Globalisation/Ethics Flashcards
1
Q
Globalisation
A
The term used to describe the increased interconnectedness of countries through trade and working practices
2
Q
Imports
A
Goods and services that are produced coming in from another country
3
Q
Exports
A
Making and sending goods and services to other countries to buy
4
Q
Tariffs
A
Taxes placed only on imports
5
Q
Trade blocs
A
A group of countries that allow free trade within external tariff walls
6
Q
Ethics
A
The idea of preserving moral decisions and acts over personal gain
