Professional A2 Macro Economics Revision Notes (Edexcel, AQA, OCR)

Jul 30th, 2016
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These revision notes have concise yet detailed overviews of all the major topics in Macro Economics at A2. This includes topics such as Globalisation, Trading, Monetary Unions (e.g. EU), Exchange Rates, FDI, Third World Development, Government Policy and the WTO. Special software has been used to make sure these notes look immaculate in terms of presentation and clarity. Everything is clearly set out under titles, and there are several case studies for each topic.

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Macro Economics Unit 4 Revision NotesWHAT ARE THE CAUSES AND EFFECTS OF GLOBALISATION? WHY DO COUNTRIES TRADE WITH EACH OTHER?WORLD TRADE ORGANISATION (WTO)TRADING BLOCSMONETARY UNIONS HOW IS INTERNATIONAL TRADE RECORDED AND FINANCED?EXCHANGE RATESFOREIGN DIRECT INVESTMENT (FDI)INTERNATIONAL COMPETITIVENESSPOVERTY AND INEQUALITYCONSTRAINTS ON GROWTH AND DEVELOPMENT MEASURES TO PROMOTE GROWTH AND DEVELOPMENTROLE OF THE STATE IN PROMOTING GROWTH AND DEVELOPMENT1WHAT ARE THE CAUSES AND EFFECTS OF GLOBALISATION? Understanding Globalisation Globalisation is the ever-increasing integration of the worlds local, regional and national economies into a single international market. A multinational corporation (MNC) is a firm which operates in different countries, but is managed and based in one host country. An example is Nike. A transnational company (TNC) operates in different countries, but differentiates its produ

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