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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. |
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Capital |
Wealth in money or property, owned by person or business and used to create more wealth |
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Commodities |
Articles of trade and interest |
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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 |
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Customs union |
A group of counties where there ate no barriers to the free movement of goods, services, capital and labour between them |
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Direct investment |
Add an overseas company establishes a new enterprise, such as a factory, hotel or shopping Centre in Australia |