Define
Fill it in
true or false
What is that word?
Other
100
activities that are consumed at the same time they are produced.
Service
100
Imports
Did you know that_____ account for the total supply of bananas, coffee, cocoa, spices, silk, and tea?
100
The World Bank is an international organization dedicated to providing aid to developing nations and their economic advancement.
True
100
Production
The activities, equipment, and resources needed to manufacture a good.
100
FREE POINTS!!!!!!!!!!!!
BONUS!!!!!!!!!
200
The rivalry among businesses to sell their goods and services.
Competition
200
Trade barriers
_____ are restrictions on free trade.
200
The WTO was created to promote trade around the world.
True
200
Retail.
Selling goods to the public.
200
The value of one currency for the purpose of conversion to another.
What is Exchange Rate?
300
the accepted behaviors, customs, and values of a society.
Culture
300
Business
A _____ is an organization involved in trade of goods, services, or both to consumers.
300
A joint venture is when two people come together to form a single corporation.
False. A joint venture is when Two companies come to an agreement to share a business project
300
Commercial.
Advertisment.
300
Goods being shipped out of the country and into another.
What is export?
400
A tax that a government places on certain imported goods.
Tariff
400
Intrapreneur.
_______ is like an entrepreneur, though for a larger group.
400
MC stands for Multinational Corporation.
MNC is the appropriate acrinim for Multinational Corporation.
400
Manufacturing.
The process of developing a product out of raw materials to be sold and used a whole.
400
A person who operates and organizes a business or business, taking on a financial risk to do so.
What is an Entrepreneur?
500
an action imposed by the government to stop the export or import of a porduct complately.
Embargo
500
International Monetary Fund
____________ is created to promoting global monetary and exchange stability.
500
A sanction is a tax or duty to be paid on a particular class of imports or exports.
False. A sancation is a penalty for disobeying a law or rule.
500
Finance.
Management of a large amount of money.
500
North American Free Trade Agreement
What does NAFTA stand for?
M
e
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u