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    SCOTTCARRELL, B.Modjtahedi, BAGHER, Carol, Staff, modjhatedi, BagherModjtahedi, E.Frenkel, PARMAN, Chi-HungLiao, ATHANASIOSGEROMICHALOS, Bergin, MartineQuinzii, Unkown, Meissner, WILSON, JanineWilson, Kajal Gulati, Boucher,S, Bonnano, Rapson,David, JanineL.F.Wilson, EmanuelFrenkel, ErickEschker, SALYER, RoseHeather, MUEHLEGGER, Giovanni Peri, sansani, Carrell, P.Bergin, Inna, INA, AnnStevens, BURKHARDSCHIPPER, MOJAVER
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ECN Documents

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  • 27 terms

    Term:

    scarcity

    Definition:

    a society has limited resources and unlimited wantsdefinition

    • 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 tradedefinition

    • 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 bothdefinition

    • 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 firmsdefinition

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

    Term:

    Demand

    Definition:

    Insert definition for demanddefinition

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

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