Question

A limit on the quantity of an item brought into a country.



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Group of answer choices

Trade

Import

Quota

North American Free Trade Agreement (NAFTA)

Flag question: Question 2
Question 29 pts
The voluntary exchange of goods and services among people and countries benefiting both parties.

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Group of answer choices

Currency

North American Trade Agreement

Trade

Export

Flag question: Question 3
Question 39 pts
When one nation can produce a good or service at a lower opportunity cost than another nation can.

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Group of answer choices

Export

Currency

Import

Specialization

Flag question: Question 4
Question 49 pts
Goods sold to other countries.

Exiting your country.

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Group of answer choices

Import

Export

Tariff

Embargo

Flag question: Question 5
Question 59 pts
Tax placed on imported goods.

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Group of answer choices

Trade Barrier

Tariff

Import

Export

Flag question: Question 6
Question 69 pts
Goods purchased from other countries.

Coming into your country

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Group of answer choices

Export

Embargo

Import

Domestic Trade

Flag question: Question 7
Question 79 pts
A government order stopping trade with another country to put pressure on the government of that other country.

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Group of answer choices

Currency

Embargo

Import

Export

Flag question: Question 8
Question 89 pts
Money used in a particular country to buy goods and services.

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Group of answer choices

NAFTA

Trade Barrier

Currency

Quota

Flag question: Question 9
Question 99 pts
Ways of limiting trade

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Group of answer choices

NAFTA

Trade Barrier

Specialization

Currency

Flag question: Question 10
Question 109 pts
Signed in 1994 by the U.S., Canada, and Mexico eliminating tariffs

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Group of answer choices

Import

North American Free Trade Agreement (NAFTA)

Domestic Trade

Specialization

Flag question: Question 11
Question 1110 pts
Exchange of goods and services within a country’s borders.

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Group of answer choices

Currency

Trade Barrier

Domestic Trade

Tariff

Answer 1

Here are the answers:

1. Quota
2. Trade
3. Specialization
4. Export
5. Tariff
6. Import
7. Embargo
8. Currency
9. Trade Barrier
10. North American Free Trade Agreement (NAFTA)
11. Domestic Trade