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GCSE OCR Economics
> Importance of international trade > Flashcards
Importance of international trade Flashcards
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GCSE OCR Economics
(22 decks)
Main economic groups and factors of production
The basic economic problem
The role of markets
Demand
Supply
Price
Competition
Production
The labour market
The role of money and financial markets
Economic growth
Low unemployment
Fair distribution of income
Price stability
Fiscal policy
Monetary policy
Supply-side policies
Limitation of markets
Importance of international trade
Balance of payments
Exchange rates
Globalisation
