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Economics Notes

alicia.mimoso Inglés 8 fichas

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  1. 1What is the Global Economy?- The Global economy is the world economy.
    - It is the economic activity going on in the World.
    - It includes all production, trade, Financial Flows, investment, technology, labour and economic behaviour in the nations between nations.
  2. 2What is the Gross World Product?The aggregate (total) value of all goods and services produced world wide annually is measured by the Gross World Product.
  3. 3Name some trends in the Gross World ProductThe estimated total output of the world economy in 2013 was valued at over $74
    Trillion US despite a decline in Global output due to the Financial crisis, high levels of unemployment and sovereign debt problems. The Global economy is growing at 3.7% in 3014 and up to 3.9% by 2015 (IMF)
  4. 4What is GlobalisationGlobalisation is the integrations between different countries and economies and the increased impact of international influences on all aspects of life and economic activity.
  5. 5Name the indicators of Globalisation- International Trade in goods and Services
    - International Financial Flows
    - International Investment flows and transnational Corporations
    - Technology, Transport and communications
    - The movement of workers between countries (Migration)
  6. 6Identify some trends for financialSignificant growth since deregulation of global financial markets e.g. Australia in
    the 1980’s opened the economy to international banks and floated the Australian dollar.
  7. 7Identify trends for Transnational CorporationsTransnational corporations had a revenue of $31.1 Trillion U.S. in 2013. This
    presents an increase of 2.5% of the last few years.
  8. 8—

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Fichas sobre Economics Notes, creado por alicia.mimoso el 17/07/2015.
Creado por
alicia.mimoso · jul 2015
Actualizado
29 abr 2016
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