Economy Flashcards
1
Q
What does Export mean?
A
to transport good to another place for trade
2
Q
What does Import mean?
A
to bring in a good or service from another area for trade
3
Q
What does Interdepence mean?
A
people relying on each other for goods, services and ideas
4
Q
What does Trade mean?
A
buying, selling, and exchanging of goods and services
5
Q
What is economics?
A
a social science thaty studies the production, distrubition, and consumption of good and services
