Net Trade 2.2.5 Flashcards by Paddy Stoker | Brainscape

Q

What does SPICED stand for

A

Strong Pound Imports Cheaper Exports Dearer

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Q

What does WPIDEC stand for?

A

Weak Pound Imports Dearer Exports Cheaper

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Q

What is a Headwind?

A

An inward shift in the AD curve

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Q

What is a Tailwind?

A

An outward shift in the AD curve

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