Destination B1 - Unit 15

Front

What does it mean to import goods?

Back

To import goods means to bring products or services into a country from abroad for sale.

Front

What is property?

Back

Property refers to something that is owned by an individual or entity, such as land, buildings, or personal belongings.

Front

What does it mean to select an item?

Back

To select an item means to choose or pick it out from a group of options.

Front

What does it mean to own something?

Back

To own something means to have legal possession of it, indicating that it belongs to you.

Front

What does it mean to obtain permission?

Back

To obtain permission means to receive approval or consent to do something.

Front

What is the significance of paying tax on imports?

Back

Paying tax on imports is a government regulation that helps control trade and generate revenue.

Front

What is the difference between property and possession?

Back

Property refers to something that is legally owned, while possession refers to having physical control over an item, regardless of ownership.

Front

What does it mean to invest in a business?

Back

To invest in a business means to allocate money or resources with the expectation of generating a profit.

Front

What is the role of demand in economics?

Back

Demand refers to the desire and ability of consumers to purchase goods and services at various prices.

Front

What does it mean to purchase an item?

Back

To purchase an item means to buy it, typically involving an exchange of money for goods or services.