key terms Flashcards
1
Q
what are quotas
A
number of goods allowed to import or export
2
Q
what is a tariff
A
taxed imposed by one country on the goods and services from another country
3
Q
what are dimensions
A
an aspect of a situation which my be measurable facts, something that contributes to an end.
4
Q
what are remittance payments
A
transfers of money made by migrant workers to family home country
5
Q
what Is migration
A
from less developed to more developed countries
6
Q
what are FDIs
A
investment made by TNCs based in one country into the physical capital assets into another country
7
Q
Repatriation of profits
A
TNCs investing in overseas production will take and profit from investments made, back to home country
