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Economics Theme 4

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

By: Millie Adkins
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Decks in this class (11)

4.1.1- Globalisation
What are the characteristics of g...,
What is globalisation,
What does economic integration mean
27  cards
4.1.2- Specialisation And Trade
Why do economies trade,
What is absolute advantage,
Who is david ricardo
5  cards
4.1.3- Pattern Of Trade
When did the uk use to export lot...,
What are the factors influencing ...,
What is comparative advantage
8  cards
4.1.4- Terms Of Trade
What is terms of trade,
What does it mean if terms of tra...,
How is terms of trade calculated
12  cards
4.1.5- Trading blocs and the WTO
What are the types of trading blocs,
What are preferential trading areas,
What are free trade areas
40  cards
4.1.7- Balance of Payments
What does the current account con...,
What does the capital account con...,
What does the financial account c...
38  cards
4.1.8- Exchange Rates
What is an exchange rate,
What is the spot exchange rate,
What is the forward exchange rate
37  cards
4.1.9- International competitiveness
What is a cacd likely to mean,
What are the measures of internat...,
How do you calculate relative uni...
15  cards
4.4.1- Role Of Financial Markets UNFINISHED
What are financial markets,
What are the types of financial m...,
What is the money market
31  cards
4.4.2- Market Failure In The Financial Sector
What asymmetric information is th...,
What are some examples of asymmet...,
What externalities are there in t...
13  cards
4.4.3- Centrals Banks Role
What are some examples of central...,
What are the main roles of the ce...,
How is the central bank a bank to...
11  cards

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Economics Theme 4

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