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on 04-Aug-2017 (Fri)

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Flashcard 1425548381452

Tags
#cfa-level-1 #economics #economics-in-a-global-context #los #reading-20-international-trade-and-capital-flows
Question
If there are no restrictions on trade, then members of an [...] can buy and sell goods and services at the price prevailing in the world market, the world price .
Answer
open economy

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Parent (intermediate) annotation

Open it
An open economy , is an economy that trades with other countries. If there are no restrictions on trade, then members of an open economy can buy and sell goods and services at the price prevailing in the world market, the world price .<

Original toplevel document

2.1. Basic Terminology
ods and services are produced and consumed domestically. The price of a good or service in such an economy is called its autarkic price . An autarkic economy is also known as a closed economy because it does not trade with other countries. <span>An open economy , in contrast, is an economy that trades with other countries. If there are no restrictions on trade, then members of an open economy can buy and sell goods and services at the price prevailing in the world market, the world price . An open economy can provide domestic households with a larger variety of goods and services, give domestic companies access to global markets and customers, and offer goods and services that are more competitively priced. In addition, it can offer domestic investors access to foreign capital markets, foreign assets, and greater investment opportunities. For capital intensive industries, such as automobiles and aircraft, manufacturers can take advantage of economies of scale because they have access to a much larger market. Free trade occurs when there are no government restrictions on a country’s ability to trade. Under free trade, global aggregate demand and supply determine the equilibrium quantity an







Flashcard 1621388037388

Tags
#tvm
Question
US T-bills don't bear a liquidity premium because [...] .
Answer
large amounts can be bought and sold without affecting their market price

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#duchowy #formacja #psychologia #rozwojowa #rozwój #wychowanie #wzrost
W tym rozdziale kładziemy nacisk na odpowiedzialność matki za proces nabywania przez dziecko cech i zdolności osoby dojrzałej, co przygotuje je do życia w świecie ludzi dorosłych. Dobra matka chce, by jej córka czy syn stali się równie dojrzali, jak ona sama lub inni dorośli wokół.
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Flashcard 1648800697612

Tags
#math-is-fun
Question
Si elevas un numero negativo a una potencia non que signo tiene el resultado?
Answer
Negativo.

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Flashcard 1648802532620

Tags
#math-is-fun
Question
Si elevas un numero negativo a una potencia par que signo tiene el resultado?
Answer
Positivo.

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Flashcard 1648804367628

Tags
#vocab
Question

  1. a confusing and difficult problem or question.
Answer
conundrum

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Flashcard 1648808037644

Tags
#math-is-fun
Question
A number made by squaring a whole number.
Answer
perfect square

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Flashcard 1648809872652

Tags
#math-is-fun
Question
16 is a perfect square because [...]
Answer
42 = 16

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Flashcard 1648811707660

Tags
#math-is-fun
Question
is 25 a perfect square?
Answer
yup

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