Vocab 1
Goods and Services bought from other countries.
What are Imports?
Goods and Services sold to other countries.
What are Exports?
What are Trade Barriers?
The first element on the periodic table.
What is Hydrogen?
The age of Coach Jackson.
What is 24?
The difference between a country's total exports and total imports.
What is Balance of Trade?
The value of a currency in one country compared with the value of another.
What is Exchange Rate?
An action imposed by the government to stop the export or import of a product completely.
What is an Embargo?
The quarterback of the Kansas City Chiefs.
Who is Patrick Mahomes?
The university that Coach Jackson attended and played baseball at.
What is Wayland Baptist University?
A tax that a government places on certain imported products.
What is a Tariff?
What is a Quota?
An organization that does business in several countries.
What is a Multinational Company? (MNC)
Popular fast food establishment that is closed on Sundays.
What is Chick-Fil-A?
Coach Jackson's job before he was a coach.
What is a Personal Trainer?
A factor that supports international trade in industrialized countries. Including transportation or communication.
What is Infrastructure?
The difference between the amount of money that comes into a country and the amount that goes out of a country.
What is Balance of Payments?
A unique business organized by two or more other businesses to operate for a limited time and for a specific project. It is a type of partnership.
What is a Joint Venture?
Anakin Skywalker's Jedi Master.
Who is Obi-Wan Kenobi?
Coach Jackson is having a child soon. Name the gender of the upcoming baby.
What is a girl?
The president that appears on the $2 bill.
Who is Thomas Jefferson?
The name of Coach Jackson's cat.
What is Butters?