Year 9 Economics

5. (2 words) The exchange of money from consumers to producers.
7. Goods and services bought and brought in from overseas countries.
9. (2 words) Companies that operate across multiple nations.economiesofscale (3 words) This is the name given to the benefit that allows TNSc to save money on costs by increasing the amount of goods/services produced.
12. (3 words) This is the name given to the benefit that allows TNSc to save money on costs by increasing the amount of goods/services produced.
15. (2 words) This is one of the benefits enjoyed by developing nations when TNCs locate their factories there.
16. The other name given to the good we import the most (look at the graphs).
17. (2 words) The goods that we export the most of (look at the graphs).
18. (2 words) What the government sector provides to producers.
20. What source of income do TNCs provide the government of the countries they are choosing to operate in with?
21. The name of the country we both import from and export to the most (look at the graphs).

1. (2 words) Other name given to transnational corporations.
2. The continent with the third highest GDP in the world (look at the charts).
3. The acronym given to the metric used by economists to measure a country's economic health.
4. (2 words) The industry in which people are employed to create goods by using various resources.
6. (2 words) The name given to the system that includes all steps it takes to produce goods and services (raw materials, labour, assembly, etc).
8. (2 words) The name given to the industry that harvests produce or raw materials.
10. (3 words) What FOP stands for.
11. (2 words) The name given to the industry that provides services.
13. What consumers provide to the financial sector.
14. What the financial sector provides to producers.
15. Goods and services sold and sent to overseas countries.
19. The acronym given to the law passed by the Australian government to prevent TNCs from avoiding paying their taxes.