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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

Thing making the chance of success higher. put in favourable position.

posting

/ˈpōstiNG/

noun verb

Job or position within an organization or company. 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

global computer network providing information and communication facilities.

company

/ˈkəmp(ə)nē/

noun verb

Being with another person rather than alone. associate with.

contribution

/ˌkäntrəˈbyo͞oSH(ə)n/

noun

Article published in magazine or newspaper.

comparative

/kəmˈperədiv/

adjective noun

relative. 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 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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