Economics

Which one of the following items would NOT appear in the financial account of the balance of payments?

Started by fnuegbu

Which one of the following would appear as a debit item in the UK balance of payments?

Started by maegan_martin

Which one of the following would appear as a credit item in the UK balance of payments?

Started by Mr. Wonderful

Which of the following would be a credit item in the UK balance of payments?

Started by kshipps

Any transaction that brings in foreign exchange for a country is a

Started by kfurse

Name as many of the EU member states as you can.

Started by brutforce

Why may a single market cause adverse regional effects?

Started by Bob-Dole

What are some of the longer-term advantages of a customs union?

Started by chads108

Explain the meaning of 'trade creation' that occurs under a customs union.

Started by Caiter2013

Distinguish between the following three types of preferential trading arrangements: a free trade ...

Started by dollx

Discuss some of the possible drawbacks from protectionism.

Started by oliviahorn72

Explain three of the arguments that are made to justify trade barriers such as tariffs and quotas.

Started by fbq8i

Comparative advantage is not the only reason why countries trade. Explain two other reasons why ...

Started by tiara099

How do the terms of trade facilitate the realisation of the gains from specialisation and ...

Started by EAugust

Distinguish between the concepts of comparative advantage and absolute advantage.

Started by Garrulous

Before the referendum on continuing EU membership, the majority of economists argued that the ...

Started by sjones

The entry of new countries in 2004, 2007 and 2013 should allow more potential gains from the ...

Started by fbq8i

An adverse effect of a state entering a common market is the potential for increased regional disparities.

Started by geoffrey

When customs unions are set up there is trade creation which is harmful and trade diversion which is ...

Started by Pea0909berry

Dumping is where exports are sold at prices below marginal cost.

Started by imowrer

The infant industry argument for protection is abused, but it is valid. In some cases new industries ...

Started by ssal

A free trade area is where countries have no tariffs or quotas between themselves and have common ...

Started by nevelica

If two countries, A and B, can produce the following amounts of two goods X and Y for a given amount ...

Started by Jipu 123

If two countries, A and B, can produce the following amounts of two goods X and Y for a given amount ...

Started by mydiamond

For any pair of countries, there is only a single exchange rate that can lead to both countries ...

Started by Shelles