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Karteikarten

Economics section D

Kiran Englisch 15 Karten

Karten in diesem Stapel (15)

  1. 1Globalisationthe growing integration of the worlds economies
  2. 2Multinational companya large and powerful firm that sells goods and services into global markets and owns production plants and faculties all over the world
  3. 3Development aidmoney and other forms of assistance that is given to less developed countries by governments in developed countries
  4. 4Foreign direct investmentbusiness investment undertaken by a firm in another country
  5. 5Free tradetrade between nations that is completely without government restrictions
  6. 6Infant industriesnew industries yet to establish themselves
  7. 7Protectionisman approach used by a government to protect domestic producers
  8. 8Quotaa physical limit on the quantity of imports allowed into a country
  9. 9Tariffs/Customs dutiesa tax on imports to make them more expensive
  10. 10Trade barriersmeasures designed to restrict trade
  11. 11Trading bloca group of countries situated in the same region that join together and enjoy trade free tariffs,quotas and other forms of trade barriers
  12. 12World Trade Organisation (WTO)and international oragansiation that promotes free trade by persuading other countries to abolish tariffs and other barriers
  13. 13Exchange ratesthe price of one currency in terms of another
  14. 14Foreign exchange marketthe markets where foreign currencies can be brought and sold
  15. 15Devaluationthe depreciation or fall in the value fo a currency

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Beschreibung
Karteikarten am Economics section D, erstellt von Kiran am 02/04/2015.
Erstellt von
Kiran
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