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9 Cards in this Set
- Front
- Back
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FDI |
Firm based in one country making an investment in another country. Includes foreign ownership of firms |
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Globalisation |
The increasing integration of economies internationally |
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Comparative advantage |
Where a country has a lower opportunity cost of producing a certain good than other countries |
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Foreign currency gap |
. |
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Economic Integration |
. |
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National Debt |
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Budget Deficit |
Tax revenue - Gov spending |
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Trade Union |
. |
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Austerity measures |
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