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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. person or thing that is preferred to all others of same kind. 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

One part of an organization.

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

continuing or valid to final destination. From the beginning of something until the end. 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. To think and make conclusions in a logical manner.

productivity

/ˌprōˌdəkˈtivədē/

noun

property of being productive.

fundamental

/ˌfəndəˈmen(t)əl/

adjective noun

Forming a necessary part, base, or core. A basic part of something.

benefits

/ˈbenəfit/

noun other verb

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

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