Unit #5: Economic Growth and International Trade
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| show | the improvement in labor created by the education and knowledge of members of the workforce
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| physical capital | show 🗑
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| depreciation | show 🗑
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| show | when a currency becomes less valuable with other currencies
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| Balance of payments | show 🗑
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| show | records a nation's exports and imports of goods and services (includes net investments income and transfers)
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| show | records difference between a country's sale of assets to foreigners and its purchase of assets from foreigners
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| Exchange Rate | show 🗑
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| comparative advantage | show 🗑
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| absolute advantage | show 🗑
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| devaluation | show 🗑
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| show | an increase in the value of a currency thats set under a fixed exchange rate regime
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| show | (or productivity) output per worker
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| show | roads, power lines, ports, information networks, and other underpinnings for economic activity
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| show | The price of a good or service (the amount of one good or service which must be given up to obtain one unit of another good or service)
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| FOREX (Foreign Exchange Market) | show 🗑
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| show | Supply- prices/availability, # of sellers, gov action, tech, opport. cost of alternative production, expect of future profit. Demand- taste/preference, # of consumers, prices of related goods, income Growth- physical & human capital, & technology
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
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To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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aly01
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