Unit 3 Trade and environmental Issues

A system in which individuals and businesses have the right to buy or sell products as they want, at their own discretion.

• opportunity costs
• scarcity 
• domestic
• voluntary trade

1.  An organization among European Nations created in 1993 for the purpose of creating a single economic market in which there are no barriers to trade, services, or capital among the member states; their currency is called the Euro.

• United States
• NAFTA
• United Nations
• European Union

1.   Condition in the atmosphere when vehicle exhaust and factory smoke mix with fog.

• fallout
• Nuclear disaster
• smog
• acid rain

Anything accepted as a means of exchange (

• embargo
• tariff
• quota
• currency

 The location of the 1986 nuclear disaster in Ukraine that killed hundreds of people, contaminated the water, air, and soil, and forced the residents to abandon the city.

• Chicago
• Cherokee
• Chernobyl
• Russia

 A government order that prohibits trade with other countries

• sanction
• embargo
• tariff
• quota

The act of economically punishing another nation

• tariff
• sanction
• quota
• embargo

 The presence of contaminates or pollutant substances in the air that interfere with human health or welfare or produce other harmful environmental effects

• acid rain
• air pollution
• noise pollution
• water pollution

A tax or fee on imported goods

• tariff
• sanction
• quota
• embargo

An environmental hazard cause by polluting gases mixing with precipitation; harmful results include causing forests to die, statues to erode, and water supplies to become contaminated.

• acid rain
• air pollution
• smog
• nuclear disaster