J.A. Words Flashcards

0
Q

Domestic trade

A

An exchange of goods or services with people and businesses in your own country.

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1
Q

Culture

A

The way of life of a group of people who share traditions, interests, beliefs, and everyday activities.

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2
Q

Economy

A

How a country manages its resources to produce and distribute products.

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3
Q

Ethics

A

A code of conduct that helps people determine what is good, right, and proper.

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4
Q

Export

A

A good or service sold to another country.

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5
Q

Goods

A

An item that can be bought and sold.

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6
Q

Manufacture

A

To make products by hand or machinery.

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7
Q

Respect

A

To feel or show honor for a person, her or his rights, and way of life.

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8
Q

Service

A

Work done by someone for someone.

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9
Q

Natural Resource

A

Something of value that can be useful (natural, human, capital)

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10
Q

Tariff

A

A tax on a good imported into a country

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11
Q

Trade

A

An exchange of a good or service.

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12
Q

Appreciate

A

To gain value.

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13
Q

Depreciate

A

To lose value.

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