IB Economics HL Paper 2 – Definition Glossary 단어장
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이 문서는 IB Economics HL Paper 2 시험에 대비해 만들었던 문서입니다. 그동안 Paper 2 에서 Definition 문제로 자주 출제되었던 중요한 용어들을 모두 모아놓은 Definition 단어장입니다. 시험 전 많은 도움이 될테니 참고 바랍니다.
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IB Economics HL Paper 2 Definitions
Inflationary Gap – the economy is at a level of output that is greater than the full employment level of output
Financial account – Net change in foreign ownership of domestic financial assets
Investment – expenditure by firms on capital
Comparative Advantage – Country is said to have comparative advantage when it can produce a product at a lower opportunity cost than another country
GDP – total value of all goods and services produced in an economy in a given time period
Main function of IMF – Ensure stability of international monetary system / promote international monetary cooperation
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IB Economics HL Paper 2 – Definition Glossary 단어장
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