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Foreign Trade JC
Foreign Trade Junior Certificate
| Term | Definition |
|---|---|
| Importing | Is the purchase of goods and services from other countries for sale in Ireland. |
| Exporting | Is when Irish goods and services are sold to other countries. |
| Visible trade | Is the import or export of physical goods. |
| Invisible trade | Is the import or export of services. |
| Visible Imports | Coffee and Tea |
| Invisible Imports | Irish people going on holidays to Spain |
| Visible Exports | Meat and dairy products |
| Invisible Exports | Foreign tourists taking holidays in Ireland |