524247
Descrição
FlashCards por cj.khattri, atualizado more than 1 year ago
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Criado por cj.khattri
quase 11 anos atrás
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| Questão | Responda |
| What is an Exchange rate? | Is the price at which one currency can be traded for another. |
| List 5 main methods of restricting imports. | Quotas/ Tariffs/ Subsidies/ Product Safety Standards/ Government favouritism |
| Why are many firms changing their product and packaging to become more environmentally friendly? | Businesses are becoming more worried about the environment and some want a "Green Image." |
| What causes can arise from overspecialisation of an economy? | Overspecialisation can create vulnerability due to market/climate/cost changes. |
| how has the EU promoted "Free Trade" between member countries? | They made it a single market, allowed free migration and travel, there are no trade barriers for import and export and therefore costs are reduced. |
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