Global economy and development
הוצג| English | משמעות |
|---|---|
| comparative advantage/kəmˈpærətɪv ədˈvæntɪdʒ/ | יתרון יחסי |
| sustainable development/səˈsteɪnəbl dɪˈveləpmənt/ | פיתוח בר-קיימה |
A decision you can investigate
- A currency depreciates, making exports cheaper for foreign buyers but imported fuel dearer at home.
- The trade balance need not improve immediately.
Build the explanation
- Trade permits specialisation by comparative advantage 比较优势. Protection changes prices, quantities and distribution.
- Development involves health, education, capabilities and sustainability as well as income; no single indicator captures all of them.
Match the terms to their precise meanings.
רמת קושי 2/5 · 140 מטבעות + בונוס קטן בהשלמה הראשונה היום
Use these definitions in the particular context of Global economy and development.
Work through the evidence
- An exporter paid 100 dollars receives 700 yuan at 7 yuan per dollar and 800 at 8. Imported dollar-priced inputs also become more expensive.
- The net gain depends on input exposure, demand responsiveness and existing contracts.
What additional fact is needed before judging the exporter's gain?
רמת קושי 1/5 · 100 מטבעות + בונוס קטן בהשלמה הראשונה היום
An exporter paid 100 dollars receives 700 yuan at 7 yuan per dollar and 800 at 8. Imported dollar-priced inputs also become more expensive. The net gain depends on input exposure, demand responsiveness and existing contracts.
Test the limits
- Exchange-rate quotations must be explicit. HL quantitative techniques and policy recommendations extend common SL analysis.
- Commentary evaluation should explain the chosen concept and article facts, not retell the article.
Which caution belongs to this particular task?
רמת קושי 1/5 · 100 מטבעות + בונוס קטן בהשלמה הראשונה היום
Exchange-rate quotations must be explicit. HL quantitative techniques and policy recommendations extend common SL analysis. Commentary evaluation should explain the chosen concept and article facts, not retell the article.
This one Global economy and development case settles the question for every setting.
רמת קושי 1/5 · 100 מטבעות + בונוס קטן בהשלמה הראשונה היום
Commentary evaluation should explain the chosen concept and article facts, not retell the article.
Apply and explain your answer
- What additional fact is needed before judging the exporter's gain?
- The cost and share of imported inputs as well as demand for its exports.
Choose the two statements supported by this lesson.
רמת קושי 2/5 · 140 מטבעות + בונוס קטן בהשלמה הראשונה היום
The concept and worked evidence support these claims; the stated limits rule out the universal shortcut.
Use the terms precisely
- comparative advantage: Production at a lower opportunity cost.
- sustainable development 可持续发展: Development that considers future needs and environmental limits.
An exporter paid 100 dollars receives 700 yuan at 7 yuan per dollar and 800 at 8. Imported dollar-priced inputs also become more expensive. The net gain depends on input exposure, demand responsiveness and existing contracts.
Exchange-rate quotations must be explicit. HL quantitative techniques and policy recommendations extend common SL analysis. Commentary evaluation should explain the chosen concept and article facts, not retell the article.
Trade permits specialisation by comparative advantage. Protection changes prices, quantities and distribution.
Write from a fifty-dollar payment
- An exporter is paid 50 dollars. The rate moves from 7 yuan per dollar to 9 yuan per dollar. The exporter also buys fuel priced in dollars.
- Calculate the yuan received at each rate, and say why the trade balance need not improve at once.
An exporter is paid 50 dollars. The rate moves from 7 yuan per dollar to 9 yuan per dollar, and the exporter also buys fuel priced in dollars. How many yuan does 50 dollars bring at each rate, and why might the trade balance not improve at once?
50 times 7 is 350, and 50 times 9 is 450. A depreciation that brings more yuan for exports also raises the yuan cost of dollar-priced inputs.
How many yuan does the exporter receive for 50 dollars at 9 yuan per dollar?
רמת קושי 1/5 · 100 מטבעות + בונוס קטן בהשלמה הראשונה היום
50 times 9 is 450. The same move raises the yuan price of fuel that is priced in dollars.