Trade and Apparel Industry Terms

Trade and Apparel Industry Terms

Assessment

Flashcard

Business

9th - 12th Grade

Easy

Created by

Nicole Caldwell

Used 2+ times

FREE Resource

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16 questions

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1.

FLASHCARD QUESTION

Front

Apparel Industry

Back

The sector involved in the design, production, and marketing of clothing.

2.

FLASHCARD QUESTION

Front

Globalization

Back

The process of interaction and integration among people, companies, and governments worldwide, often resulting from international trade.

3.

FLASHCARD QUESTION

Front

Balance of Trade

Back

The difference between the value of a country's exports and imports over a certain period.

4.

FLASHCARD QUESTION

Front

Exports

Back

Goods produced in one country and sold to another.

5.

FLASHCARD QUESTION

Front

Imports

Back

Goods brought into a country from abroad for sale.

6.

FLASHCARD QUESTION

Front

Trade Deficit

Back

A situation where a country's imports exceed its exports.

7.

FLASHCARD QUESTION

Front

Trade Imbalance

Back

A disparity in the value of exports and imports.

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