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6 Cards in this Set

  • Front
  • Back

Bonds

Sold by many governments worldwide to finance some of their spending. They are also bought by companies and individuals as an investment as they pay interest.

Capital

Wealth in money or property, owned by person or business and used to create more wealth

Commodities

Articles of trade and interest

Current account deficit

Occurs when the cost of import of goods and services into Australia has exceeded the revenue obtained from the export of goods and services

Customs union

A group of counties where there ate no barriers to the free movement of goods, services, capital and labour between them

Direct investment

Add an overseas company establishes a new enterprise, such as a factory, hotel or shopping Centre in Australia