Unit 1.03
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| Foreign debt | The amount of money one owes another country
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| Balance of Trade | Diffrence between a counties total imports and exports
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| Balance of Payments | Difference between the amount of money that comes into a country and the amount that leaves the country
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| Foreign Exchange Market | Banks buy and sell different currencies
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| Exchange Rate | Comparing the value of currency between different countries
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| Embargoes | When a government bands the imports, exports, and services of certain countries
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| Quotas | A limit on the quantity of goods that can be imported or exported
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| Tariffs | Taxes on certain imported items that increase prices
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| Common markets | Countries that are members freely invest in one another
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| Free-Trade Agreements | When countries that are members remove duties and trade barriers on products traded among them to increase trade between members
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| Free-Trade Zones | Selected areas that allow duty free products to be imported and then stored, assembled and or used to manufacture
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| Franchising | Allowing businesses the right to use another companies name or process in a specific way
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| Licensing | Selling the rights to a company to use some intangible propriety, for a fee or loyalty.
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| Joint Venture | Two or more companies agree to share a business project.
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| International Monetary Fund | Helps promote economic corporation and maintain an orderly system of world trade and exchange rates
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| World Bank | Provides economic aid to developing countries to fund building communication systems, transportation networks, and energy points
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| World Trade Orginization | Settles trade disputes and enforces free trade agreements among its members
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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