# Ch6 - Section1 : Crossing borders

CHAPTER 6
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Slide 1: Tekstslide
EconomieMiddelbare schoolhavoLeerjaar 3

In deze les zitten 16 slides, met interactieve quizzen en tekstslides.

Lesduur is: 45 min

## Onderdelen in deze les

CHAPTER 6

#### Slide 1 -Tekstslide

Polish people working in the Netherlands is an advantage for both Polish people and Dutch people
😒🙁😐🙂😃

#### Slide 2 -Poll

Name an advantage for Polish people for working in the Netherlands

#### Slide 3 -Open vraag

Name an advantage for the Netherlands when Polish people are working here

#### Slide 4 -Open vraag

Name a disadvantage for Dutch people when Polish people are working here

#### Slide 5 -Open vraag

Export and import
Export:
Products/services from the
Netherlands to other countries

Import:
Products/services from other
countries come to the Netherlands

#### Slide 6 -Tekstslide

1. Employment and income in the Netherlands
2. Export provides foreign currency, can use these for import

#### Slide 7 -Tekstslide

Because of import, we can enjoy products we normally would not have in the Netherlands or which are too expensive to produce here

#### Slide 8 -Tekstslide

Open economy
The value of all products products and services produced in a country in a year is called: gross domestic product (GDP)

The Netherlands is very dependent on trade with foreign countries, we have an open economy

#### Slide 9 -Tekstslide

Export and import ratio
We can calculate how much of our GDP is coming from export of import, we use the export or import ratio

export ratio = value of export / GDP x 100%

import ratio = value of imports / GDP x 100%

#### Slide 10 -Tekstslide

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

#### Slide 11 -Quizvraag

The Netherlands has a GDP of 740 billion. The total imports are 380 billion. The total export is 460 billion. Calculate the import ratio AND the export ratio.

#### Slide 12 -Open vraag

European Union
There are a couple of arrangement:
• Free movement of products and services
• Free movement of labour and capital (think of: working in another country or saving money on a bank in Spain)

The countries from the EU form one large internal market

#### Slide 13 -Tekstslide

Importduties and export subsidies

#### Slide 14 -Tekstslide

European Union
The EU charges import duties to raise the price of cheap products from outside the EU
Protectionism: protection of the nation economy against foreign competitors
Subsidies make our products cheaper

#### Slide 15 -Tekstslide

Homework
Exercises of section 1