Application Flashcards

(15 cards)

1
Q

Comparative advantage

A

Vietnam in textile manufacturing

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2
Q

Protectionism

A

US tariffs on Chinese imports

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3
Q

Trade blocs

A

Uk leaving EU (Brexit)

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4
Q

FDI

A
  • Apple manufacturing in China
  • Toyota in UK
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5
Q

Outsourcing

A

Call centres in India

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6
Q

De-globalisation trend

A

Re-shoring of supply chains post-Covid

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7
Q

Micro finance

A

Grameen Bank in Bangladesh

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8
Q

Development projects

A

World bank infrastructure in sub-Saharan Africa

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9
Q

Corruption issues

A

Venezuela’s economic collapse

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10
Q

2008 financial crisis

A

Collapse of Lehman Brothers

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11
Q

Bank Regulations

A

Basel III
BofE stress tests

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12
Q

Fintech Growth

A
  • Revolut
  • Monzo
  • digital banking
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13
Q

Fiscal deficits

A

UK gov debt at 100% of GDP (2025)

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14
Q

Public sector reform

A

NHS privatisation debates

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15
Q

Nationalisation vs Privatisation

A

Rail reform discussions in UK

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