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Comparative and Absolute Advantage Explained | Economic Concepts Explained | Think Econ

613 views

Intro:

Video Vocabulary

/iɡˈzampəl/

noun verb

Thing, person which represents a category. be illustrated or exemplified.

/klō(T͟H)z/

noun verb

The things you wear on your body e.g. shirt. To put a certain type of clothing on someone; dress.

/ˌäpərˈt(y)o͞onədē/

noun

time or set of circumstances that makes it possible to do something.

/kəmˈper/

verb

To consider how similar and different things are.

/rəˈkwest/

noun verb

Thing that has been asked for. To ask for, usually politely and formally.

/ˈ(h)weT͟Hər/

conjunction

expressing doubt or choice between alternatives.

/ˌkämbəˈnāSH(ə)n/

noun

Act or result of mixing things together.

/ˈkänˌsept/

noun other

abstract idea. Abstract ideas of some things or how it works.

/kənˈso͞om/

verb

To take all your energy; focus the attention.

welcome - welcome

/ˈwelkəm/

adjective exclamation noun verb

Being what was wanted or needed. used to greet someone in polite or friendly way. instance or manner of greeting someone. greet someone arriving in polite or friendly way.

/ˈkəntrē/

noun other

particular land with own government. Areas of land that is controlled by a government.

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