GLOBAL ECON Flashcards
1
Q
EXCHANGE OF GOODS AND SERVICES INTGRATED IN GLOBAL MARKET
A
GLOBAL ECON
2
Q
REMOVAL OR REDUCTION OF RESTICTIONS OR BARRIERS ON THE FREE EXCHANGE OF GOODS OF NATIONS
A
TRADE LIBERAZATION
3
Q
TAX ON IMPORTS
A
TARIFF
3
Q
PHYSICAL LIMIT
A
QUOTAS
4
Q
BAN OF A GOOD
A
EMBARGO
4
Q
UNFAIR ADVANTAGE OVER COMPETITORS
A
SUBSIDIES
5
Q
DIFFICULT TO TRADE
A
ADMINISTRATIVE BARRIERS
6
Q
MAKE EXPORTS CHEAPER
A
COMP DEVALUATION
7
Q
PRICES OF GOODS FOLLOW SIMILAR PATTERN
A
MARKET INTEGRATION
