Economics 2: The World Economy
奔流不息的意思
Unit Title: | candidate’s asssment record |
宝宝便便有血丝Unit Code: | F86E 35 |
Candidate Name: | |
Candidate ID: | |
Word Count: | |
Submission Date: | 21st December, 2016 |
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Declaration of Authenticity
Declaration and Statement of Authorship
●I have not impersonated, or allowed mylf to be impersonated by any person for the purpos of this asssment.
●This asssment is my original work and no part of it has been copied from any other source except where due acknowledgement is made.
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I understand that:
●Plagiarism is the prentation of another person's work as though it is your own. It is a f
orm of cheating and is a very rious academic offence. Plagiarid material can be drawn from, and prented in, written, graphic and visual form, including electronic data and oral prentations. Plagiarism occurs when the origin of the material ud is not appropriately cited.
●赤豆糊的做法Plagiarism includes the act of assisting or allowing another person to plagiari or to copy my work.
I agree and acknowledge that:
●I have read and understood the Declaration and Statement of Authorship above.
同一个梦●If I do not agree to the Declaration and Statement of Authorship in this context, the asssment outcome may not be valid for asssment purpos and may not be included in my aggregate score for this unit.
Signature爱岗: ______________________________ Date: ____________________金丝熊吃什么
Table of Contents
1.5the role of the World Trade Organisation in the development of free trade ------------------6
1.6 the role of one trading bloc from EU, NAFTA of ASEAN----------------------------------------7
2.3 the relationship between exchange rates and the balance of payments account-------9
1 international trade and the role of trade organizations
1.1 free trade including the theory of absolute and comparative advantage
王者荣耀有挂吗Absolute advantage theory：International trade is caud by the relative price difference between countries, which is mainly caud by the difference of national technical level. The only work is a factor of production situation, reflect the differences of technical level for differences in labor productivity, the theory of absolute advantage caud by the international trade is the absolute difference between country and country labor productivi
ty. International trade on the basis of absolute advantage can benefit trade partners from trade.
Relative superiority：The international trade is caud by the relative difference of the commodity price brought by the difference of the technical level between countries, but the difference of the technical level is the relative difference of the labor productivity, but not the absolute difference.
饮料的英文
1.2 three gains from international trade
To begin with, the international trade could increa world out-put. The tendency of globalization brings the firms more opportunities to gain the labor, resources, contracts and new technology. The supply and demand will be improved with the improvement of company’s productivity. Once the supply has been improved, the goods and rvices were produced at lower cost and there are more and more competitions, the price of the product might fall which means consumers could get more choices and cheaper goods. In addition, the most important gaining of international trade is it can generate economic growth. Free trade could increa sales, profit margins, and market shares and the both demand and supply level has updated. Meanwhile, the producer needs more resources, labor and capital to produce more to satisfy the global market. It direct result in improving the material market, finance market, and may decline the unemployment rate.
