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9 Cards in this Set

  • Front
  • Back
export
when a product in one cournty is then shipped to another cournty to be sold
import
when a prouduct is brought in from another cournty to be sold
interdepence
when two or more things depend on each other
supply
the amount of a prouduct that is availble
demand
the need for a prouduct or a service
trade
the busines of buying and selling goods
profit
the exces of income over all cost including the intrest cost of wealth
competiton
rivalry amoung individuals
scarcity
not enough of something