1.5 Location Flashcards
1
Q
What are protection measures
A
They are policies that governments will use to protect their own businesses against foreign competition
2
Q
What is a tariff
A
A tariff is a tax on foreign goods imported into a country
3
Q
What are imports
A
Imports are goods and services purchased from overseas by consumers of businesses
4
Q
What is a quota
A
A quota is a limit on the number of foreign goods imported into a country
