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

Decks in this class (17)

Development
Define development,
Explain how ppp works,
Why is growth a good indicator
5  cards
HDI
What are the factors of hdi,
How is the hdi calculated,
What are the advantages of using hdi
4  cards
Constraints
Define constraint,
Define resource course,
Explain the dutch disease
12  cards
Sectoral Balance
What are the sectors of an economy,
Describe stage 1 primary dominanc...,
Describe stage 2 secondary domina...
4  cards
EU
What are the benefits of free tra...,
What are the convergence criteria,
What is the need for convergence ...
5  cards
Trade Theory
What are the assumptions made in ...,
Define comparative advantage,
Define absolute advantage
9  cards
FDI
Define fdi,
What is the fdi benefit in ledcs,
How do mncs benefit in ledcs
7  cards
Globalisation
Define globalisation,
What has caused globalisation,
What are the benefits of globalis...
4  cards
Movement Of Labour
What are the advantages of the fr...,
What are the problems with the fr...
2  cards
Invertionist ISI
Define import substituting indust...,
What is the essence of isi,
What are the stages of isi
8  cards
Interventionist EOI
Define export oriented industrial...,
What is the essence of eoi,
What are the benefits of eoi
4  cards
Foreign Aid
Define foreign aid,
What types of aid are there,
What are the advantages of foreig...
4  cards
Debt Relief
Define debt relief,
What types of debt rescheduling a...,
What is debt forgiveness
5  cards
Free Market
What is the free market approach,
What are the benefits of free mar...,
What are the drawbracks of free m...
3  cards
Balance Of Payments
What is the current account made ...,
What is the financial account mad...,
Why does the bop balance
6  cards
Current Account Deficit
How can you reduce the current ac...,
How can you reduce the current ac...,
How can you reduce the current ac...
6  cards
Trade within the EU
What is trade diversion,
What is the trade diversion diagram,
What is trade creation
4  cards

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Global Economics

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