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Set of flashcards Details

Flashcards 250
Language English
Category English
Level University
Created / Updated 23.09.2016 / 17.01.2019
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domestic adj

form or in one's own country

duopoly n

a situation in which two companies own all or nearly all of the market for a given product or service. n.

endorse v

to appear in public, saying that you use and like a particular product. v.

endorsement n

the statement of a famous person made in an advertisement saying that they use an like a product. n

equilibrium n

the state in which market supply and demand balance each other an prices becoms stable. n.

event n

an organized coccasion at whicht people gather together to watch or take part in something

exchange market intervention n

the purchase an sale of a country's currency on the exchange market in order to influence its price n

exchange rate n

the value of one country's currency expressed in another country's currency

exhibit n,v

(to show) something ineresting in a public place where peopel can go and look n,v

exhibition n

a public show of interesting things for people to go and see n

explicit cost n

a direct expense that business incurs in conducting an activity

exports n

commodities produced in one country are shipped to another country for sale or trade n

externalities n

a consequence of an industrial or commercial activity that affects other parties without this being reflected in the cost n

factor market n

a place where labour, capital and resources are purchased and sold n

factors of production  n

various resources such as labour, capital, and resources which contribute to the production of a product or service

fair n

an event at which people who work in a particular industry meet, show and sell their products  n

feasibility n

the changes that something has of being achievd. n

 

feedback n

information or statement of opinion how successful or useful something is n

fiat money n

currency that has benn declared as legal tender, despite the fact that it has no intrinsic value and is not backed by reserves. n

 

financiel intermediary n

an orginization that offers loans, sells financial products etc. n

firm n

a business organization n

fixed exchange rate

an exchange rate under which a government or central bank ties an official exchange rate to another country's currency, or to gold

floating exchange rate n

an exchange rate where the currency is set by the foreign-exchange market througt supply and demand

 

flyer n

a small sheet of paper advertising something n

forecast n,v

(to make) projections about future performance n

foreign exchange market

also Forex n

markets in which participants are able to buy, sell, exchange an speculate or currencies n

foreign exchange reserves n

deposits of a currency for another country hold by  central bank n

free trade n

the unrestricted purchase an sale of goods an services between countries  n

 

free rider n

a party that enjoys the benefits of society, but contributes little or nothing to the effort. n

gap in the market

(also merket gap) n

an opportunity for a product or service that is not yet available n

giveaway

(freebie)

something that is provided to a customer without payment. n

group v,n

(to create) a set of people or things that are considered as a unit because they are similar im some way n,v

hoarding

(AE billboard) n

a large sign used for advertising

household  n

all of the people who live under one roof an who meke joint financiel decisions or are subjeckt to others making decisions for them n

hype n,v

(to make) an attempt to make people think something in good or important by talking about it a lot in the media n,v

imperfect competition n

a situation in which there is little or no competition in the market. n

import n, v

(to make available) a good or service brought into one country form another. n,v

income distribution n

the division of national income among households, social classes, or factors of production. n

individual choice n

the decision by an individual of what to do or not to do. n

inferior good n

a type of good for which demand declines as income or GDP increases. n