IGCSE Business Studies Chapter 29

IGCSE Business Studies Chapter 29

Assessment

Flashcard

Business

10th Grade

Practice Problem

Medium

Created by

Nadeane BOTHA

Used 2+ times

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20 questions

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1.

FLASHCARD QUESTION

Front

Setting a limit on the quantity of a product that may be imported or exported within a given period to regulate international trade is called?

Back

Quota, Quotas

2.

FLASHCARD QUESTION

Front

It is a tax that a government places on certain imported products

Back

Tariff, Tariffs

3.

FLASHCARD QUESTION

Front

It reduces trade barriers and encourages trade between countries.

Back

Free-trade agreements

4.

FLASHCARD QUESTION

Front

Buying goods and services from another country is considered?

Back

Importing

5.

FLASHCARD QUESTION

Front

Selling goods and services to another country is considered?

Back

Exporting

6.

FLASHCARD QUESTION

Front

It is an organization that has operations in more than one country.

Back

Multinational Company

7.

FLASHCARD QUESTION

Front

__________ is the term now widely used to describe increases in worldwide trade and the movement of people and capital between countries.

Back

Globalisation

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