Page 24 - FINAL CFA SLIDES DECEMBER 2018 DAY 6
P. 24
Session Unit 5:
19. Int. Trade & capital Flows, p136
LOS 19.a: Compare gross domestic product and gross national product, p.137
GDP = domestic/within SA
GNP = produced by capital or labour owned by South African’s wherever!
LOS 18.t: Describe benefits and costs of international trade, p.137
Benefits:
Lower cost goods, increasing employment, wages and profits from exports
Costs:
Job losses, etc.
