Econ Theme 4: A Global Perspective

This class was created by Brainscape user Yusuf Hamid.

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Decks in this class (21)

4.1.1 Globalisation
What is globalisation 1,
What is the overall impact of glo...,
What factors have contributed to ...
19  cards
4.1.2 Specialisaiton And Trade
What is absolute advantage 1,
What is comparative advantage 2,
Who developed absolute advantage ...
14  cards
4.1.3 - Pattern of Trade
How can the pattern of trade betw...,
How do changes to a countries fac...,
How do emerging economies influen...
6  cards
4.1.4 Terms of Trade
How do import and export prices a...,
What are the terms of trade 2,
What does it mean for an improvem...
17  cards
4.1.5 Trading blocs and the World Trade Organisation (WTO)
How can trade be liberalised 1,
What are the problems with intern...,
What are the problems with the ge...
28  cards
4.1.6 Restrictions on Free Trade
What is protectionism 1,
What are the reasons for protecti...,
What are tariffs 3
31  cards
4.1.7 Balance of Payments
What are the components of the ba...,
What is the current account 2,
What is the capital account 3
30  cards
4.1.8 Exchange Rates
What factors influence a country ...,
How does the state of the economy...,
How does the relative interest ra...
18  cards
4.1.9 International Competitiveness
What is international competitive...,
What are the types of internation...,
What is unit labour costs 3
17  cards
4.2.1 Absolute And Relative Poverty
What is absolute poverty 1,
What is relative poverty 2,
What factors cause changes in abs...
16  cards
4.2.2 Inequality
What is income 1,
What is wealth 2,
What is an asset 3
27  cards
4.3.1 Measures of Development
What are the impacts of economic ...,
What are the 3 measures of develo...,
How is hdi measured 3
8  cards
4.3.2 Factors Influencing Growth and Development
What is primary product dependency 1,
What are primary products 2,
What are the factors that make pr...
32  cards
4.3.3 Strategies Influencing Growth and Development
What are the market orientated st...,
What is microfinance 2,
What are interventionist strategi...
20  cards
4.4.1 Role of Financial Markets
What is a financial market 1,
What is a financial institution 2,
How do financial markets facilita...
21  cards
4.4.2 Market failure in the Financial Sector
What is asymmetric information 1,
What are the groups in which pote...,
How is asymmetric information pre...
20  cards
4.4.3 Role of Central Banks
What are the roles of the central...,
How does the central bank act as ...,
How does the central bank act as ...
25  cards
Countries Data
Uk data 1,
Germany data 2,
India data 3
11  cards
4.5.1 Public Expenditure
What is public spending 1,
What are the 3 types of public sp...,
What is current expenditure spend...
11  cards
4.5.2 Taxation
What is direct tax 1,
What is indirect tax 2,
What is progressive tax 3
11  cards
4.5.3 Public Sector Finances
What are automatic stabilisers 1,
What is discretionary fiscal poli...,
What is counter cyclical fiscal p...
12  cards

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Econ Theme 4: A Global Perspective

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