Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

Social Studies > Benefits of Free Trade > Flashcards

Benefits of Free Trade Flashcards

You may prefer our related Brainscape-certified flashcards:
Praxis (5004) - Elem. Ed: Social Studies flashcards Praxis (5904) - Elem. Ed: Three Subject Bundle - Social Studies flashcards Praxis (7004) - Elem. Ed: Social Studies flashcards
1
Q

Imports

A

goods that are brought into a country

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Exports

A

goods sold to other countries

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Tariff

A

tax on an imported good

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Quota

A

limit of traded goods

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Embargo

A

the refusal to trade

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Free trade

A

economic practice of trading goods without fear of being stopped

How well did you know this?
1
Not at all
2
3
4
5
Perfectly

Social Studies (5 decks)

Brainscape helps you reach your goals faster, through stronger study habits.
© 2024 Bold Learning Solutions. Terms and Conditions