International Market
Authored by Phiny Mey
English
Professional Development
Used 4+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Liberalize
to make rules or controls on something less strict
a tax on goods coming into a country or going out of it
to do something that needs to be organized and planned
an amount of something that is officially allowed or expected in a particular period of time
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Tariff
another word for rules
to do something that needs to be organized and planned
organization formed in 1995 to set rules on international trade
a tax on goods coming into a country or going out of it
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Subsidy
to become involved in a new job or business activity
money that is paid by a government to make something such as a particular food or product cheaper to buy, use or produce
if you impose, you make trade more difficult
government department responsible for collecting taxes on goods
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Deregulation
an amount of something that is officially allowed in a particular period of time
to do something that needs to be organized and planned
reducing and removing the number of government controls on a particular business activity
money that you pay to the government
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Dumping
selling products cheaply in an export market perhaps in order to increase your share of the market there
government department responsible for collecting taxes on goods
another word for rules
the principle that the government should allow the economy or private business to develop without any state control or influence
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Laissez-faire
another word for rules
an amount of something that is officially allowed or expected in a particular period of time
the principle that the government should allow the economy to develop without any state control or influence
money that you pay to the government
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Customs
a type of intergovernmental agreement where barriers to trade are reduced among the participating states
government department responsible for collecting taxes on goods
an amount of something that is officially allowed in a particular period of time
money that you pay to the government
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