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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avanced economy

a country with an economy that uses the most recent ideas and technology

Asian tiger

a country in South East Asia with an economy that is growing very fast

computing costs

the costs involved in using computers

containerization

in Container verladen

developing country

a country that is quite poor and does not have advances industries

economic output

all the goods and services produced by a country over a year

free ovement of capital

money for investment that can easily be moved around the world

free trade

the principle that good and services can be bought and sold all around the world

GDP (gross domestic product)

BIP

GDP per capita

BIP pro Kopf (Person)

global economy

the economies of all the countries in the world considered as a group

GNi (gross national income)

Bruttovolkseinkommen (value of goods and services produced by a country in one year, including profits made in foreign countries

GNP (gross national product)

Bruttonationaleinkommen, früherer Begriff für GNI

interdependence

Abhängigkeit

less-developed country (LDC)

a country that is quite poor and does not have advances industries

prosperity

Wohlstand

protectionism

a system in which a country helps its own industries by putting a tay on foreign goods

rural economy

an economy that is based on farming and not on industry

tariff

tax on goods that come into a country

trade liberalization

the removal of obstacles to international trade

capital controls

Kapitalverkehrskontrollen

capital flows

the movement of invested money between countries

convertibility

Austauschbarkeit

cross-boarder capital flows

money that flows between countries

dept burden

Schuldenlast

debt forgiveness

Schuldenerlass

debt load

Schuldenberg

debt relief

Schuldenerlass, oder später zurück zahlen

debt rescheduling

Umschuldung, Zurückzahlung zu anderem Zeitpunkt

debt service

Schulden bedienen

devaluation

Abwertung ggü anderen Währungen

foreign direct investment (FDI)

when companies put moeny into investment projects in other countries

foreign exchange crisis

Devisenhandleskrise

inflows

amount of money that are coming into a country

International Monetary Fund (IMF)

Weltwährungsfond, mange worlds economy and help countries with weak economies

liberalization

to make laws, systems or attitudes less severe

Millennium Development Goals

a set of aims to help poor countries by increasing economic growth and giving people better living conditions

outflows

amount of money that are going out of a country

repatriate

Geld in die Heimat zurückschicken

withdraw investment

Geld zurückziehen