Assessing a Country as a Market (Edexcel A-Level Business): Flashcards
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Practise the cards
10 cards from this deck
Disposable income definition
Disposable income definition
Money after tax/deductions for consumption or saving
5 factors for assessing a country as a market
5 factors for assessing a country as a market
Income, ease of business, infrastructure, politics, exchange
Exchange rate definition
Exchange rate definition
Price of one currency measured in another currency
Currency appreciation meaning
Currency appreciation meaning
Currency rises in value against other currencies
Currency depreciation meaning
Currency depreciation meaning
Currency falls in value against other currencies
Infrastructure in business context
Infrastructure in business context
Physical systems & facilities needed for business operations
Political stability definition
Political stability definition
Calm political climate minimising uncertainty for businesses
World Bank ease of business: higher ranking means?
World Bank ease of business: higher ranking means?
Easier business environment (1-189 scale)
Pound appreciation effect on UK exports
Pound appreciation effect on UK exports
British goods more expensive for foreign customers
2 methods to manage exchange rate risk
2 methods to manage exchange rate risk
Insurance and hedging