hnd经济学2世界经济学及Illustrator试题 答案.docVIP

Economics2: The World Economy F86E 35 Candidate Name: REN LU Grade and Class: 2013 BA1  TOC \o 1-3 \h \z \u Introduction 2 1. Free trade 3 2. Absolute advantages and comparative advantages 3 3. The benefits of free trade 4 4. The purpose of carrying out trade protectionism 5 5．One Mechanism of the World Trade Organization 6 6. One measure of European Union promotes economic integration 8 7. Balance of payments 9 8. The general trends in UK trade over the last 30 year 10 9. The balance of payments affected by exchange rates 12 10. Advantages and disadvantages of fixed rate and floating rate 13 11. Effects of fixed rate and floating rate on individuals and company 15 12. The characteristics of the newly industrialized countries and the developing countries 16 13. The issues of the newly industrialized countries and the developing countries 17 14. The influences Multi-National Corporations bring to newly industrialized countries. 18 Conclusion 19 Reference 20 Introduction This report has introduced the world economics simply. The content includes: International trade, free trade, Protectionism, the role of WTO and under-developed nation, UK absolute and comparative advantage, the protectionism and two recent examples about demonstrate arguments which government may put forward for its use, two barriers of trade, a EU initiative about the role of the EU in promoting trade, the composition of the balance of payments, the general trends in UK trade over the last 30 years, the way which the balance of payments affected by exchange rates, an analysis of two current issues that face LDCs, and the aid of recent examples about two impacts of multinationals on NICs and LDCs. I. Free trade (1). Free trade is a type of trade policy that allows traders to act and transact without interference from government. Thus, the policy permits trading partners mutual gains from trade, with goods and services produced according to the t