Europe Trade Vocab Flashcard

Front

the exchange of goods and services

Back

trade

Front

something that restricts you from doing something

Back

barrier

Front

focusing on one job or making one product really well

Back

specialization

Front

a ban on trade

Back

embargo

Front

taxes placed on imported goods

Back

tariffs

Front

restrictions on the amount of a good that can be imported into a country

Back

quota

Front

something assigned value to purchase goods and services in a market

Back

currency

Front

what the currency of a nation is worth in terms of another country's currency

Back

currency exchange rate