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Niamh Steadman
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Decks in this class (21)
4.1.1 Globalisation
What is globalisation,
What are the key benefits of glob...,
Specialisation and trade enables ...
12
cards
4.1.2 Specialisation and Trade
What is an absolute advantage,
Who has the absolute advantage at...,
What could two countries do who h...
16
cards
4.1.3 Pattern of Trade
What is the geographical pattern ...,
What intra regional trade,
Who is the uk s largest trading p...
15
cards
4.1.4 Terms of Trade
What are the terms of trade,
What is the formula for calculati...,
A rise in the price index for exp...
5
cards
4.1.5 Trading blocs and the World Trade Organisation
What are trade blocs,
Examples of regional trade blocs ...,
What are free trade areas
22
cards
4.1.6 Restrictions on free trade
What would be the reasons for put...,
Explain the reasoning behind the ...,
Explain the reasoning behind the ...
42
cards
4.1.7 Balance of Payments
The current account of a nation s...,
What is included in the trade bal...,
What is included in the trade bal...
39
cards
4.1.8 Exchange Rates
What is an exchange rate,
What is an effective exchange rate,
What are the three main types of ...
51
cards
4.1.9 International Competitiveness
What is external competitiveness,
What is price competitiveness,
What is non price competitiveness
22
cards
4.2.1 Absolute and relative poverty
What is absolute poverty,
What is relative poverty,
What is absolute extreme poverty ...
9
cards
4.2.2 Inequality
Define income,
Define wealth,
What is the link between income a...
16
cards
4.3.1 Measures of Development
What are the three dimensions of ...,
Each factor of the human developm...,
What numbers does the index range...
16
cards
4.3.2 Factors Influencing Growth + Development
How can primary product dependenc...,
What is the prebisch singer hypot...,
What is the dutch diseasehow does...
18
cards
4.3.3 Strategies Influencing Growth + Development
Give some examples of market orie...,
What is a free market approach,
Describe how trade liberalisation...
35
cards
4.4.1 Role of Financial Market
What is a financial market,
Who might be a lender in a financ...,
Who might be a borrower in a fina...
12
cards
4.4.2 Market Failure in the Financial Sector
What is financial market failure,
What is the main reason for finan...,
What do some people say has incre...
12
cards
4.4.3 Role of Central Banks
What is a central bank,
What are the main functions of a ...,
What is monetary policy
15
cards
4.5.1 Pubic Expenditure
What is current spendinggives som...,
What is capital expendituregive s...,
What are transfer payments
15
cards
4.5.2 Taxation
What is taxrelate this to a micro...,
What are the uk government s curr...,
What is a processive tax
13
cards
4.5.3 Public sector finances
What are automatic stabilisersrel...,
How would automatic stabilisers w...,
True or false automatic stabilise...
13
cards
4.5.4 Macroeconomic policies in a global context
What are the 4 types of policies ...,
What are direct controls,
What are the 4 way the government...
31
cards
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Topic 4 - Macro
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