A2 Economics Unit 4 (Edexcel GCE 2008)

Causes of Globalisation

Effects of Globalisation

Patterns of Trade

Specialisation and comparative advantage

World Trade Organisation (WTO)

Restrictions on free trade

Protectionism

Balance of Payments

Current account deficits and surplus

Exchange Rates : Influences and changes

Monetary Union

Competitiveness : measures and competitiveness

Government Policy

Poverty and Inequality in developed and Developing countries

Limits to growth and development

Macroeconomic Policies

Public expenditure

Taxation, Public sector Borrowing and Debt

Ways of Promoting growth and development