15 Week Economics U6 E45-47

Front

Non-Tariff Barriers: Quotas, Tariffs, Subsidies, Regulations and Safety Standards

Back

Regulations and Safety Standards

Front

Limits on Imports: Quotas, Tariffs, Subsidies, Regulations and Safety Standards

Back

Quotas

Front

Financial Aid for Domestic Producers: Quotas, Tariffs, Subsidies, Regulations and Safety Standards

Back

Subsidies

Front

The U.S. limits the volume of Canadian beef that can be imported each year.

Back

Quotas

Front

A tax on imports

Back

Tariffs

Front

The U.S. gives money to renewable energy firms. Options: Quotas, Tariffs, Subsidies, Regulations and Safety Standards

Back

Subsidies

Front

What is a cultural benefit of trade?

Back

China celebrates Christmas

Front

What is an example of Absolute Advantage? Options: New Zealand apples at Kroger, China celebrates Christmas, Free trade between the U.S., Canada, and Mexico, Brazilian coffee production

Back

Brazilian coffee production

Front

NAFTA

Back

Free trade between the U.S., Canada, and Mexico

Front

Trade is the ___________ exchange of goods and services.

Back

voluntary