Help
Options
Didn't know it?
click below
click below
Knew it?
click below
click below
Don't Know
Remaining cards (0)
Know
retry
shuffle
restart
0:00
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.
Normal Size Small Size show me how
Normal Size Small Size show me how
The Global Market pl
10.1 and 10.2 Madi Gordon
| Question | Answer |
|---|---|
| Interconnected economies of the nations of the world. | Global economy |
| The exchange of goods and services between nations. | International Trade |
| A company that does business in many countries and has facilities and offices around the world. | Multiinational corportation |
| Activity of buying and selling goods and services in domestic or international markets. | Trade |
| Goods and services that one country buys from another country. | Imports |
| Goods and services that one country sells to another country. | Exports |
| The difference in value between a country's imports and exports over a period of time. | Balance of Trade |
| The ability of a country or company to produce a particular good more efficiently than another country or company. | Comparative advantage |
| The price at which one currency can buy another currency. | Echange Rate |
| The practice of the government putting limits on foreign trade to protect businesses at home. | Protectionism |
| A tax placed on imports to increase their price in the domestic market. | Tariff |
| Limit placed on the quantities of a product that can be imported. | Quota |
| Ban on the import or export of a product. | Embargo |
| When there are few or no limits on trade between countries. | Free Trade |
| Applying to, characterized by, or distinguishing something particular, special, or unique. | Specific |
| One who engages in a pursuit or activity professionally. | Professionals |
| To give support or relief to. | Sustains |
| A means of carrying or transporting something. | Vehicles |
| A disagreement. | Disputes |
| To confine within bounds. | Restrict |
| To act or work with another or others. | Cooperate |
| A discussion marked especially by the expression of opposing views. | Controversy |
| TO focus on a particular activity, area, or product. | Specialize |
| Made up of banks where different currencies are exchanged. | Foreign Exchange Market |
| Limit competition from other countries. | Trade Barriers |
| Reduce limits on trade. | Trade Alliances |
| Production, purchase, and sale of goods and services within a country. | Domestic Trade |
| Exchange of goods and services across international boundaries. | World Trade |
Created by:
madilyn_gordon
Popular Computers sets