External shock

 

 

 

External shock

 

Glossary of business

 

Definition of external shock

 

An external shock is an unexpected change in an economic variable which takes place outside the economy. An example might be an increase in the price of oil having an impact on firm's costs of production.

 

Source : http://business-tes.wikispaces.com/file/view/Glossary.doc

link: http://business-tes.wikispaces.com/

Author : not indicated on the source document of the above text

 

Terminology about business

 

Job world

 

 

Definition and meaning of external shock

 

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Meaning of external shock

 

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What does external shock mean ?

 

 

 

 

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