Liberalisation Study guides, Revision notes & Summaries

Notes from all GSW colleges. Notes are in English with Dutch notes. Topics: introduction, institutionalization, institutionalization, sociology, institutionalization, political science & anthropology, communication & organizational science, alternative channels of communication, alternative sources of knowledge, a polycentric world history, white dominance of science, gender in science, western dominance and orientalism, leftist science and cancel culture, impact and serendipity, neo-liberalizat...

HSC Economics Exam Questions With Answers Define globalisation The breaking down of geographical & artificial barriers over a period of time (between countries & economies) Explain/ Example: The reduction in protectionist policies e.g. tariffs, quotas and subsidies demonstrates an increased trade between nations Define, explain and give an example for the global economy Definition: consists of all production, trade & financial flows, investments, technology and economic behaviour betwee...

HSC Economics Exam Questions With Answers Define globalisation The breaking down of geographical & artificial barriers over a period of time (between countries & economies) Explain/ Example: The reduction in protectionist policies e.g. tariffs, quotas and subsidies demonstrates an increased trade between nations Define, explain and give an example for the global economy Definition: consists of all production, trade & financial flows, investments, technology and economic behaviour betwee...

ECB EXAM QUESTIONS AND ANSWERS In addition to the ECB, which organisations form part of the Eurosystem? All euro area national central banks Please choose the correct word to fill in the blank: Deflation, a steady decline in the general price level, is associated with a flagging economy. Enterprises and consumers are then likely to _____________ their expenditure on investment and consumption. Reduce The ECB's main decision-making body is? The Governing Council What currency u...

HSC Economics Exam Questions With Answers Define globalisation The breaking down of geographical & artificial barriers over a period of time (between countries & economies) Explain/ Example: The reduction in protectionist policies e.g. tariffs, quotas and subsidies demonstrates an increased trade between nations Define, explain and give an example for the global economy Definition: consists of all production, trade & financial flows, investments, technology and economic behaviour betwee...

1.The best Example of capital intensive industry in India is- (A) Textile industry (B) Steel industry (C) Tourism industry (D) Spare goods industry correct answers (B) [S.S.C (10+2) 2011] Exp: Capital intesive industry are those industries which need large amount of investment in capital i.e. large investment in machinery and infrastructure. In the above industries, steel industry is best example of capital intensive industry in India. 2.The Removal of prohibitions and hindrance by government...

These notes were prepared based on the lectures and supplemented by information from textbooks and tutorials where parts of the lecture were unclear. Graphs, equations, and bullet-point explanations included. Prepared by a first class Economics and Management student for the FHS Microeconomics paper.

UNIT 3 Economics Year 12 ATAR Questions and answers, rated A+ What are 5 linkages between economies? - -Immigration & emigration, trade, foreign investment, and tourism What are 3 international flows? - -Trade flows, financial flows, and worker flows What are 6 factors impacting international competitiveness? - -Exchange rates, world economic growth, domestic economic growth, relative inflation rate, interest rate differential, productivity What 7 things is globalisation characterised b...

What are the main characteristics of globalisation? - Answer Free movement of capital and labour across International boundaries, free trade between countries and the availability of technology and intellectual capital to be used on an international scale In the last 50 years, why has the scale and pace of globalisation increased? - Answer Trade liberalisation - removal of tariffs etc. may negotiate these with WTO. WTO raised standards on global products - to increase consumer confidence...

BRICS - Brazil, Russia, India, China & South Africa Indicators of growth - Statistics that show the extent to which a country is increasing in size Equation of GDP - National income/population Business specialisation - When businesses concentrate on producing specific goods Foreign direct investment - Investment made by a business from one country into the production of a business from another country Globalisation - The increased integration and interdependence ...

Edexcel A-level Economics Theme 4 Test with Latest Questions & Expert Answers Globalisation ANSWER Increased interdependence between countries and the rapid rate of change it brings about Factors contributing to globalisation (5) ANSWER Improvements in infrastructure (Quicker, more reliable and cheaper methods enabling production) Improvements in IT and communication (Allows global operations) Trade Liberalisation (Reduces protectionism and makes trade cheaper - specialisation) In...