A Level>Notes>Theme 4: A global perspective

4.5.4 Macroeconomic policies in a global context The tax rules are complex and difficult to apply and regulate      

4.5.3 Public sector finances  

4.5.2 Taxation But benefits of this disproportionate favour richest households – has led to a worsening of the income distribution Real output and employment  

4.5.1 Public expenditure  

4.4.3 Role of central banks  

4.4.2 Market failure in the financial sector    

4.4.1 Role of financial markets

4.3.3 Strategies influencing growth and development Locals could feel stigmatised by tourism, especially if they cannot afford luxuries the tourists have Could also be some environmental damage like pollution    

4.3.2 Factors influencing growth and development    

4.3.1 Measures of development c) Other indicators of development  

4.2.2 Inequality  

4.2.1 Absolute and relatve poverty  

4.1.9 Internatonal compettveness    

4.1.8 Exchange rates Fixed d) Factors influencing floatng exchange rates      

4.1.7 Balance of payments b) Causes of defcits and surpluses on the current account Other Causes involving China c) Measures to reduce a country's imbalance on the current account      

4.1.6 Restrictions on free trade Subsidies to domestic producers  

4.1.5 Trading blocs and the World Trade Organisaton (WTO) When EU ftas established, it ftas a common market. EU citiens can ftork in any country in the EU  Throu h eo raphical and occupatonal mobility of labour  Wage and price inflexibility in labour numbers (I like...

4.1.4 Terms of trade    

4.1.3 Pattern of trade  

4.1.2 Specialisaton and trade    

4.1.1 Globalisaton