Flashcards
Emmerson Unit 2
Cards in this deck (10)
- 1What is: a) inward investment b) BRIC c) FDIa) inländische Investitionen
b) Brazil, Russia, India, China = emerging markets
c) Foreign direct investment: buy property and businesses to create overseas divisions, joint ventures. has the highest risk but gives most control - 2What is the business cycleRecovery
Growth
Recession
Depression - 3Synonym for: Recovery Growth Recession DepressionUpswing
Expansion / Boom
contraction / downturn
slump - 4mutually exclusivesich gegenseitig ausschliessend
- 5What is: a) Subsidiary b) Joint Venturea) company owned by another company
b) Two or more companies share costs & profits in a particular market, but keep their separate identities - 6What is: Balance of tradeDifference between a nation's imports and exports. If it exports more = trade surplus, otherwise trade deficit
- 7The balance of payments?wider measure than the balance of trade; next to imports&exports, it includes services and investments
- 8subsidymoney paid by a government to support a business
- 9synonym for bureaucracyred tape
- 10—
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- Flashcards on Emmerson Unit 2, created by Sonam Bhuka on 02/01/2018.
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- Sonam Bhuka
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