Voc.
Set of flashcards Details
| Flashcards | 124 |
|---|---|
| Language | English |
| Category | English |
| Level | University |
| Created / Updated | 23.05.2017 / 28.05.2018 |
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World Bank
provides leveraged loans to poorer countries for capital programs with the aim of reducing poverty
bloc
group of countries who agree to abolish trade barriers between their member countries
co-operative
an organization that is owned by all the people who work for it
commodity
Handelsware
dismantle
demontieren, abbauen
Doha round
a stage of discussions between countries which aims to make trade easier between countries
dump
to sell something for less than it costs to produce
EEA
European Economic Area
GAFTA
Greater Arab Free Trade Areas
glut
überflutet
grower
Züchter, Erzeuger; someone who grows crops for cash
Mercosur
a group of South American countries that have free trade
middleman
a person or company that buys goods from a producer and make a rofit by selling them to a shop or user
NAFTA
North American Free Trade Area (Canada, US and Mexico)
quota
Kontingent; an amount of sth that someone is offically allowed to do or have
smallholder
someone who has a small farm
trade barriers
as taxes or limits
trade disputes
disagreements about trade
World Trade Organization (WTO)
the only international body dealing with the rules of trade between nations
declining birth rate
when the number of people being born is becoming less
demographics
demografische MErkmale: Alter, Einkommen, Ausgaben
developed country
a country that has advanced industries
developing country
a country that is quite poor and does not have advanced industries
economic development
how andvanced an economy is
economic foundations
the base on which an economy is bulit
emerging economy
a country that is starting to have a very successful economy
higher-priced goods
goods that are high in price when compared to other goods
hydrocarbons
chemical combinations of carbon and hydrogen, fpr example oil or petrol
least developed country
a country that does not have a very advanced economy or industries
manufacturing-based economy
a country whose economy depends on jobs that involve making things in factories
Next Eleven (N-11)
a group pf eleven countries that a report by Goldman Sachs believes will become large economies
openness of trade and investment policies
Gegenteil der Schutzzollpolitik (protectionism)
political maturity
the situation when a country has a well-organized government and an established political system
trade surplus
the situation when a country sells more goods in other countries than it buys from other countries
aid agency
Hilfsorganisation
crop failure
Ernteausfall, Missernte
development aid
Entwicklungshilfe
donor country
a country that gives money to help a developing country
earthquake
Erdbeben
emergency relief
Nothilfe, Katastrophenhilfe
