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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

particular land with own government.

advantage

/ədˈvan(t)ij/

noun verb

A positive point about something. put in favourable position.

posting

/ˈpōstiNG/

noun verb

Job or position within an organization or company. To send a soldier somewhere to do a job.

borrowing

/ˈbärōiNG/

noun verb

action of borrowing something. To take and later return something from another.

financial

/fəˈnan(t)SHəl/

adjective noun

Involving money. organization's finances.

internet

/ˈin(t)ərˌnet/

noun

global computer network providing information and communication facilities.

company

/ˈkəmp(ə)nē/

noun verb

A business that sells things or provides services. 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

Being totally different from. in opposite position. opposite person or thing. Across from or on the side facing something.

interested

/ˈintrəstəd/

adjective verb

showing curiosity or concern about something or someone. To make someone want to know about something.

through

/THro͞o/

adjective adverb preposition

From one end or side of something to the other. From the beginning of something until the end. Allowing you to pass between, or to.

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