MORAL ED

Question 1

refers to any item which is produced
for the purpose of assisting in the production of other goods and services.

Answer 1

Capital

Question 2

is a company that has its headquarters in one country but may have many other departments, offices, outlets or factories in other countries.

Answer 2

Multinational

Question 3

an international relationship between countries, its also the increase in connections between economies around the
world.

Answer 3

Globalization

Question 4

all the production and exchange activity that takes place over
a period of time, in a particular place.

Answer 4

Economy

Question 5

the exchange of goods and services that takes place throughout the world.
all the production and exchange that takes place throughout
the world.

Answer 5

Global Economy

Question 6

the purchase of goods and services from abroad for use in the
domestic economy which results in flows of funds out of the domestic
economy.
goods and services bought by domestic companies from other
countries, to sell it inside the country.

Answer 6

Import

Question 7

the sale of goods and services from the domestic economy to
customers abroad which results in currency entering into the
domestic economy.
when a company sells goods and services to customers in
another country.

Answer 7

Export

Question 8

an exchange of goods and services between two people, businesses, groups, countries, usually for money.

Answer 8

Trade

Question 9

the total amount received by a company for trading.
the amount received by a business for selling its goods or services.

Answer 9

Revenue

Question 10

major factor of production which is used to start and maintain the operations of a business.

Answer 10

Capital

Question 11

where goods coming into the country and goods bound for foreign countries are loaded and unloaded. Khor Fakkan is a key port for the UAE.

Answer 11

Key Port