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Business and the international economy

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 import; one sold to another country is an export.

B

A good or service bought from another country is an inbound shipment; one sold to another country is an outbound shipment.

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 retail product; one sold to another country is an wholesale product.

Business and the international economy Flashcards

  1. IGCSE
  2. /Business
  3. /Business and the international economy

Flashcards for Edexcel IGCSE Business Business and the international economy, covering the key terms, formulae and case studies you need to recall for Paper 1 and Paper 2. 24 cards, matched to the Edexcel IGCSE Business (4BS1) specification.

Flashcards