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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 other.
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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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trad-
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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 coast, including the intrest coast of the wealth invesred this means making money after one has paid all the expenses in a busness.
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