Technik des betrieblichen Rechnungswesens at LMU München

Flashcards and summaries for Technik des betrieblichen Rechnungswesens at the LMU München

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Study with flashcards and summaries for the course Technik des betrieblichen Rechnungswesens at the LMU München

Exemplary flashcards for Technik des betrieblichen Rechnungswesens at the LMU München on StudySmarter:

Whats the Gross Domestic Product?

Exemplary flashcards for Technik des betrieblichen Rechnungswesens at the LMU München on StudySmarter:

Whats the Gross National Product?

Exemplary flashcards for Technik des betrieblichen Rechnungswesens at the LMU München on StudySmarter:

Whats the difference between GDP and GNP?

Exemplary flashcards for Technik des betrieblichen Rechnungswesens at the LMU München on StudySmarter:

What does the GDP not measure?

Exemplary flashcards for Technik des betrieblichen Rechnungswesens at the LMU München on StudySmarter:

What is International Trade?

Exemplary flashcards for Technik des betrieblichen Rechnungswesens at the LMU München on StudySmarter:

What are Exports?

Exemplary flashcards for Technik des betrieblichen Rechnungswesens at the LMU München on StudySmarter:

What are Imports?

Exemplary flashcards for Technik des betrieblichen Rechnungswesens at the LMU München on StudySmarter:

What is Globalization?

Exemplary flashcards for Technik des betrieblichen Rechnungswesens at the LMU München on StudySmarter:

What are the WTO agreements about?

Exemplary flashcards for Technik des betrieblichen Rechnungswesens at the LMU München on StudySmarter:

What are the members of Mercosur?

Exemplary flashcards for Technik des betrieblichen Rechnungswesens at the LMU München on StudySmarter:

What are the associate members of Mercosur?

Exemplary flashcards for Technik des betrieblichen Rechnungswesens at the LMU München on StudySmarter:

What are the eras of globalization?

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Exemplary flashcards for Technik des betrieblichen Rechnungswesens at the LMU München on StudySmarter:

Technik des betrieblichen Rechnungswesens

Whats the Gross Domestic Product?
the GDP is a monetary measure of the market value of all final goods and services that are produced in a defined period (quarterly or yearly)

Technik des betrieblichen Rechnungswesens

Whats the Gross National Product?
GNP is the market value of all products and services produced in one year by workers and property supplied by the residents of a country

Technik des betrieblichen Rechnungswesens

Whats the difference between GDP and GNP?
GDP defines production based on the geographical location of production
GNP allocates production based on ownership

Technik des betrieblichen Rechnungswesens

What does the GDP not measure?
Economic and social wealth.
Measurement by the OECD: Better Life Index

Technik des betrieblichen Rechnungswesens

What is International Trade?
International Trade is the exchange of goods and services across international borders.

Technik des betrieblichen Rechnungswesens

What are Exports?
Exports are goods and services produced by a firm in one country and then sent to another

Technik des betrieblichen Rechnungswesens

What are Imports?
Imports are goods and services produced in one country and bought in by another country

Technik des betrieblichen Rechnungswesens

What is Globalization?
Globalization is defined as the process of social, political, economic, cultural, and technological integration among countries around the world

Technik des betrieblichen Rechnungswesens

What are the WTO agreements about?
The WTO is “rule based” – its rules are negotiated agreements;
The agreements:
– cover goods, services and intellectual property.
– spell out the principles of liberalization, and the permitted exceptions.
– include individual countries’ commitments to lower customs tariffs and other trade barriers, and open services markets.
– set procedures for setting disputes.
– prescribe special treatment for developing countries.
– require governments to make their policies transparent.

Technik des betrieblichen Rechnungswesens

What are the members of Mercosur?
Argentina, Braziil, Paraguay, Uruguay, Venezuela

Technik des betrieblichen Rechnungswesens

What are the associate members of Mercosur?
Chile, Bolivia, Peru, Colombia, Ecuador

Technik des betrieblichen Rechnungswesens

What are the eras of globalization?
Globalization 1.0: fit of the country into global competition, interaction through the country
Globalization 2.0: fit of the company into global competition, interaction through the company
Globalization 3.0: fit of the individual into the global competition, How can I, on my own collaborate with others globally?

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