Global links

2. The total value of all goods and services produced in an economy in a given year (3 words)
6. A person who buys goods and services from other countries (2 marks)
7. The ratio of one currency to another; it shows how much a unit of one currency is worth in terms of another (2 words)
8. Financial and technical assistance by government and nongovernment (private) organisations from developed (high income) nations to developing (low income) nations (2 words)
9. The multitude of individual differences that exist among people (2 words)
10. A company that owns or controls another company (subsidiary) (2 words)
11. Those conditions that affect a business’s employees, or those in its supply chain (2 words)
15. Property that is created by an individual’s intellect; a song, poem or novel (2 words)
16. Able to appreciate and understand the business practices and customs in the host country
17. Goods and services bought from another country
19. A downward movement of the Australian dollar (or any currency) against another currency
21. Also known as shares, these are ownership entitlements in a company

1. Any political event which has a negative impact upon business operations and profit (2 words)
3. An agreement between countries that results in reductions in barriers to trade (3 words)
4. A large business organisation that has a home base in one country, and operates businesses in other countries (2 words)
5. The movement across nations of people, goods, money and ideas
12. An upward movement of the Australian dollar (or any currency) against another currency
13. Economic transactions that take place within Australia (2 words)
14. The buying and selling of information, goods and services via the internet
18. Money from a large number of smaller investors pooled together and managed as one large investment portfolio by a professional investment manager (2 marks)
20. Goods and services sold to another country