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The Big Ideas of Trade

111,344 views

Marginal Revolution University

Video Language:

  • English

Caption Language:

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

Accent:

  • English (US)

Speech Time:

94%
  • 7:36 / 8:01

Speech Rate:

  • 159 wpm - Fast

Category:

  • Education

Tags :

Intro:

Video Vocabulary

favorite

/ˈfāv(ə)rət/

adjective noun verb

Best liked or most enjoyed. A thing that someone likes best or enjoys most. record address of website or other data.

economics

/ˌekəˈnämiks/

noun other

branch of knowledge concerned with production, consumption. Studies of trade, industry and money.

analyze

/ˈanlˌīz/

verb

examine methodically.

division

/dəˈviZHən/

noun

How many times a number is contained in another.

preferences

/ˈpref(ə)rəns/

noun other

greater liking for one alternative over another. Somethings that are liked/wanted more than another.

comparative

/kəmˈperədiv/

adjective noun

Expressing a difference in degree. comparative adjective or adverb.

advantages

/ədˈvan(t)ij/

noun other verb

favourable condition/circumstance. Things that are making the chance of success higher. put in favourable position.

according

/əˈkôrdiNG/

adverb verb

as stated by. To be in harmony or agreement; consent.

subsequent

/ˈsəbsəkwənt/

adjective

Happening after; later.

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.

increases
noun other verb

rise in size, amount, or degree of something. Amount something grows by. To make or become larger in size or amount.

reasons

/ˈrēzən/

noun other verb

cause, explanation, or justification for action or event. Explanations for why some things occurred or was done. think, understand, and form judgements logically.

productivity

/ˌprōˌdəkˈtivədē/

noun

Rate at which people or machines produce.

fundamental

/ˌfəndəˈmen(t)əl/

adjective noun

forming base or core. (Music) the lowest note in a harmony.

benefits

/ˈbenəfit/

noun other verb

advantage or profit gained. Good results or effects, something advantageous. To have a good effect or be helpful.

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