Firstly the Egyptian economy enjoys a floating exchange rate, which mean that the value of the currency is determined by the demand …
Tag: ibdp economics
Introduction to Macroeconomics
Suitable for : Cambridge AS Economics , IBDP SL Economics , IBDP HL Economics , Edexcel IAL Economics Unit 2 Macroeconomics : …
IBDP Economics Glossary
Absolute advantageA country is said to have an absolute advantage in the production of a good if it can produce more of …