Economic Dimensions (NEW) Flashcards

1
Q

What is Globalisation within a Economic Dimension?

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2
Q

What is International Trade?

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3
Q

What are Imports?

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4
Q

What are Exports?

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5
Q

What is Economic Growth?

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6
Q

What is Gross Domestic Product (GDP)?

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7
Q

What is Free Trade?

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8
Q

What is Transnational corporation?

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9
Q

Meaning of Protectionism?

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10
Q

What are Trade organisations?Examples?

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11
Q

Meaning of Subsidies?

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12
Q

What are** Tariffs**?

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13
Q

What is Free Trade Agreement?

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14
Q

What is the Global supply chain?

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15
Q

Meaning of** Quotas**?

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16
Q

What is Exchange rate?

17
Q

Meaning of Non-tariff barriers?

18
Q

What is Comparative advantages?

19
Q

What are Regional trade groups?Example?

20
Q

What is UN?

21
Q

Who is **Australia’s top trading partners?

22
Q

Who is **Australia’s top import partners?

23
Q

Who is Australia’s top export partners?