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Decks in this class (33)
3.1.1 Growing economies
Offshoring 1,
Rationalisation 2,
Nominal value 3
27
cards
3.1.2 Trade and growth
Tariffs 1,
Trade liberalisation 2,
Specialisation 3
23
cards
3.1.3 Trading blocs
Trade blocs 1,
Free trade areas 2,
Common markets 3
11
cards
3.1.4 Trade Policy and Negotiations
Protectionism 1,
Trade barriers 2,
Tariffs 3
16
cards
3.1.5 Impact of exchange rate changes
Current account balance of paymen...,
What is in a balance of payments ...,
Economic growth and trade deficit 3
11
cards
3.2.1 Conditions that prompt trade
Market saturation 1,
Emerging economies 2,
Under utilised capacity 3
12
cards
3.2.2 Assessing potential of different economies
Ease of doing business index 1,
Infrastructure 2,
Commodity 3
16
cards
3.3.1 Responding to Global demand
Glocalisation 1,
Ethnocentric 2,
Geocentric 3
20
cards
3.3.2 Demand side factors in the global market
Social and cultural differences 1,
Joint ventures 2,
Global niche market 3
14
cards
3.4.1 Impact of Multinational Corporations
Mncs and asymmetric power and rel...,
What is an mnc 2,
What is technology transfer 3
15
cards
3.4.2 Ethical issues and MNCs
Stakeholders 1,
Ethical decision making 2,
Exploitation of labour 3
15
cards
3.4.3 Can MNCs be controlled
Pressure groups 1,
Why are mncs hard to control 2,
Political and legal control of mn...
9
cards
3.5.1 Employment Patterns
Structural change 1,
How has the global labour force i...,
Structural change with developed ...
8
cards
3.5.2 Wage rates
Demand for labour 1,
Monopoly 2,
Factors that affect supply of lab...
21
cards
3.5.3 Minimum wage legislation
What are minimum wages 1,
Minimum wages are kept low because 2,
Why are benefits more attractive ...
9
cards
3.6.1 Poverty and inequality
What is relative poverty 1,
What is absolute poverty 2,
What does relative poverty lead to 3
11
cards
3.6.2 Reducing poverty
Economic growth 1,
Economic development 2,
Economic development in emerging ...
7
cards
3.6.3 Impact of inequality on economic agents
Impact of inequality on individua...,
Impact of inequality on society 2,
Impact of inequ and p on firms 3
5
cards
3.6.4 Redistribution of income and wealth
Regressive taxes 1,
Taxation 2,
Progressive taxes 3
17
cards
3.1 And 3.2 Case Studies
Describe brazil s population dist...,
Describe brazil s labour force 2,
Describe brazils land distribution 3
6
cards
3.3 And 3.4 Case Studies
Fratelli wines joint venture 1,
Ikea opening in hyderabad india c...,
Ansoff matrix with ikea 3
10
cards
3.5 and 3.6 case studies
Pension rates triple lock 1,
What is the uk gini coefficient 2,
Oxfam international aid as a non ...
15
cards
4.1.1 Spectrum of competition
Monopoly 1,
Monopoly power 2,
Duopoly 3
19
cards
4.1.2 Barriers to entry
Contestable markets 1,
Barriers to entry 2,
Easy entry 3
10
cards
4.1.3 Oligopoly
Oligopoly 1,
Concentration ratios 2,
Key features of an oligopoly 3
14
cards
4.1.3 Business objectives and pricing decisions
Ac ar and profit 1,
Marginal costs and revenue equati...,
What is marginal cost and revenue...
6
cards
4.1.5 Productive and Allocative efficiency
Productive efficiency 1,
Allocative efficiency 2,
How does the free market and firm...
9
cards
4.2.1 Market failure
What is market failure concerning...,
When is market failure observed 2,
Why is market power significant f...
14
cards
4.2.2 Promoting Competition
Ways of promoting competition 1,
Regulating natural monopolies 2,
Protecting consumers 3
13
cards
4.5.1 Risk and uncertainty
Difference between risk and uncer...,
External shocks 2,
Insurance and banks 3
7
cards
4.5.2 Role of the financial sector
Key roles of banks 1,
Banks and the creation of credit 2,
Money and the financial sector 3
10
cards
4.5.3 Role of the Central Bank
Monetary policy committee 1,
Mpc inflation and general aims 2,
Role of the bank of england 3
12
cards
4.5.4 Financial crisis
Financial crisis 1,
Types of financial crisis 2,
Root causes of financial crisis 3
18
cards
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Economics Year 2
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