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

Decks in this class (36)

Globalisation
Globalisation,
Causes of globalisation,
Advantages of globalisation
4  cards
Absolute Advantage
Absolute advantage
1  cards
Comparative Advantage
Comparative advantage
1  cards
Specialisation
Specialisation,
Advantages of specialisation,
Disadvantages of specialisation
3  cards
Terms Of Trade
Terms of trade equation,
Terms of trade,
Factors influencing the terms of ...
4  cards
Trading Bloc
Trading bloc
1  cards
Free Trade Area
Free trade area
1  cards
Customs Union
Customs union
1  cards
Common Market
Common market
1  cards
Monetary Union
Monetary union
1  cards
Workd Trade Organisation (WTO)
World trade organisation wto,
Wto s ideal world trade,
Role of wto
4  cards
Tarrif
Tarrif,
Tarrif revenue
2  cards
Quota
Quota
1  cards
Trade Subsidy
Trade subsidy,
Aim of a trade subsidy
2  cards
Non-tarrif Barriers
Non tarrif barriers
1  cards
Balance Of Payments
Balance of payments
1  cards
Components Of The Current Account
Components of the current account,
Causes of current account surplus,
Causes of current account deficit
4  cards
Capital Account
Capital account,
Floating exchange rate,
Advantages of a floating exchange...
7  cards
Managed Exchange Rate
Managed exchange rate
1  cards
Competitive Devaluation Intentions
Competitive devaluation intentions
1  cards
Revaluation
Revaluation,
Appreciation
2  cards
Devaluation
Devaluation
1  cards
Depreciation
Depreciation
1  cards
Factors Influencing Exchange Rates
Factors influencing exchange rates
1  cards
Governemnt Intervention In The Currency Markets-interest Rates
Government intervention in the cu...,
Government intervention in the cu...,
Government intervention in the cu...
3  cards
2
International competitiveness,
Components of international compe...,
Unit labour costs
5  cards
Poverty
Absolute poverty,
Relative poverty,
Equity
7  cards
Inequality
What are the 2 measures of inequa...,
Causes of inequality
2  cards
Human Development Index(HDI)
What 3 areas does the human devel...,
How is each measure in the hdi we...,
Advantages of the hdi
7  cards
Harrod Domar Model
Harrod domar model,
Harrod domar model rate of growth,
Foreign currency gap
6  cards
7
Access to credit and banking,
Infrastructure,
Education skills
10  cards
&
Micro finance schemes,
Privatisation,
Interventionist strategies for gr...
10  cards
9
Other strategies for growth and d...,
Advantages of fair trade schemes,
Disadvantages of fair trade scheme
10  cards
10
Transfer payments,
Changing composition of uk public...,
What is the biggest source of gov...
10  cards
11
Taxes in the trade balance,
How does tax affect fdi flows,
Discretionary fiscal policy
10  cards
12
Measures to reduce fiscal deficit...,
Measures to reduce poverty,
Measures to change interest rates...
6  cards

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Economics Theme 4

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