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Business > Types Of Business > Flashcards

Types Of Business Flashcards

1
Q

Public sector

A

Business owned by government

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2
Q

Private sector

A

Business owned by an individual or a group of individuals

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3
Q

Tariff

A

All imports which makes the selling price higher, lower demand and encourages people to buy local products

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4
Q

Quota

A

Which is to allow a specific number of imports into the country

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Business (4 decks)

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