International Business

International Business

Assessment

Flashcard

Business

9th Grade

Hard

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23 questions

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1.

FLASHCARD QUESTION

Front

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?

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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