be achieved by the code model alone, i.e. encoding and decoding messages, nor by the inferential model alone. They maintain that verbal communication exploits both kinds of process, as the outcome of the decoding process serves as the input to the inferential process by which the speaker’s intentions are recognized. According to the code model of communication, human languages are codes and verbal communication is achieved by encoding and decoding messages. The speaker encodes his/her message into a signal which is decoded by the hearer. Grice (1975) developed a different model of communication which is the inferential model. According to that model, the speaker pro vides evidence of his/her intention to convey a specific meaning and the hearer infers that meaning according to the evidence provided. Following the inferential model, communication is successful when the hearer interprets the evidence provided by the speaker as she intended it to mean. In cases where a single utterance provides evidence for different interpretations, this could lead to communication failure if the speaker does not inferentially derive the meaning intended by the hearer. Grice suggested that a speaker would observe what he called the Co-operative Principle and maxims of conversation to make his/her communicative intention clear for the hearer who would choose the interpretation that conforms to these maxims. The maxims are Quality, Quantity, Relevance and Manner. Coded communication, as one of the processes involved in verbal communication is viewed by Sperber and Wilson not as autonomous but subservient to the inferential process. Nevertheless, the inferential pro cess is autonomous as it functions in essentially the same way whether or not combined with coded communication. Sperber and Wilson (1995) argue that the code model is not sufficient to account for human communication because comprehension of utterances involves more than merely decoding linguistic signals. There is a gap between the semantic representation of sentences and the thoughts which are actually communicated by the speaker’s utterances. They claim that this gap is filled by inference. Nevertheless, they argue that the inferential model is not enough on its own to explain human communication. As they reject the code model as insufficient to account for communicational understanding, Sperber and Wilson (1995) propose a modified view of inferential communication in which â€Å"communication is achieved by the communicator providing evidence of her intentions and the audience inferring her intentions from the evidence† (Sperber and Wilson 1995: 24). Hence, verbal communication involves both coding and inferential processes.

Colonialism and Disease in Cholera, Kuru and Anthrax Essay

Colonialism and Disease in Cholera, Kuru and Anthrax - Essay Example Spain in the early 1600s and other huge nations was looking to develop land in the new world for themselves and get gold, silver, and power whilst converting natives. After coming to the new world, the Spanish explorer, conquering the natives and built settlements. However, with an increased rate colonialism, many historians observe that the rate of contagious some particular disease also increased and the western medication is another justification for promoting colonialism. Historians such as Roland Chrisjohn and John S. Milly from Canada have since published documents showing evidence on how the discussion about disease spread concealed by colonialists to hide the actual origins of the natives were infected with the new diseases. Historians have stated that European colonists on discovering that the indigenous people were not immune to certain diseases, they deliberately spread the diseases for military advantages and to subjugate the local people. Therefore, the correlation between colonialism and disease can be examined in following disease cases: Cholera in India, Kuru in eastern Highlands of New Guinea and smallpox in China during Late Imperial Time. Cholera, as defined as an Asian or Indian disease during the 19th century (Nappi, Lecture 3.1 21 January 2014), was rampant in India and also in the industrially developed country as the United Kingdom. It spread across the world from its source in the Ganges delta, in India. Cholera is an acute diarrhoeal and virulent disease that affects both children and adults and kills within hours if left untreated. Effective control of cholera relies on the preparedness, prevention, and response. According to most European and American physicians, Cholera was a locally produced miasmatic disease which was brought about by direct exposure to filthy and decayed products.  

TEXTBOOK-Brinkley, American History, Connecting with the Past, Volume Essay - 2

TEXTBOOK-Brinkley, American History, Connecting with the Past, Volume II, McGraw Hill CHAPTER 15 - Essay Example Presidents Lincoln and Johnson were of varying opinions that the war was to restore the stateliness of the mess up states. Due to the challenges faced in this process, Lincoln employed the military to not only reconquer the states, but also to regain the status of these states. The treacherous citizens were pardoned in that case, and Lincoln made voters take the oath of Liberation Proclamation (445). Andrew Johnson, an ex- slave possessor was of a low opinion on the blacks and that they should hold the low positions in the society. In this case, Johnson planned to restore the South by proclaiming reprieve on certain classes in the society, those of high class (444). Nothing much maturated from the 13th amendment on abolishing slave trade. Later, the Congress was to design its own plan of reconstruction that touched on the 14th amendment. This amendment according to Brinkley defined citizenship, and was to allow the African Americans part of the state (421). The blacks were also protected from the interference from the state and advocated for reduced representation in the states with disfranchising future supporters. In regard to this amendment, the State and federal nationality for all persons was in simple terms reinstated in spite of an individual’s race either born or naturalized in USA (438). Analysts and researchers argue that the process of reconstruction would have been easier if President Johnson would have accepted the amendment’s measures. However, Johnson was of the opinion that the constitution and the white supremacy would be in subordinated. He, therefore, worked towards defeat of the southern states and establishing a radical Republican Party (415). Historians are justified in calling this period the darkest period of American History since the move by Johnson not only undermined human existence, but also deprived them the right to be at liberty like other humans. If I was in power, I would have definitely put in place

Difference Between Wordpad and Notepad Essay Example for Free

Difference Between Wordpad and Notepad Essay What is the difference between Notepad and WordPad? Answer: Both programs are text editors that are included with the Windows operating system. Notepad is the most basic text editor, which allows you to open and create text files. While you can create several paragraphs of text with Notepad, using line breaks (by pressing the Enter key), the program does not give you text formatting options. For example, you cannot change the font size or make the text bold. WordPad is similar to Notepad, but gives you more formatting options. You can use bold and italics formatting, and change the font, size, and color of the text. You can also create bulleted lists and center and justify paragraphs. WordPad allows you to save documents as either basic text (. TXT) files or rich text format (. RTF) files. Saving a document in the rich text format will keep all the formatting you have done to the text, while saving it as a basic text file will remove all text formatting from the document. Notepad is a good choice for creating webpages It is also useful for removing formatting from text that you have copied and want to paste somewhere else as plain text. Just paste the text into Notepad, copy it again from Notepad, and you have completely unformatted text. WordPad is a good choice for writing papers or creating documents that you want to print. It is also great for making lists, since it supports bullets. You can use WordPad to open an unformatted text document and add whatever formatting you want. If you want even more formatting options and a more user-friendly interface, you can use a program such as Microsoft Word.

Buddhism in Japan Essay -- Buddhist Research Paper 2015

â€Å"Buddhism has the characteristics of what would be expected in a cosmic religion for the future; it transcends a personal God, avoids dogmas and theology; it covers both the natural and spiritual, and it is based on a religious sense aspiring from the experience of all things, natural and spiritual, as a meaningful unity.† Albert Einstein (Buddhism) Buddhism has affected many people. From the Buddha’s first followers to my next door neighbor, people everywhere have followed the teachings of Buddhism. Buddhism was started by a Prince; a prince who wanted more. Many different ways of showing appreciation to Buddha are present in today’s society as well as when Buddhism was first started. There are paintings, carvings, statues and buildings dedicated to Buddha, but one of the most prevalent of these ways of appreciation is the Byodoin Temple in Uji, Japan. This temple is a beautiful example of Japanese Buddhist architecture, including painting and carvings inside. To understand the full impact of this temple and its contents, we must first understand Buddhist thought. By starting with Buddha and going through Buddhist thought, art and the period in which the Byodoin was constructed, we will learn the true impact of this building on the Buddhist culture. Buddhism was born in a time when Hinduism ruled the streets. To many it seemed that somehow, somewhere, there had to be more. For one man, this puzzle would lead him on a journey through the countryside and towns of ancient Nepal and eventually into himself, where the true meaning of Buddhism lies. This is the story of that one man, Prince Siddhartha Gautama. Prince Siddhartha Gautama, born to Shuddhodana and Maya, the king and queen of the Sakyas, was born in Lumbini, Nepal around the year 563 BC. According to Buddhist belief, Siddhartha was â€Å"divinely conceived.† His mother had a dream one night, and in that dream an elephant with six tusks came to her with a lotus flower in its trunk and touched her right side. This is when Siddhartha was conceived. When Siddhartha was born, his father summoned Brahmins to tell what his future would hold. They gave him two options: he would either be a world conqueror or a great teacher. Wanting the first destiny for his son, Shuddhodana embellished his son with all the pleasures of life- not wanting him to see any death or disease. One day, Siddhartha asked his... ...s, Nigel. Web. 2 April 2015. http://www.nol.net/~jeffh/aikiclub/docs/byodo.txt â€Å"Heian Era.† Web. 27 Mar. 2015. http://cti.itc.virginia.edu/~yh6d/byodoinindex.htm Hooker, Richard. Web. 6 April 2015. http://www.wsu.edu:8000/~dee/GLOSSARY/AMIDA.HTM â€Å"Japanese Temples.† Web. 2 April 2015. http://www.jinjapan.org/museum/temple/about_te.html â€Å"Jodo Sect.† Web. 27 Mar. 2015. http://www.isei.or.jp/books/63/63_7.html â€Å"Japan Travel Updates† Web. 6 April 2015. http://www.jnto.go.jp/regions/kinki/kyoto/vicinity_of_kyoto/545.html Mackenzie, Lynn. Non-western Art, a Brief Guide. Prentice Hall, New Jersey. 1995. Pages 84-86. Paine, Robert and Alexander Sober. â€Å"Chronology of Japan’s Architecture.† â€Å"Pure Land Buddhism.† Web. 3 April 2015. http://www.ibiblio.org/wm/paint/tl/japan/heian.html Smith, Huston. The Illustrated World’s Religions. Harper Collins, San Francisco. 1994. Pages 60-61, 64, 70-72, 74-75. â€Å"Thinkquest.† Web. 6 April 2015. http://library.thinkquest.org/29295/byodo-in.htm Web. 2 April 2015. http://www.kanzaki.com/jinfo/jart-fine.html â€Å"World Heritage National Treasures.† Web. 2 April 2015. http://www.kiis.or.jp/kansaida/uji/uji01-e.html

Foreign Direct Investment

Foreign direct investment (FDI) is probably the single most important factor contributing to the globalization of the international economy. FDI are increasingly strong economic links between developing and industrialized countries, and also among developing countries. Foreign direct investment in developing countries (LDCs) have increased nearly four-fold in the 1990s and now account for almost 40 per cent, reaching some $120 billion in 1997. Foreign direct investment is now by far the largest source of all capital flows to the less developed world. The objective of the FDI is to encourage the flow of investments for productive purposes among member†s countries, and in particular to developing countries. To serve this objective, the WTO must provide some type of guarantees (or insurance) covering foreign direct investment for all parties† host countries, home countries and Multinational corporations† against all the obstacles like Different needs, political risks, abuse of labor, Transfer Restriction, Breach of Contract, corruption, and Tax breaks. WTO must carry out advisory and technical assistance for these parties so that their interests are protected, and must emphasis on multilateral investment agreement (MIA. ) No unilateral action or bilateral The host countries or the developing countries are interested in: (I) development of their services, communities and infrastructure that may help their industrialization and development, (III) production of exportable goods and (III) continuous technological development in their industrial production and services Once MNC has been attracted to a particular destination country, they expect a high level of facilitation services. Governments all too often give inadequate attention to servicing investors† needs, even though large sums of money may have been spent on promotion activities and success has been achieved against fierce international competition. In retune, Investors from industrialized countries want to come to developing countries for two main reasons. First, they apprehend that the return on capital in their home country is not adequate; second, they want to combine their capital with the cheap labor of the host country to reduce the cost of production. So the WTO should regulate the minimum wage for the worker in the host county. If the FDI is only for capturing the domestic market, it may still generate profit for the investor, but such profit may leave the country in foreign exchange. Where there are two serious implications. First, in profitable domestic consumption sectors, foreign investments may overwhelm domestic investors (which may generally not be as strong as the foreign counterparts) and in some cases may eliminate them. Second, some critical sectors, like land, minerals and forests, where countries often like to have effective control on ownership because of social, political and strategic reasons, may, in a big way, pass under the control of foreign nationals. Investors have freedom without any responsibility, except in respect of their own profits. The implementation of the obligations of home countries are ought to be ensured by locating the MIA in the WTO, so that for any perceived infringement, action can be taken against exports of the country. Tax breaks for multinational corporations Multinational corporations, whether American- or foreign-owned, are supposed to pay taxes on the profits they earn in their home country. For example, American companies and individuals aren't supposed to gain tax advantages from moving their operations or investments to low-tax offshore â€Å"tax havens. † But the tax laws often fail miserably to achieve this goal. Moreover, IRS data show that foreign-owned corporations doing business in the United States typically pay far less in U. S. income taxes than do solely American firms with similar sales and assets. The same loopholes that foreign companies use are also utilized by U. S. -owned multinationals, and even provide motivation for American companies to move plants and jobs overseas. As a result, the WTO must fix these problems in the current system. The WTO must oblige all multinational corporations to provide income report in the overseas operation. Also, the Home County has the right to inspect every movement of goods and services between a multinational company's domestic and foreign operations, and then attempt to assure that a fair, â€Å"transfer price† was assigned to each real or notional transaction. Host countries insist that foreign firms must meet high domestic-content requirements, take on local partners, or engage in technology-sharing agreements, by contrast, suffer lags in technology acquisition, absence of best management techniques, weak penetration of foreign markets, and flimsy development of a supplier base. Yet developing countries and economies in transition can†t find ways to protect and reward foreign investors who promise to meet domestic content, joint venture, or technology-sharing requirements. Political actions, changes in governments, events or instability may result in unfavorable changes in the value of a foreign security. A new treaty, the repeal or modification of an existing treaty or a change in formal diplomatic relations between the home and the host countries could affect the value or liquidity of investments in that country. Corruption in the developing countries The definition of corruption is misuse of power for private benefit or advantage. Corruption is to all appearances widespread in developing countries and has very serious repercussions on their peoples' quality of life – above all that of the poor and disadvantaged. This power may, but need not, reside in the public domain. Besides money , the benefit can take the form of protection, special treatment, commendation, or promotion; generally speaking corruption encompasses four main distinguishing features: Undesirable effects on third parties (home county). Also the effects of corruption in developing countries ends up as obvious ignore of community interest. The WTO should monitor the MNC operations in the developing countries so that the real objective is achieved, and to protect the other parties. Breach of Contract † home, host countries and multinational corporations† Different needs of investors and host countries Investors from industrialized countries want to come to developing countries main reason profit. The host developing countries, on the other hand, are interested in development of their services and technological development in their industrial production and services. These two objectives are not incompatible. And the interest of foreign investors and host governments may be harmonized. But it is critical that any FDI agreement meet both objectives. This can be achieved if the investors decide on the capability of specific projects, and the host governments decide on the priority sectors and conditions of FDI, consistent with their economic and development objectives. Wherever the two agree, FDI will flow. But for FDI to have a beneficial effect, it is important to realize that the roles of both sides are significant. An MIA is really not necessary for this purpose. What is needed is that governments have clarity of objectives, and these are spelt out clearly. Sets of transparent and stable criteria adopted and announced by governments can help the foreign investors to assess the viability of investments under those conditions. Naturally, governments wishing to encourage foreign investments will lay down criteria, which will welcome the investors in priority sectors rather than scare them away. If there is sufficient scope for the convergence of the interests of investors and those of the host governments and if it can be brought about by the domestic policies and measures of host governments, why is it then that some industrialized countries are pressing for a multilateral discipline? The main reason is to eliminate or, at least, constrict the powers of host governments regarding the choice of the priority sectors for FDI and obligation of conditions on such investments, so that foreign investors are able to operate unencumbered by such constraints. The main objective of the investors naturally is to earn high profit in a short time and repatriate the profit. And the objective behind bringing the proposed discipline on investments into the folds of the WTO Agreement is to utilize its dispute settlement process to enforce the discipline. The WTO, through its provision of cross-sector retaliation, will enable them to take restrictive measures against the developing countries, which may be perceived as violating the discipline. Foreign investment is often welcome to countries, as it increase the country's capital and investment stocks. But the main implication of FDI is that the returns on such investments – in the form of dividends and profits, as well as many fees including license fees, management expenses and so on – are sent out of the country in foreign exchange. Hence, if the investments do not help the country, either directly or indirectly, to earn foreign exchange, the negative effects of the outflow may be serious. A change in the exchange rate between the two countries currency may reduce the value of an investment in a security valued in the foreign currency, or based on that currency value. Foreign Direct Investment Foreign direct investment (FDI) is probably the single most important factor contributing to the globalization of the international economy. FDI are increasingly strong economic links between developing and industrialized countries, and also among developing countries. Foreign direct investment in developing countries (LDCs) have increased nearly four-fold in the 1990s and now account for almost 40 per cent, reaching some $120 billion in 1997. Foreign direct investment is now by far the largest source of all capital flows to the less developed world. The objective of the FDI is to encourage the flow of investments for productive purposes among member†s countries, and in particular to developing countries. To serve this objective, the WTO must provide some type of guarantees (or insurance) covering foreign direct investment for all parties† host countries, home countries and Multinational corporations† against all the obstacles like Different needs, political risks, abuse of labor, Transfer Restriction, Breach of Contract, corruption, and Tax breaks. WTO must carry out advisory and technical assistance for these parties so that their interests are protected, and must emphasis on multilateral investment agreement (MIA. ) No unilateral action or bilateral The host countries or the developing countries are interested in: (I) development of their services, communities and infrastructure that may help their industrialization and development, (III) production of exportable goods and (III) continuous technological development in their industrial production and services Once MNC has been attracted to a particular destination country, they expect a high level of facilitation services. Governments all too often give inadequate attention to servicing investors† needs, even though large sums of money may have been spent on promotion activities and success has been achieved against fierce international competition. In retune, Investors from industrialized countries want to come to developing countries for two main reasons. First, they apprehend that the return on capital in their home country is not adequate; second, they want to combine their capital with the cheap labor of the host country to reduce the cost of production. So the WTO should regulate the minimum wage for the worker in the host county. If the FDI is only for capturing the domestic market, it may still generate profit for the investor, but such profit may leave the country in foreign exchange. Where there are two serious implications. First, in profitable domestic consumption sectors, foreign investments may overwhelm domestic investors (which may generally not be as strong as the foreign counterparts) and in some cases may eliminate them. Second, some critical sectors, like land, minerals and forests, where countries often like to have effective control on ownership because of social, political and strategic reasons, may, in a big way, pass under the control of foreign nationals. Investors have freedom without any responsibility, except in respect of their own profits. The implementation of the obligations of home countries are ought to be ensured by locating the MIA in the WTO, so that for any perceived infringement, action can be taken against exports of the country. Tax breaks for multinational corporations Multinational corporations, whether American- or foreign-owned, are supposed to pay taxes on the profits they earn in their home country. For example, American companies and individuals aren't supposed to gain tax advantages from moving their operations or investments to low-tax offshore â€Å"tax havens. † But the tax laws often fail miserably to achieve this goal. Moreover, IRS data show that foreign-owned corporations doing business in the United States typically pay far less in U. S. income taxes than do solely American firms with similar sales and assets. The same loopholes that foreign companies use are also utilized by U. S. -owned multinationals, and even provide motivation for American companies to move plants and jobs overseas. As a result, the WTO must fix these problems in the current system. The WTO must oblige all multinational corporations to provide income report in the overseas operation. Also, the Home County has the right to inspect every movement of goods and services between a multinational company's domestic and foreign operations, and then attempt to assure that a fair, â€Å"transfer price† was assigned to each real or notional transaction. Host countries insist that foreign firms must meet high domestic-content requirements, take on local partners, or engage in technology-sharing agreements, by contrast, suffer lags in technology acquisition, absence of best management techniques, weak penetration of foreign markets, and flimsy development of a supplier base. Yet developing countries and economies in transition can†t find ways to protect and reward foreign investors who promise to meet domestic content, joint venture, or technology-sharing requirements. Political actions, changes in governments, events or instability may result in unfavorable changes in the value of a foreign security. A new treaty, the repeal or modification of an existing treaty or a change in formal diplomatic relations between the home and the host countries could affect the value or liquidity of investments in that country. Corruption in the developing countries The definition of corruption is misuse of power for private benefit or advantage. Corruption is to all appearances widespread in developing countries and has very serious repercussions on their peoples' quality of life – above all that of the poor and disadvantaged. This power may, but need not, reside in the public domain. Besides money , the benefit can take the form of protection, special treatment, commendation, or promotion; generally speaking corruption encompasses four main distinguishing features: Undesirable effects on third parties (home county). Also the effects of corruption in developing countries ends up as obvious ignore of community interest. The WTO should monitor the MNC operations in the developing countries so that the real objective is achieved, and to protect the other parties. Breach of Contract † home, host countries and multinational corporations† Different needs of investors and host countries Investors from industrialized countries want to come to developing countries main reason profit. The host developing countries, on the other hand, are interested in development of their services and technological development in their industrial production and services. These two objectives are not incompatible. And the interest of foreign investors and host governments may be harmonized. But it is critical that any FDI agreement meet both objectives. This can be achieved if the investors decide on the capability of specific projects, and the host governments decide on the priority sectors and conditions of FDI, consistent with their economic and development objectives. Wherever the two agree, FDI will flow. But for FDI to have a beneficial effect, it is important to realize that the roles of both sides are significant. An MIA is really not necessary for this purpose. What is needed is that governments have clarity of objectives, and these are spelt out clearly. Sets of transparent and stable criteria adopted and announced by governments can help the foreign investors to assess the viability of investments under those conditions. Naturally, governments wishing to encourage foreign investments will lay down criteria, which will welcome the investors in priority sectors rather than scare them away. If there is sufficient scope for the convergence of the interests of investors and those of the host governments and if it can be brought about by the domestic policies and measures of host governments, why is it then that some industrialized countries are pressing for a multilateral discipline? The main reason is to eliminate or, at least, constrict the powers of host governments regarding the choice of the priority sectors for FDI and obligation of conditions on such investments, so that foreign investors are able to operate unencumbered by such constraints. The main objective of the investors naturally is to earn high profit in a short time and repatriate the profit. And the objective behind bringing the proposed discipline on investments into the folds of the WTO Agreement is to utilize its dispute settlement process to enforce the discipline. The WTO, through its provision of cross-sector retaliation, will enable them to take restrictive measures against the developing countries, which may be perceived as violating the discipline. Foreign investment is often welcome to countries, as it increase the country's capital and investment stocks. But the main implication of FDI is that the returns on such investments – in the form of dividends and profits, as well as many fees including license fees, management expenses and so on – are sent out of the country in foreign exchange. Hence, if the investments do not help the country, either directly or indirectly, to earn foreign exchange, the negative effects of the outflow may be serious. A change in the exchange rate between the two countries currency may reduce the value of an investment in a security valued in the foreign currency, or based on that currency value.