🏷️ LIMITED TIME OFFER: GET 20% OFF GRADE+ YEARLY SUBSCRIPTION →
Log in
HomeClass Notes1,200,000CA670,000

MGTA01H3 Lecture 6: Lecture 6 - International Business

61 views6 pages
School
UTSC
Department
Management (MGT)
Course
MGTA01H3
Professor
Chris Bovaird

For unlimited access to Class Notes, a Class+ subscription is required.

noahrosa0429 and 39878 others unlocked
MGTA01H3 Full Course Notes
14
MGTA01H3 Full Course Notes
Verified Note
14 documents

Document Summary

Lecture 6 chapter 2: basic measures of economics performance. gdp, gdp growth, gdp/capita, productivity, unemploy ment. gdp is the dollar value of all the goods and services produced in the course of one year in a country. us produces about 11-12 times more products than us. canada had huge policy changes + mass globalization + opened to the world (export) divide total gdp with the population to get gdp per capita. doesn"t say if everyone is healthy, but if its relatively healthy or relatively poor. canada is in the top 20 of the world. canada"s gdp is less than the us, us is a little bit richer on average than canada. us is 20% more wealthier than us because of productivity, make more. can make more stuff if you have access to lots of and good quality factors of production.

Get access

Grade+20% off
$8 USD/m$10 USD/m
Billed $96 USD annually
Grade+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
40 Verified Answers
Class+
$8 USD/m
Billed $96 USD annually
Class+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
30 Verified Answers

Related Documents

MGTA01H3 Lecture Notes - Lecture 4: Underemployment
tealchimpanzee805
MGTA01H3 Chapter Notes - Chapter 2: Sneakers, Purchasing Power Parity, Deflation
ambercicada692
MGTA01H3 Lecture 6: Lecture 6
violetcamel859

Related Questions

32) Which of the following best describes the term gross domestic product? a) total value of all goods and services produced within a given period by a national economy through domestic factors of production total quantity of goods and services produced by an economic system conditions of the economic system in which an organization operates total quantity and quality of goods and services that a country's citizens can purchase with the currency used in their economic system total value of all goods and services produced by a national economy within a given period regardless of where the factors of production are located

36) Which of the following best describes the term standard of living? a) total quantity and quality of goods and services that a country's citizens can purchase with the currency used in their economic system total quantity of goods and services produced by an economic system the overall quality of life produced by an economic system total value of all goods and services produced by a national economy within a given period, regardless of where the factors of production are located

11) Which of the following best describes the term standard of living? total quantity and quality of goods and services that a country's citizens can purchase with the currency used in their economic system total quantity of goods and services produced by an economic system the overall quality of life produced by an economic system total value of all goods and services produced by a national economy within a given period, regardless of where the factors of production are located