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Swaps and The Law of Comparative Advantage - How to do the comparative advantage swap calculation.

3,148 views

Patrick Boyle

Video Language:

  • English

Caption Language:

  • {{captionLanguage | language_name}} ({{captionLanguage}})

Accent:

  • English (US)

Speech Time:

100%
  • 15:01 / 15:01

Speech Rate:

  • 162 wpm - Fast

Category:

  • Education

Tags :

Intro:

Video Vocabulary

students

/ˈst(y)o͞odnt/

noun other

person who is studying at university or other place of higher education. People studying at school.

macroeconomics

/ˈmakrōˌekəˈnämiks/

noun other

branch of economics concerned with large-scale or general economic factors. Large economic systems extending over region.

workers

/ˈwərkər/

noun other

person who does specified type of work. People who works.

country

/ˈkəntrē/

noun

Open land that is away from towns and cities.

advantage

/ədˈvan(t)ij/

noun verb

favourable condition/circumstance. put in favourable position.

posting

/ˈpōstiNG/

noun verb

appointment to job. To share a message on an internet discussion group.

borrowing

/ˈbärōiNG/

noun verb

action of borrowing something. To carry one number to another column when adding.

financial

/fəˈnan(t)SHəl/

adjective noun

Involving money. organization's finances.

internet

/ˈin(t)ərˌnet/

noun

Worldwide computer network system.

company

/ˈkəmp(ə)nē/

noun verb

Being with another person rather than alone. associate with.

contribution

/ˌkäntrəˈbyo͞oSH(ə)n/

noun

Regular payments to the government for a pension.

comparative

/kəmˈperədiv/

adjective noun

Expressing a difference in degree. comparative adjective or adverb.

opposite

/ˈäpəzət/

adjective adverb noun preposition

situated on other or further side. in opposite position. Person, thing that is totally different to another. facing.

interested

/ˈintrəstəd/

adjective verb

showing curiosity or concern about something or someone. To persuade to do, become involved with something.

through

/THro͞o/

adjective adverb preposition

From one end or side of something to the other. expressing movement into one side and out of other side of opening etc.. moving in one side and out of other side of.

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