Match the words and phrases with the definitions.

  • any good, such as raw materials and finished manufactures, that can be seen and recorded as it crosses the boundaries between countries
  • balance of trade
  • big variety
  • deficit
  • financial protection
  • flow
  • goods and services a country buys from abroad
  • imports
  • insurance
  • people, companies or countries that do business together
  • surplus
  • the amount by which the revenue of a government from taxes, tariffs and other sources exceeds its expenditures
  • the difference between the total amount of exports and imports for a country in one year
  • the movement of something, like water in a river
  • trading partnership
  • value of money
  • visible export and import
  • when something is worth the amount you pay for it
  • when you receive less money than you pay out
  • wide range
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