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The global economy

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The global economy (complete set of notes) - Year 12 Higher school Economics 2009

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6 Pages Partial Study Notes > 2 Years old
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The global economy
Topics this document covers:
Technology Economics Macroeconomics Exchange rate Globalization International trade International economics Economic indicators Export Foreign exchange market Economic growth International monetary systems
This is a Partial Set of Study Notes

Partial Study Notes typically cover only single topics of a unit of study or do not cover multiple topics in significant detail. They are generally less than 20 pages in length.

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Topics this document covers:
Technology Economics Macroeconomics Exchange rate Globalization International trade International economics Economic indicators Export Foreign exchange market Economic growth International monetary systems
Sample Text:
• As a result of the global economy, changes to one economy can have effects on others, e.g. GFC. Gross world product (GWP), Refers to the sum of total output of G/S by all economies in the world over a period of time. Globalisation Refers to the process of increased integration between different countries and economies and the increased impact of international influences on all aspects of life and economic activity. As a result of globalisation, stronger links have been formed between individual economies thus fuelling the strength of the global economy. Additionally, the strength of these links has led to many nations in the world developing stronger economics, with some nation’s international trade contributing to more than half their GDP. To measure these links, four major indicators are used: • • • • In...
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