Global Interdependence and Haiti's Economy Vocab
A system of producing, distributing, consuming, and owning goods, services, and wealth.
An amount owed to a person or a company for money borrowed.
Trade between countries without protective tariffs (taxes) or government interference.
When the whole world relies and depends on one another (ex. US and Haiti).
An exchange of goods or services.
Sending out a product when trading (EXIT)
a grant (money) paid by the government to a business
bringing in a product when trading (coming IN to a country).
BLOCK! Government order stopping all trade and delivery of goods and services.
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