Exports Study guides, Class notes & Summaries

Econ 104, Goffe, PSU 2024 Exam Graded A+ | Verified & Updated GDP -Answer-the market value of all FINAL goods and services produced in a country during a period of time. GDP equation -Answer-GDP(Y)=C (consumption) + I (investments) +G (gov purchases) +NX (net exports) Consumption -Answer-expenditures made by households (excluding the purchase of a new house) Investment -Answer-Final goods and services purchased by business firms (equipment for production and new buildings), changes in i...

his question is based on the following diagram of an IS-LM model for an open economy A decrease in government spending causes ... A. a decrease in the demand for goods and the level of output; a decrease in the demand for money and the interest rate; a depreciation of the domestic currency and the trade balance deteriorates as exports increases. B. a decrease in the demand for goods and the level of output; a decrease in the demand for money and the interest rate; a depreciation of the dom...

CUSECO |Certified US Export Compliance Officer Exam Prep (New 2023/ 2024 Update) Questions and Verified Answers| 100% Correct| Grade A QUESTION Technical data, including classified information, related to .45 caliber firearms, and ammunition for such weapons, except detailed design, development, production, or manufacturing information: Answer: is exempt from ITAR requirements of part 125 QUESTION A person who wishes to act as an agent for others in negotiating or...

Globalization 3.0 - Answer-"The Age of Pax Americana" 1945-where we are now Technology has drastically changed, we are living in the age of the internet, information easily accessible Acceleration of travel and tourism Individuals now have the power in their hands that only corporations had access to previously "It became a flat world" Globalization 2.0 - Answer-Spans from 1800-WWII "The Age of Pax Britannica" The world is further changing and becoming more interconnec...

GDP is - value of all final goods and services produced within a country in a given period of time. Y = C + I + G + NX - Y = economy's total expenditure C = consumption in economy I = imports in economy G = government spending NX = net exports Net exports equal - exports minus imports CPI is used to - monitor changes in the cost of living over time Inflation rate - percentage change in the price level from the previous period Indexation refers to - using a law or contract to automatica...

AQA A-level ECONOMICS 7136/2 Paper 2 National and International Economy Version: 1.0 Final IB/G/Jun23/E6 7136/2 Monday 22 May 2023 Afternoon Time allowed: 2 hours Materials For this paper you must have: • an AQA 12-page answer book • a calculator. Instructions • Use black ink or black ball-point pen. Pencil should only be used for drawing. • Write the information required on the front cover of your answer book. The Paper Reference is 7136/2. • In Section A, answer EIT...

ECOW correct answers Economic data watch: finds most important data by country Essential economic indicators correct answers Economic growth Inflation Unemployment Business confidence Housing Economic growth: gdp correct answers Market value of all final goods and services produced in a country Broadest and most comprehensive barometer of economic activity GDP = C + I + G + (X-M) correct answers C= personal consumption (food) I= private investment (a factory) G=government consu...

International Business - ANSWER-is any commercial transaction that crosses the borders of two or more nations Imports - ANSWER-Goods and services that are purchased abroad and brought into a country Exports - ANSWER-Goods and services sold abroad and sent out of a country Key Players - ANSWER-Large companies from the wealthiest nations Firms from emerging markets Small and medium sized companies Multinational corporations (MNCs) Born global firms Gross Domestic Product (G...

The term "emerging economies" has replaced the term _____. - Correct answerDeveloping countries The gross domestic product plus the income from non-resident sources abroad gives the ____. - Correct answer-gross national product More than 25% of global GDP comes from _____. - Correct answer-BRICS countries Viewing the global economy as a pyramid, the Triad refers to _____. - Correct answerNorth America, Western Europe, and Japan People who earn _____ a year comprise the base of the global ...

ECS1601 ASSESSMENT 3 2023 SEMESTER 2 QUESTIONS AND ANSWERS FOR DISTINCTION