Theme 4 Flashcards

1
Q

GDP

A

Gross domestic product

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2
Q

HDI

A

Human development index - focusing on life expectancy, literacy, expected years of schooling and standard years of living.

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3
Q

FDI

A
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4
Q

Migration

A

Moving from one country to another, where
The movement of people from one country to another to seek employment or a better life.

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5
Q

Brics

A

Brazil, Russia, India, China, South Africa

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6
Q

Niche global market

A

Smaller specialised part of a global market, where there are specific customer needs in more than one country and not being met.

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7
Q

Tax avoidance

A

Using legal methods to reduce the amount of tax, a company pays.

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