„International Ecomomics“ by Hendrik Van den Berg
S plants
because supplies of parts from Canadian suppliers were delayed. Even Dairy Queen, the chain of
U.S ice cream shops, lost sales because a key Canadian ingredient for its ice cream cakes was
delayed at the border. And much more.
New words I did not know
Ratio – suhteline suurus
Consumption – tarbimine
Capacity cost- mahutavus
Crowding out Effect – A situation when increased interest rates lead to a reduction in
private investment spending such that it dampens the initial increase of total
investment spending is called crowding out effect/ Efekti koondamine
Deadwight Loss- eesti keelset tõlget samuti ei tea aga inglise keelne selgitus on:
It is the loss of economic efficiency in terms of utility for consumers/producers such
that the optimal or allocative efficiency is not achieved. / Tarbijatele / tootjatele
kasuliku kasuteguri majanduslikust kadumisest on selline, et optimaalset või
eraldatavat tõhusust ei saavutata.