Trade, aid and exchange

The movement of goods and services from one place to another.

• Trade

• Tariff

• Import

• Export

Goods brought into a country.

• Imports

• Exports

• Tariff

• Quota

Goods that leave a country to be sold abroad.

• Imports

• Exports

• Tariff

• Quota

Goods that leave a country to be sold abroad.

• Imports

• Exports

• Tariff

• Quota

When a country spends more on imports than it earns on exports.

• Trade

• Trade deficit

• Trade surplus

• Tariff

When a country makes more money through exports than it does importing goods.

• Trade

• Trade deficit

• Trade surplus

• Tariff

Aid given directly by a richer country (donor) to a poorer country (recipient) often tied - with strings attached.

• Bi-lateral aid

• Voluntary aid

• Emergency aid

• Sustainable aid

Development projects that start and work from the grass-roots level.

• Bottom-up development

• Top-down development

• East -west development

• Sustainable development

Development projects that are imposed from the people above.

• Bottom-up development

• Top-down development

• East -west development

• Sustainable development

Aid that is given by a number of countries and organisations such as the United Nations and the World Health Organisation.

• Sustainable Development

• Multilateral aid

• Emergency aid

• Bottom-up development