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Unknown Unknown
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Decks in this class (20)
Globalisation 4.1.1
Define globalisation,
What are the 4 main characteristi...,
What are the 4 causes of globalis...
10
cards
Specialisation and Trade 4.1.2
Define comparative advantage,
Define absolute advantage,
What does ppf stand for and what ...
8
cards
Terms of Trade 4.1.4
Define terms of trade,
Terms of trade formula,
Factors influencing a countrys te...
5
cards
Trading Blocs 4.1.5
What are the 4 types of trading bloc,
Define trading blocs,
What is a free trade area
11
cards
Word Trade Organisations 4.1.5
What is the world trade organisation,
What are the 2 fuctions of the wto
2
cards
Restriction on free trade 4.1.6
What are the 4 restriction on fre...,
Define a trade barrier,
Define a tariff
10
cards
Balance of payments 4.1.7
What is the balance of payments,
What are the 2 components of the ...,
What is a current account surplus
16
cards
Exchange Rates 4.1.8
6 factors influencing exchange rates,
How do imports and exports influe...,
How does speculation influence ex...
21
cards
International Competitiveness 4.1.9
What are the benefits of being in...,
Measures of international competi...,
How do export prices measure inte...
11
cards
Absolute and relative poverty 4.2.1
Define absolute poverty,
Define relative poverty,
What 3 factors influence poverty ...
6
cards
Inequality 4.2.2
D,
Efine,
What is the gini coefficient formula
9
cards
Measures of Development 4.3.1
3 measures of development,
What does hdi measure,
Hdi values
5
cards
Factors influencing growth and development 4.3.2
How does high costs affect growth,
How does low productivity affect ...,
How does low investment affect gr...
19
cards
Strategies influencing Growth and development 4.3.3
How will promoting fdi influence ...,
How will promoting fdi not lead t...,
How will an increase in healthcar...
23
cards
Role of Financial Markets 4.4.1
What are the roles of financial m...,
What is a forward contract
2
cards
Market Failure in the Financial Sector 4.4.2
What are the different types of m...,
What is speculation and bubbles r...,
Define moral hazard
4
cards
Public Expenditure 4.5.1
Define capital expenditure,
Define current expenditure,
Define transfer payments
11
cards
Taxation 4.5.2
What are the 2 types of indirect tax,
Define specific tax,
Define ad valorem tax
11
cards
Public sector finances 4.5.3
Define budget deficit,
What are the 2 types of budget de...,
Define cyclical deficit
7
cards
Macroeconomic policies in a global context 4.5.4
Problems policy makers face when ...,
2
cards
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Macroeconomics - Year 2
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