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Unit 10 and 11 - Coggle Diagram

- - - - Interest rate
- - - - Defend worksand fair trade
- - - - Consumers can purchase goods for anothers countries
  - - - Internet help to the e-commerce
  - - - Now many countries are own manufacturing industries
- - - - Ad
        
        Job creation
        
        Taxes are paid by multinational
        
        Increase exports
        
        Increase consumer choice
        
        Increase investment
      - Dis
        
        Job creation are often unskilled
        
        Repatriation of profits
        
        Reduce sales for local business
        
        Use all the resources
- - - - Taxes
      - Exports
      - Job creation
      - More products
    - - Pollution
      - Exploted areas
      - Salaries go low
      - Monopoly
    - - Lower unemployment
      - Balance of payment
      - Growth
      - Lower inflation
  - - - Real income
        
        Salary - Inflation
  - - - The value of all goods and services produce in a country
- - - - Take directly from our income
    - - Money earn, you pay a tax
    - - Sale or VAT
      - Import duties
        
        Anything you bring from another country
        
        If import duties increase
        
        National products growth
        
        Have higher price since it is imported
    - - In general direct
      - More you earn the more you pay
    - - The same for everybody
      - The poorer the person the higher the burden of the tax pay
    - - The restriction of the amount of certain products a country can import
  - - - Cost of borrowing money
      - Only by central bank can be change
      - Disposal income
        
        After the taxes
      - Main effects in the increase
        
        Firms must pay the existing loans, will reduce the profit
        
        Managers who want to expand the business may delay the decision
        
        The expensive items will reduce the demand
  - - - Policies to make the economy more efficient
    - - Fair trade
    - - Gov protect domestic business from foreign competiton