VV 33 – Macroeconomics (Part 1)

In this Video Vocab lesson, we’ll look at some key macroeconomic terms, such GDP and GNP. We’ll explore the natural business cycle, which includes periods of expansion, recession and sometimes even depression. We’ll also look at the idea of trade balance between countries, which can be described as either a trade surplus or a trade […] The post VV 33 – Macroeconomics (Part 1) appeared first on Business English Vocabulary :: Video Vocab.