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23 Cards in this Set
- Front
- Back
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APPRECIATION |
AN UPWARD MOVEMENT OF THE AUSTRALIAN DOLLAR (OR ANY CURRENCY) AGAINST ANOTHER CURRENCY |
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BICULTURAL |
ABLE TO APPRECIATE AND UNDERSTAND THE BUSINESS PRACTICES AND CUSTOMS IN THE HOST COUNTRY |
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CULTURAL DIVERSITY |
THE MULTITUDE OF INDIVIDUAL DIFFERENCES THAT EXIST AMONG PEOPLE |
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DEPRECIATION |
A DOWNWARD MOVEMENT OF THE AUSTRALIAN DOLLAR (OR ANY CURRENCY) AGAINST ANOTHER CURRENCY |
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DOMESTIC TRADE |
ECONOMIC TRANSACTIONS THAT TAKE PLACE WITHIN AUSTRALIA |
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E-COMMERCE |
THE BUYING AND SELLING OF INFORMATION, GOODS AND SERVICES VIA THE INTERNET |
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EQUITIES (SHARES) |
OWNERSHIP ENTITLEMENTS IN A COMPANY |
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EXPORTS |
GOODS AND SERVICES SOLD TO ANOTHER COUNTRY |
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FOREIGN AID |
FINANCIAL AND TECHNICAL ASSISTANCE BY GOVERNMENT AND NON-GOVERNMENT (PRIVATE) ORGANISATIONS FROM DEVELOPED (HIGH INCOME) NATIONS TO DEVELOPING (LOW INCOME) NATIONS |
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FOREIGN EXCHANGE RATE |
THE RATIO OF ONE CURRENCY TO ANOTHER; IT SHOWS HOW MUCH A UNIT OF ONE CURRENCY IS WORTH IN TERMS OF ANOTHER |
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FREE-TRADE AGREEMENT |
AN AGREEMENT BETWEEN COUNTRIES THAT RESULTS IN REDUCTIONS IN BARRIERS TO TRADE |
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GLOBAL CONSUMER |
A PERSON WHO BUYS GOODS AND SERVICES FROM OTHER COUNTRIES |
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GLOBALISATION |
THE MOVEMENT ACROSS NATIONS OF PEOPLE, GOODS, MONEY AND IDEAS |
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GROSS DOMESTIC PRODUCT |
THE TOTAL VALUE OF ALL GOODS AND SERVICES PRODUCED IN AN ECONOMY IN A GIVEN YEAR |
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IMPORTS |
GOODS AND SERVICES BOUGHT FROM ANOTHER COUNTRYI |
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INTELLECTUAL PROPERTY |
PROPERTY THAT IS CREATED BY AN INDIVIDUAL'S INTELLECT; A SONG, POEM, NOVEL AND SO ON |
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INTERNATIONAL (GLOBAL) TRADE |
THE BUYING AND SELLING OF GOODS AND SERVICES BETWEEN NATIONS |
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LABOUR STANDARDS |
THOSE CONDITIONS THAT AFFECT A BUSINESS'S EMPLOYEES, OR THOSE IN ITS SUPPLY CHAIN |
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MANAGED FUND |
MONEY FROM A LARGE NUMBER OFF SMALLER INVESTORS POOLED TOGETHER AND MANAGED AS ONE LARGE INVESTMENT PORTFOLIO BY A PROFESSIONAL INVESTMENT MANAGER, |
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PARENT COMPANY |
A COMPANY THAT OWNS OR CONTROLS ANOTHER COMPANY (SUBSIDIARY) |
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POLITICAL RISK |
ANY POLITICAL EVENT WHICH HAS A NEGATIVE IMPACT UPON BUSINESS OPERATIONS AND PROFIT |
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SUBSIDIARY |
A COMPANY OWNED AND CONTROLLED BY ANOTHER COMPANY |
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TRANSNATIONAL (MULTINATIONAL) CORPORATTION (TNC) |
A LARGE BUSINESS ORGANISATION THAT HAS A HOME BASE IN ONE COUNTRY, AND OPERATES BUSINESSES IN OTHER COUNTRIES |
