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KL - Foreign Trade
Game Code: 681486
English
20
Public
How much have you learnt from the discussions in class and your partners' presentations? Test your knowledge about international trade! :-)
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In a Balance of Trade (BOT), more imports than exports signals a ___.
trade deficit
10
The goods and services sold to other countries are called ___.
Exports
10
The acquisition of banking services in a foreign country equals to ___.
an invisible import
10
When a country produces a good or service for a lower opportunity cost than other countries, it is a ___.
Comparative cost advantage
10
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