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Econ - Choice Project

Vocabulary & Models

Alternate Keywords?

  • Global economics

Vocabulary

  • Exchange rate
  • Globalization
  • Comparative Advantage
  • Tariff
  • Import Quota
  • Balance of Payments
  • Currency appreciation  
  • Currency depreciation
  • Devaluation
  • Protectionism

Models

  • Production Possibilities Curve (specialization and trade)
  • Expanded Circular Flow Model
  • Foreign Exchange (Currency Exchange)

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