federal budget and trade Flashcards
0
Q
who do we import from and export from?
A
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1
Q
What is the federal budget?
A
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2
Q
what goods and services do we imports and export?
A
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3
Q
what is meant by trade?
A
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4
Q
what is a tariff?
A
…l
5
Q
multinational (transnational) companies and why these companies are growing?
A
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6
Q
What are the two greatest sources of revenue
A
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7
Q
what are the two greatest sources of expenditure?
A
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8
Q
Who is responsible for preparing the 2014 federal budget?
A
Joe Hockey
9
Q
Is the budget in surplus or deficit? and what does this mean?
A
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10
Q
Why is trade important in Australia?
A
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11
Q
what is an open economy?
A
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12
Q
describe the term import.
A
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13
Q
describe the term export.
A
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14
Q
what is barrier?
A
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