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7 Cards in this Set
- Front
- Back
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Export
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when a product produced in one country is then shipped to another country to be sold.
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Import
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when a product is brought in from another country to be sold.
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Interdependence
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when two or more things depend on each ather.
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Supply
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the amount of a product that is available.
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Demand
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the need for a product or a service.
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Trade services
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the business of buying and selling goods and services.
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Profit
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the excess of income over all costs, including the interest cost of the weath invested. (This means making money after one has paid all the expenses in a business).
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