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BEP - Chapter four vocabulary

AB
global economythe inter connected economies of the nations of the world
exportingthe selling and shipping of goods to other countries
importingthe buying or bringing in goods from other countries to sell
trade barriera restriction on goods entering or leaving a country
tariffa type of trade barrier imposed by a government as a tax on imported or exported goods
gross domestic productthe total market value of all goods and services produced by workers and capital within a nation during a given period
disposable incomemoney people have to spend after paying for necessary expenses
interpretera personn who translates one language into or from another


FBLA Advisor
Citrus High School
Inverness, FL

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