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Card 1 of 22

A good or service bought from another country is an [     ]; one sold to another country is an [     ].

A

A good or service bought from another country is an inflow; one sold to another country is an outflow.

B

A good or service bought from another country is an export; one sold to another country is an import.

C

A good or service bought from another country is an import; one sold to another country is an export.

D

A good or service bought from another country is an import; one sold to another country is an re-export.

Card 1 of 22

Protectionism Flashcards

  1. A Level
  2. /Business
  3. /Protectionism

22 flashcards on Edexcel A Level Business Protectionism: the key terms, formulae and case studies you need to recall for Paper 1, Paper 2 and Paper 3.

Flashcards