Trade

Question 1

What countries do we import from

Answer 1

China, USA, Japan, Korea, Thailand

Question 2

Countries do we export to

Answer 2

China, Japan, Korea, USA, India

Question 3

What goods and services do we import

Answer 3

Petrol, passenger motor vehicles, gold and medicine

Question 4

What goods and services do we export

Answer 4

Call, iron, ore, education and gold

Question 5

Define trade

Answer 5

Exchange of goods and services between nations. The action of buying and selling goods and services.

Question 6

Define tariff

Answer 6

A tax on imported goods. Charis increase the price of imported goods and services, making them more expensive to consumers

Question 7

What is a multinational company

Answer 7

A business that has its Sila Tis and other assets in at least one country other than his home country. For example Apple has its for facilities in many countries other than the USA

Question 8

What are some fair trade companies

Answer 8

Cadbury, alter eco, San Churro, Nestlé Australia, Starbucks, Oxfam shop