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(ɪkɒnəmi ) countable noun B2. An economy is the system according to which the money, industry, and trade of a country or region are organized. Collins COBUILD Advanced Learner’s Dictionary. Copyright © HarperCollins Publishers. Definition of 'national' national. (næʃənəl ) adjective [usually ADJECTIVE noun] A2.
- American
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- National Dress
The traditional clothing of a country.... Click for English...
- Domestic Economy
DOMESTIC ECONOMY definition | Meaning, pronunciation,...
- American
National economics refers to branch of economics that studies the behaviour and performance of overall economy. It is one which conducts study with regard to economic activities comprising of economic issues and economic problems from a wider perspective.
A national economy is the production, distribution and trade, consumption of goods and services by different agents of a nation. The national economy in a global context is primarily about macroeconomics. But microeconomic principles do influence the behaviour of the macroeconomy.
4 Αυγ 2015 · A national economy refers to the economy of an entire country. The national economy includes financial resources and management. It encompasses the value of all goods and services manufactured within a nation.
5 Μαΐ 2019 · Much of what we study in economics has to do with money and the markets. What are people willing to pay for something? Is one industry doing better than another? What is the economic future of the country or world? These are important questions economists examine and it comes with a few basic terms.
A concept that helps to explain international trade. If country A is better at making toasters than country B, and B is better at making kettles than A, it makes sense for each country to...
In economic growth …the process by which a nation’s wealth increases over time. Although the term is often used in discussions of short-term economic performance, in the context of economic theory it generally refers to an increase in wealth over an extended period.
