4.2.2 Assessment of a Country as a Market Flashcards
1
Q
What is disposable income?
A
The amount if money that a person has left over after they have paid their taxes, national insurance and other deductions?
2
Q
What is an exchange rate?
A
The price of one currency against another.
3
Q
What is infrastructure?
A
The basic systems, facilities, services and capital equipment required for a country’s economy to function, which might include its roads, communication systems and power services.
