Competitions policy - The set of measures used by a government to outlaw anti-competitive behaviour and control the market power of monopolies., Foreign exchange market - It is global and consists of all those people, organizations and governments willing and able to buy or sell national currencies., Market economy - The actions of private sector producers and consumers determine how resources are used, what goods and services they produce and how they are allocated in this economic system., Tariff - A tax levied on the price of an imported product., Economics system - A system by which decisions on the production, consumption and exchange of different goods and services are made in an economy., Trade barriers - Government measures designed to restrict international trade and competition., Appreciation - Term used to describe an increase in the value of one currency against another., Monopoly - A business or group of businesses acting together to control the market supply of a product and with sufficient market power to influence the market price., Quota - A restriction on the volume of an imported good allowed into a country., Exchange rate - The market price or value of one national currency in terms of another., Depreciation - Term used to describe a fall in the value of a currency against another., Market price - The monetary value of a unit of a good or service that is determined by the actions of producers and consumers., Joint venture - A contractual agreement between two or more organizations to share the expertise, investment, management, costs, profits and risks of running a business., Patent - An exclusive right granted by a goverment to the creator of an invention to make, sell and profit from the invention for a set period of time., Mixed economy - An economic system which combines a market economy with government planning, ownership of resources and public sector provision of goods and services.,

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