Chapter4 Civics and Citizenships Flashcards
1
Q
Trade
A
transfer of ownership of goods from one person or entity to another in exchange for money or a product/service
2
Q
Tariffs
A
taxes imposed on imported goods and services to raise their price and make them less competitive against domestic goods and services
3
Q
Indigenous
A
refers to people who are the original native inhabitants of a region or country
4
Q
Terra nullius
A
a legal principle signifying that an area of land belongs to no-one
5
Q
Land tenure
A
a system by which particular individuals or groups are given a legally recognised right to occupy a defined area of land
6
Q
Reparations
A
payment of money or materials by a nation defeated in war
