Chapter 9 - Vocabulary Flashcard

Front

A good or service sold to another country

Back

export

Front

Choose the correct definition of trading partners.

Back

regions or countries that trade with each other

Front

Choose the correct definition of global trade.

Back

the exchange of goods and services between many countries of the world

Front

Choose the correct definition of specialization.

Back

focusing on efficiently producing a limited number of goods and services

Front

A resource used to produce a good or service

Back

productive resource

Front

Choose the correct definition of import.

Back

a good or service bought from another country

Front

What is the definition of interdependent?

Back

people, societies, or other groups who rely on each other for survival or success