User:Jukeboksi/BBA studies/Economics: Difference between revisions
(→Week 36 - Classical trade theories: sourcing definition of w:GDP from the 'pedia) |
m (→Week 36 - Classical trade theories: fixed some links) |
||
| Line 157: | Line 157: | ||
== Week 36 - Classical trade theories == | == Week 36 - Classical trade theories == | ||
'''Gross domestic product''' ('''[[w:GDP]]''') is the [[market value]] of all officially recognized final goods and services produced within a country in a given period of time. GDP [[per capita]] is often considered an indicator of a country's [[standard of living]] ( Wikipedia ) | '''Gross domestic product''' ('''[[w:GDP|GDP]]''') is the [[w:market value|market value]] of all officially recognized final goods and services produced within a country in a given period of time. GDP [[w:per capita|per capita]] is often considered an indicator of a country's [[w:standard of living|standard of living]] ( Wikipedia ) | ||