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    Modjtahedi,Bagher, SCOTTCARRELL, B.Modjtahedi, BAGHER, Carol, Staff, modjhatedi, BagherModjtahedi, E.Frenkel, PARMAN, Chi-HungLiao, ATHANASIOSGEROMICHALOS, Bergin, BONANNO, MartineQuinzii, ChristophyerMeissner, Unkown, WILSON, JanineWilson, Boucher,S, Bonnano, DavidRapson, Cameron, Ann Stevens, MartineQuinzzi, SALYER, RoseHeather, MUEHLEGGER, Giovanni Peri, sansani, Carrell, hong ma, P.Bergin, Inna, INA, Janine Wilson, AnnStevens, BURKHARDSCHIPPER, Chandrasekher
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ECN Documents

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ECN Flashcards

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  • 27 terms

    Term:

    scarcity

    Definition:

    a society has limited resources and unlimited wants

    • Economics 1B- Chapter 1 (10 Principles of Economics) Terms
    • 27 terms
    • Vocabulary for Economics 1B- Chapter 1 (10 Principles of Economics) Terms. Find, create, and access Economics, flashcards with Course Hero.
  • 12 terms

    Term:

    Trade Policy

    Definition:

    A government action meant to influence the amount of international trade

    • ECN 162 CH8/11
    • 12 terms
    • Vocabulary for ECN 162 CH8/11. Find, create, and access flashcards with Course Hero.
  • 7 terms

    Term:

    Intra-Industry​ Trade

    Definition:

    tells us what proportion of trade in each product involves both imports and exports - a high index (up to 100%) indicates that an equal amount of good is imported and exported - a low index (0%) indicates that the good is either imported or exported but not both

    • ECN 162 CH6
    • 7 terms
    • Vocabulary for ECN 162 CH6. Find, create, and access flashcards with Course Hero.
  • 7 terms

    Term:

    Tariffs and quotas tend to be similar in their domestic welfare effects

    Definition:

    if quota licenses are auctioned. if quotas licenses are given to domestic firms

    • Midterm #2
    • 7 terms
    • Vocabulary for Midterm #2. Find, create, and access flashcards with Course Hero.
  • 5 terms

    Term:

    Demand

    Definition:

    Insert definition for demand

    • ECN 100
    • 5 terms
    • Vocabulary for ECN 100. Find, create, and access Economics, flashcards with Course Hero.

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