Types of Trading Blocs A trading bloc is a group of countries who come together & agree to reduce or eliminate any barriers to trade that exist between them There are different levels of econom...
The Terms of Trade Terms of trade refer to the ratio of a country’s average price of exports to the country’s average price of imports The relative price of imports & exports can have a direct ...
Factors Influencing the Pattern of Trade Numerous factors influence the pattern of trade between countries Patterns of trade can change significantly over time e.g. up to the 1980s the UK traded pr...
Absolute & Comparative Advantage International trade decreases prices & increases the variety of goods/services available to a nation This results in a higher standard of living Comparative...
Characteristics of Globalisation Globalisation is the economic integration of different countries through increasing freedoms in the cross-border movement of people, goods/services, technology &...
《纽约时报》 New York Times（NYT）是美国最大的本地都市报，也是美国三大报纸之一。纽约时报系列写作比赛是《纽约时报》举办的，全年滚动开展。如果学生投稿文章，能够得到评委的青睐乃至获奖，登上该报刊，无...
课外活动一直是美国大学非常看中的一个部分，除标化之外，如何更好、更全面的规划自己的课外活动，在有限的时间内发挥出更大的价值并拥有自己的核心竞争力，是所有留学生对于申请美国大学非常关心的话题。留学申...
The Impact of Government Intervention The Desired Outcomes Of Government Intervention Prices Profit Efficiency Affordable & stable prices Permitting enough to keep firms in the industry (normal...
Intervention to Control Mergers The Competition & Markets Authority (CMA) is the UK Government regulator tasked with ensuring that the creation of monopoly power is avoided & that consumers...
Diagrammatic Analysis of the Labour Market Labour market equilibrium occurs where the demand for labour (DL) is equal to the supply of labour (SL) The DL is the demand by firms for workers The SL i...
Factors Influencing the Supply of Labour There are numerous factors that influence the amount of labour supplied to a particular industry Different factors are present in different markets e.g. in ...
Factors That Influence The Demand for Labour The labour market is composed of sellers of labour (households) & buyers of labour (firms) Workers supply their labour & firms demand labour The...
