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Economics: Difference between revisions
→Week 36 - Classical trade theories: sourcing definition of w:Income distribution + adding w:Exhange rates
(→Week 36 - Classical trade theories: sourcing definition of w:International trade from the Wikipedia) |
(→Week 36 - Classical trade theories: sourcing definition of w:Income distribution + adding w:Exhange rates) |
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* '''[[w:International trade|International trade]]''' is the exchange of [[w:Capital (economics)|capital]], [[w:good (economics)|goods]], and [[w:Service (economics)|services]] across [[w:international borders|international borders]] or territories ( Wikipedia ) | * '''[[w:International trade|International trade]]''' is the exchange of [[w:Capital (economics)|capital]], [[w:good (economics)|goods]], and [[w:Service (economics)|services]] across [[w:international borders|international borders]] or territories ( Wikipedia ) | ||
* [[w:History of international trade]]''' | * '''[[w:History of international trade]]''' | ||
* '''[[w:Income distribution|Income distribution]]''' is how a nation’s total [[w:GDP|GDP]] is distributed amongst its population. Income and distribution has always been a central concern of economic theory and economic policy. Classical economists such as [[w:Adam Smith]], [[w:Thomas Malthus]] and [[w:David Ricardo]] were mainly concerned with [[w:factor income distribution]], that is, the [[w:Distribution (economics)|distribution]] of [[w:income]] between the main [[w:factors of production]], land, [[w:Labour economics|labour]] and [[w:Capital (economics)|capital]]. ( Wikipedia ) | |||
* '''[[w:Exchange rate]]s''' | |||
== Week 37 - Modern trade theories, trade policy == | == Week 37 - Modern trade theories, trade policy == | ||