International Trade
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| show | Swapping goods or services without the use of money.
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| show | It is the exchange of goods & services between 2 parties in return for payment.
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| show | The exchange of goods and services within a country Eg Ireland.
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| What is international trade? | show 🗑
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| show | These are physical things, such as oil or motor vehicles, that can be seen and measured.
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| show | These are services that cannot be seen or accurately measured, eg holidays by Irish people in foreign countries.
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| show | These are physical things such as chemicals and medicines, that can be seen and measured.
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| What are invisible exports? | show 🗑
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| show | This is the difference between visible exports and imports.
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| show | Difference between invisible exports and visible imports.
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| What is the balance of payments? | show 🗑
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| What is the World Trade Organisation? | show 🗑
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| What is the law of Comparative advantage? | show 🗑
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Created by:
Bredadowling
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