4.1.1 Benefits of International Trade

25 flashcards

4.1.2 Absolute and Comparative Advantage (HL)

24 flashcards

4.1.3 Limitations of the Theory of Comparative Advantage (HL)

17 flashcards

4.2.1 Tariffs

27 flashcards

4.2.2 Quota

23 flashcards

4.2.3 Subsidy/Export Subsidy

26 flashcards

4.2.4 Administrative Barriers

17 flashcards

4.3.1 Arguments For Trade Protection

18 flashcards

4.3.2 Arguments Against Trade Protection

15 flashcards

4.3.3 Free Trade Versus Trade Protection

16 flashcards

4.4.1 Preferential Trade Agreements

17 flashcards

4.4.2 Trading Blocs

18 flashcards

4.4.3 Advantages and Disadvantages of Trading Blocs

16 flashcards

4.4.4 Monetary Union

15 flashcards

4.4.5 The World Trade Organization (WTO)

14 flashcards

4.5.1 Floating Exchange Rates

28 flashcards

4.5.2 Changes in Demand and Supply of a Currency

18 flashcards

4.5.3 Consequences of Changes to the Exchange Rate

17 flashcards

4.5.4 Fixed Exchange Rates

27 flashcards

4.5.5 Managed Exchange Rates

21 flashcards

4.5.6 Fixed Versus Floating Exchange Rate Systems (HL Only)

16 flashcards

4.6.1 Balance of Payments

16 flashcards

4.6.2 Components of the Balance of Payments

20 flashcards

4.6.3 Interdependence Between the Accounts

16 flashcards

4.6.4 Relationship Between the Current Account and the Exchange Rate (HL Only)

29 flashcards

4.6.5 Relationship Between the Financial Account and the Exchange Rate (HL Only)

14 flashcards

4.6.6 Implications of a Persistent Current Account Deficit (HL Only)

18 flashcards

4.6.7 Methods to Correct a Persistent Current Account Deficit (HL Only)

16 flashcards

4.6.8 The Marshall-Lerner Condition and the J-Curve Effect (HL Only)

18 flashcards

4.6.9 Implications of a Persistent Current Account Surplus (HL Only)

15 flashcards

4.7.1 The Meaning of Sustainable Development

9 flashcards

4.7.2 Sustainable Development Goals

14 flashcards

4.7.3 Relationship Between Sustainability and Poverty (HL Only)

15 flashcards

4.8.1 The Multidimensional Nature of Economic Development

13 flashcards

4.8.2 Single Indicators

18 flashcards

4.8.3 Composite Indicators

16 flashcards

4.8.4 Strengths and Limitations of Approaches to Measuring Economic Development

19 flashcards

4.8.5 Possible Relationship Between Economic growth and Economic Development

22 flashcards

4.9.1 Poverty Traps and Poverty Cycles

18 flashcards

4.9.2 Economic Barriers

17 flashcards

4.9.3 Political and Social Barriers

19 flashcards

4.9.4 Significance of Different Barriers to Economic Growth and/or Economic Development

18 flashcards

4.10.1 Strategies to Promote Economic Growth and Economic Development

20 flashcards

4.10.2 Strengths and Limitations of Strategies for Promoting Economic Growth and Economic Development

18 flashcards

4.10.3 Strengths and Limitations of Government Intervention Versus Market-Oriented Approaches to Achieving Economic Growth and Economic Development

19 flashcards

4.10.4 Meeting the Sustainable Development Goals

17 flashcards