ITB Unit 3- 30 questions

A group of corporations run by a single board of directors

• monopoly

• oligopoly

• trade

• trust

Property or goods pledged by a borrower to use as security against a loan if it is not repaid.

• mortgage

• monopoly

• interest

• collateral

Goods produced abroad and sold domestically

• Imports

• Trade

• Exports

• Protectionism

Trade between two or more states

• education

• international trade

• interstate commerce

• free trade

Anything that serves as a medium of exchange, a unit of account, and a store of value

• trade

• bank account

• money

• interest

The exclusive legal right, given to an originator or an assignee to print, publish, perform, film, or record literary, artistic, or musical material, and to authorize others to do the same.

• Patent

• Contract

• Trademark

• Copyright

Definition: to put money into an account

• withdrawal

• deposit

• interest

• subsidies

Definition: A system in which goods and services are directly exchanged using money

• banking system

• monetary system

• federal reserve system

• direct deposit

Definition: the action of buying and selling goods and services.

• exports

• patent

• trade

• imports

Is the income that governments get from all sources.

• revenue

• interest

• expense

• withdrawal