Recap test

Welcome
3 tvwo | 2020-2021


Chapter 1 & 2


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Slide 1: Tekstslide
EconomieMiddelbare schoolvwoLeerjaar 3

In deze les zitten 21 slides, met interactieve quizzen en tekstslides.

Onderdelen in deze les

Welcome
3 tvwo | 2020-2021


Chapter 1 & 2


Slide 1 - Tekstslide

Today/tomorrow
  • Information on the test
  • Recap
  • Practice questions
  • Questions?

Slide 2 - Tekstslide

Test
Friday 19th of march
60 minutes

Chapter 1: The Netherlands and the world
Chapter 2: The government around us
                       (up to and including to assignment 2.19)

Slide 3 - Tekstslide

Ch01 The Netherlands and the world
           Import                                                                      Export & re-export

Slide 4 - Tekstslide

Ch01 The Netherlands and the world
Exchange rate: price of a currency expressed in another currency

£1 = €1,16


£
1
0,86
431,03
1,16
1
500

Slide 5 - Tekstslide

Ch01 The Netherlands and the world
4 factors determining international trade:
- Natural circumstances
- Wage cost
- Infrastructure
- Historical causes

Slide 6 - Tekstslide

Ch01 The Netherlands and the world
European Union (EU): free movement of persons, goods, services and capital

Economic and Monetary Union (EMU): Introduction fo the euro
- No exchange costs.
- No exchange rate risk, so less uncertainty about the revenue of the export.

Slide 7 - Tekstslide

Ch02 The government around us

National government
Provinces & Water boards
Municipalities

Slide 8 - Tekstslide



Collective goods
Cannot be supplied to individuals
Cannot be excluded from using them

Quasi-collective goods
You can pay individually, but the government thinks in to important so the produce these goods. 


Individual goods
Can be delivered against payment of an individual price.
Ch02 The government around us

Slide 9 - Tekstslide



Civil servants
People working in the employ of the government

Semi-public servants
People that are employed by institutions that are fully funded by the government


Private sector
All companies that are not owned of funded by the government.
Ch02 The government around us

Slide 10 - Tekstslide

Ch02 The government around us
Transfer income: pay-as-you-go system
Present day
Present day

Slide 11 - Tekstslide

Ch02 The government around us
Capital funding system
Present day
You in the future

Slide 12 - Tekstslide

Ch02 The government around us
Progressive taxation system

Proportional taxation system

Degressive taxation system

Slide 13 - Tekstslide

Thomas exchanges €300 in to dollars.
The exchange rate is €1=$1,19.
timer
1:00

Slide 14 - Open vraag

Explain why historical circumstances can contributie to an international competitive advantage.
timer
1:00

Slide 15 - Open vraag





Which country has the strongest competitive advantage?
Country A
Country B
Country C
Wage cost per worker
€4,000
€12,000
€20,000
Production per worker
5 cars
16 cars
20 cars
A
Country A
B
Country B
C
Country C

Slide 16 - Quizvraag

Collective goods
Private goods

Slide 17 - Sleepvraag


A
He is a civil servant
B
He works in the private sector
C
He is a semi-public servants

Slide 18 - Quizvraag


A
He is a civil servant
B
He works in the private sector
C
He is a semi-public servants

Slide 19 - Quizvraag

AOW is funded via the
A
capital funding system
B
government that borrows money
C
pay-as-you-go system

Slide 20 - Quizvraag

A country in which the tax payers who earn more pay a relatively higher amount of tax has a
A
Degressive taxation system
B
Progressive taxation system
C
Proportional taxation system

Slide 21 - Quizvraag