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Omar o
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Decks in this class (29)
Specialisation and Trade
Comparative advantage,
Theory of comparative advantage,
The average cost of production ca...
15
cards
Globalisation
Which of the following is an exam...,
What is one of the main ways that...,
Fdi
30
cards
Terms of Trade
If the price of benin s cotton ex...,
If the price of benin s harvester...,
If the price of benin s cotton ex...
34
cards
Diagrams
Name the abcd them ones,
The diagram below shows the marke...,
A worsening of the current accoun...
12
cards
Restrictions on Free Trade
Quota,
Subsidy to domestic producer,
Non tariff barriers
13
cards
Trading Blocs
Trading bloc,
Four types of trading bloc,
Free trade area
14
cards
World Trade Organisations
What was the first function of th...,
World trade organisation,
Functions of the world trade orga...
6
cards
Patterns of Trade
How is a 174 million increase in ...,
How might comparative advantage a...,
Which of the following shows a li...
14
cards
Balance of Payments
What are the two main accounts in...,
What is the balance of payments,
Components of the balance of paym...
61
cards
Exchange rates
Uk consumers stop purchasing pork...,
The uk government imposes regulat...,
What will happen to the exchange ...
47
cards
Diagram questions
This diagram shows the effect of ...,
The diagram shows the effect of a...,
The diagram below shows the impac...
11
cards
Exchange Rate Systems
The central bank can manage the e...,
How can a country change the valu...,
Revaluation
21
cards
Introduction to International Competitiveness
What is the impact of a reduction...,
Workers in a german fridge compan...,
What is the most likely impact of...
17
cards
Poverty
Purchasing power parity,
Absolute poverty,
Absolute poverty measure
9
cards
Inequality
Income,
What is income inequality,
What does the straight 45 line in...
18
cards
Measures of Development
1 economic development,
2 indicators,
What is gross national income
46
cards
Savings gap
There are two main reasons for lo...,
A savings gap,
How do low levels of investment a...
26
cards
Property Rights
What are property rights,
What are possessions without prop...,
How do low levels of investment a...
18
cards
Corruption
Fair trade scheme,
Fair trade premium,
How can fair trade schemes lead t...
15
cards
Infant industries
What are internal economies of scale,
Chain of reasoning on infant indu...,
Which of the above combinations s...
18
cards
Primary Product Dependency
Complete the list below to show t...,
What is the first key characteris...,
Price elasticity of supply
53
cards
Foreign currency gap
A foreign currency gap,
When countries import more than t...,
A foreign currency gap
8
cards
The World Bank, IMF and NGOs
The world bank helps to promote g...,
How much money did the world bank...,
The international monetary fund
13
cards
Role of Financial Markets
A forward contract,
What is meant by equity,
What is meant by a forward contract
32
cards
Income tax
Progressive tax,
Example of regressive tax,
Example of proportional tax
18
cards
Public expenditure
Human capital,
What is capital expenditure,
What is current expenditure
30
cards
Public sector finances
Which of the following does gover...,
What is the business cycle based on,
Which of the following describes ...
26
cards
Policy Toolkit
Which of the following describes ...,
Which of the following best descr...,
2 automatic stabilisers
25
cards
Policies in a global context
Which of the following policies c...,
What does decreasing the interest...,
Which of the following policies c...
19
cards
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Macro Econ 2
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