Trade Terms

Question 1

Import

Answer 1

Goods brought into the Country

Question 2

Export

Answer 2

Goods sent out of the country

Question 3

tariff

Answer 3

a fee or tax on a goo that is imported into a country

Question 4

quota

Answer 4

a limit of goods brought into the country

Question 5

embargo

Answer 5

a refusal of one country to trade with another

Question 6

free trade

Answer 6

people can import/export goods without the fear of a government stopping them.