Setting a limit on the quantity of a product that may be imported or exported within a given period to regulate international trade is called?

International Business

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Business
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9th Grade
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Hard
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1.
FLASHCARD QUESTION
Front
Back
Quota
2.
FLASHCARD QUESTION
Front
___________ is a tax that a government places on certain imported products
Back
Tariff
3.
FLASHCARD QUESTION
Front
Stopping the export and import of a product is known as?
Back
Embargo
4.
FLASHCARD QUESTION
Front
__________________ reduces trade barriers and encourages trade between countries.
Back
Free-trade agreements
5.
FLASHCARD QUESTION
Front
Buying goods and services from another country is considered?
Back
Importing
6.
FLASHCARD QUESTION
Front
Selling goods and services to another country is considered?
Back
Exporting
7.
FLASHCARD QUESTION
Front
When your exports are greater than your imports, this exists?
Back
Trade surplus
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