International trade revision
The “Prezi” that we used for the international trade section of the syllabus is included below. It only covers the standard level …
Terms of trade
One of the topics that comes up regularly, especially in essays, is terms of trade. Although many people find this a confusing …
The state of the Chinese economy or the Chinese state economy.
There have been a number of articles in the news recently about what is happening in the Chinese economy relating to the …
Economic terms
In Economics there are many terms which you need to learn, understand and be able to define. In our classroom there are …
The luckiest nut in the world
This video is a good explanation of the potential impacts of trade upon the developing world and the policies of organisations such …
Chinese balance of payments surplus with US
The Chinese have a fixed currency that the US feels is undervalued and is therefore resulting in the US running a large …
China becomes the world’s largest exporter
In the International economics section of the syllabus, it is important to distinguish between the volume and value of trade, and also …
Venezuela devalues the Bolivar
This is a very good article about currency devaluation, where Venezuela operates a different system to most countries with 2 exchange rates …