Open economy and EU as a trading bloc

Economics
Open economy
EU as a trading bloc
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Slide 1: Slide
EconomieMiddelbare schoolvwoLeerjaar 3

This lesson contains 10 slides, with interactive quiz and text slides.

time-iconLesson duration is: 30 min

Items in this lesson

Economics
Open economy
EU as a trading bloc

Slide 1 - Slide

Slide 2 - Slide

Answer exercise 8

Slide 3 - Slide

Answer exercise 9

Slide 4 - Slide

Answer exercise 10

Slide 5 - Slide

Read
Theory on page 154

Slide 6 - Slide

Arrangements EU
  • Free movement of goods and services
  • Free movement of labour --> working in another country of the EU
  • Free movement of capital --> investing or setting up a business in another country of the EU

Slide 7 - Slide

Importduties and export subsidy

Slide 8 - Slide

Bulgary has 800 billion GDP. Export is 200 billion. Estonia has 500 billion GDP Export is 100 billion
A
Bulgary has the most open economy
B
Estonia has the most open economy
C
Bulagary's economy is just as open as Estonia
D
King toto

Slide 9 - Quiz

Bulgary is more open
Bulgary has 800 billion GDP. Export is 200 billion. Estonia has 500 billion GDP Export is 100 billion
Exportquote Bulgary: 200/800 X 100 % = 25 %

Exportquote Estonia: 100/500 X 100 % = 20 %

Slide 10 - Slide