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Class notes
International Economy Final Study Guide
International Economy Final Study Guide - NOTES
Exam (elaborations)
International Economy Final Sample
PopularInternational Economy Final Sample
Exam (elaborations)
Globalisation and the International Economy Questions with 100% Correct Solutions Latest
globalisation - ANSWER the integration or interconnectedness of national economies through 
trade of goods and services, capital flows (consisting of foreign direct investments and hot 
money), and labour migration 
impacts of globalisation - ANSWER 1. increased and freer trade in goods and services 
2. increased flow of capital 
3. increased flow of labours
Exam (elaborations)
Macro Summary - Globalisation & The International Economy Questions with 100% Correct Solutions Latest
define Globalisation - ANSWER the process through which national economies, societies and 
cultures are becoming increasingly interconnected through global networks of trade, 
communication, transportation and immigration 
where are levels of globalisation the highest - ANSWER between core countries, as a result of 
them having sorted out major domestic problems, giving them spare capacity to look to solve 
international issues
Exam (elaborations)
International Economy Questions with 100% Correct Solutions Latest
People specialize and trade 
A.) Because most people are not self sufficient 
B.) Because each person can consume more than they produce by specializing and trading 
C.) Because most people are good at producing only one thing - ANSWER B.) Because each 
person can consume more than they produce by specializing and trading 
In the Island of Pretend, Wendy only bakes bread, John only picks berries, and Peter only feeds 
the chickens. At the end of the day they satisfy their needs by trading among ...
Exam (elaborations)
International Economy Midterm #2 Practice Questions
International Economy Midterm #2 Practice Questions
Class notes
International Economy Midterm #2 Study Guide
International Economy Midterm #1 Study Guide - NOTES
Exam (elaborations)
International Economy Midterm #1 Practice Questions
International Economy Midterm #1 Practice Questions
Class notes
International Economy Midterm #1 Study Guide
International Economy Midterm #1 Study Guide - NOTES
Exam (elaborations)
International Economy
International Economy