This class was created by Brainscape user Kit Hogan. Visit their profile to learn more about the creator.
By:
Kit Hogan
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Decks in this class (17)
4.1.1 Globalisation
Globalisation 1,
Factors contributing to globalisa...,
Impacts of globalisation workers 3
8
cards
4.1.2 Specialisation and trade
Absolute advantage 1,
Comparative advantage 2,
Assumptions and limitations behin...
4
cards
4.1.3 Pattern of trade
Blank 1
1
cards
4.1.4 Terms of trade
Blank 1
1
cards
4.1.5 Trade bloc and the World Trade Organisation (WTO)
Types of trading blocs free trade...,
Types of trading blocs customs un...,
Types of trading blocs common mar...
8
cards
4.1.6 Restrictions to free trade
Reasons for restriction on free t...,
Reasons for reduction on free tra...,
Reasons for reduction on free tra...
11
cards
4.1.7 Balance of payments
Balance of payments 1,
Components of the balance of paym...,
Components of the balance of paym...
5
cards
4.1.8 Exchange rates
Exchange rate 1,
Free floating system 2,
Managed floating system 3
13
cards
4.1.9 International competitiveness
0
cards
4.2.1 Absolute and relative poverty
Absolute poverty 1,
Measures of absolute poverty 2,
Relative poverty 3
6
cards
4.2.2 Inequality
Income inequality 1,
Wealth inequality 2,
Blank 3
3
cards
4.3.1 Measures of development
Human development index hdi 1,
Advantages of using hdi to compar...,
Disadvantages of using hdi to com...
4
cards
4.3.2 Factors influencing growth and development
0
cards
4.3.3 Strategies influencing growth and development
0
cards
4.4.1 Role of financial markets
Role of financial markets to faci...,
Role of financial markets to lend...,
Role of financial markets to faci...
5
cards
4.4.2 Market failure in the financial sector
Asymmetric information 1,
Externalities 2,
Moral hazard 3
5
cards
4.4.3 Role of central banks
0
cards
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ECO - Theme - 4
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