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Economic Integration I

This class was created by Brainscape user Raunaq Mohammad. Visit their profile to learn more about the creator.

By: Raunaq Mohammad
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Decks in this class (11)

Lecture 1 - Introduction
What is economic integration,
What does positive integration do,
What does negative integration do
12  cards
Lecture 2 - The economics of a regional trade grouping
What are the benefits and drawbac...,
Explain the origin of the europea...,
What are the effects of the remov...
11  cards
Lecture 3 - Are customs unions good or bad for the economy?
Draw a tariff diagram for the lux...,
What is a non preferential trade ...,
What is a preferential trade poli...
5  cards
Lecture 4 - The EU customs union
When did the eu cu start and when...,
What does cu theory predict,
What effect did the eu cu have on...
6  cards
Lecture 5 - The single market
What are the 3 main benefits to a...,
Explain the 1985 single market pr...,
What actions were taken to create...
4  cards
Lecture 6 - The World Trade Organisation
Why do we need a wto,
How does the wto deal with govern...,
How has the wto overcome the gove...
15  cards
Lecture 7 - The economics of a common market for labour
Explain the assumptions we make f...,
What is the marginal value produc...,
What wages do workers get paid in...
7  cards
Lecture 8 - Integration and growth
What does gdp measure,
What does economic growth involve...,
What happens if the labour force ...
6  cards
Lecture 9 - How do FTAs affect trade and employment
What is nafta,
What is the rules of origin in nafta,
Why does rules of origin exist in...
7  cards
Lecture 10 - Optimum Currency Area
What is a nominal exchange rate,
What factors affect exchange rates,
State the formula for calculating...
13  cards
Lecture 11 - Economic and monetary union in Europe
What does the european monetary u...,
What is the maastricht convergenc...,
Explain the european central bank...
8  cards

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Economic Integration I

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