Question
definitions for econ 302 globalization international trade comparative advantage absolute advantage open economy/closed economy balance of trade trade barriers trade surplus/trade deficit exports/imports trade agreements
definitions for econ 302
globalization
international trade
comparative advantage
absolute advantage
open economy/closed economy
balance of trade
trade barriers
trade surplus/trade deficit
exports/imports
trade agreements
NAFTA
European Union
trade partners -who are the US primary trade partners
outsourcing
capital inflows and outflows
arbitrage
national savings and investment identity
financial capital
current account balance
trade agreement
dollarize
foreign exchange market
foreign direct investment
portfolio investment
hedge
appreciating
depreciating
weak dollar
strong dollar
exchange rates
relative inflation
purchasing power parity
arbitrage
floating exchange rate
soft pegs
hard pegs
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