trade terms

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Definition of imports
good services from abroad for sale
1 of 7
Definition of exports
product of services sold abroad
2 of 7
Definition of PPP
Purchasing power parity - different cost of living in countries - what money actually buys in this country
3 of 7
Definition of FDI
Foreign direct investment - investment in buissness by an investor in another country
4 of 7
Definition of GNI
Gross national income - value of goods and services by a country produced in a year
5 of 7
Definition IMF
international organisation which promotes financial cooperation and stability between countries. Helps member of countries financial difficulty
6 of 7
Definition Tarrifs
tax or duty on a good or service
7 of 7

Other cards in this set

Card 2

Front

Definition of exports

Back

product of services sold abroad

Card 3

Front

Definition of PPP

Back

Preview of the front of card 3

Card 4

Front

Definition of FDI

Back

Preview of the front of card 4

Card 5

Front

Definition of GNI

Back

Preview of the front of card 5
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