English Vocabulary for Economics VV 33 - Macroeconomics (Lesson 1) | Financial English Vocabulary

#englishforeconomics #financialgenglish #businessenglishvocabulary
Download this Financial English lesson from:
www.businessenglishpod.com/
In this English for Economics, we'll look at some English 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 deficit.
English for Economics | Financial English | Business English Vocabulary

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