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Globalisation

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 domestic product; one sold to another country is an foreign product.

B

A good or service bought from another country is an essential good; one sold to another country is an optional good.

C

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

D

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

Card 1 of 22

Globalisation Flashcards

  1. GCSE
  2. /Business
  3. /Globalisation

22 flashcards on OCR GCSE Business Globalisation: the key terms, formulae and case studies you need to recall for Business 1 and Business 2.

Flashcards