A2 Globalisation Revision Guide Key Terms and Organisations Key Terms and Definitions: * Import - To ship (commodities) into a country from abroad. * Export - To ship (commodities) to other countries or places for sale, exchange, etc. * Balance of Payments - an accounting record of all monetary transactions between a country and the rest of the world. These transactions include payments for the country's exports and imports of goods, services, financial capital, and financial transfers…
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