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economics macro - booklet 5

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

By: Armaan Farouq
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Decks in this class (5)

trade barriers/ restrictions
Analysis,
Types of trade barriers
2  cards
globalisation
Characteristics of globalisation,
Positive consequences of medcs,
Negative consequences for medcs
5  cards
international trade
Benefits of international trade,
Costs of international trade,
What is the term that describes r...
5  cards
absolute and comparative advantage
What is pareto optimum,
Comparative advantage,
Absolute advantage
4  cards
trade creation and trade diversion
Trade creation,
Trade diversion,
Arguments in favour of trade rest...
3  cards

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economics macro - booklet 5

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