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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

preferred to all others of same kind. 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

To study carefully to find out the meaning of.

division

/dəˈviZHən/

noun

Something that acts as a separating line or point.

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

relative. 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 give (someone) the respect due to them.

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. become or make greater in size or degree.

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. central rule or principle.

benefits

/ˈbenəfit/

noun other verb

advantage or profit gained. Good results or effects, something advantageous. profit.

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