specialization and global trade

when a(n) country focuses on it´s resources on producing only some it can consume

• specialization

• import

• tariff

• embargo

global trabe

• countries around the world trade with each other

• goods and services sold to another country

• goods and supply

Tags

CCSS.RI.6.4

CCSS.RI.7.4

CCSS.RL.5.1

CCSS.RL.6.4

CCSS.RL.7.4

Goods and services exported to another country.

• import

• services

• export

• goods

goods and services bought and brought in from another countries

• export

• tariff

• import

• embargo

when countries or regions depend on one another for goods and services

• tariff

• quota

• currency

• interdependent

Trade or policy that restrict enter nation trade

• trade barrier

• quota

• tariff

• embargo

A taxed on importing goods.

• emporting

• exporting

• embargo

• tariff

Tags

CCSS.RI.4.5

CCSS.RI.5.5

CCSS.RI.6.5

CCSS.RI.7.5

CCSS.RI.8.5

A limit on the quantity of an item brought into a country

• quota

• embargo

• import

• export

A ban on trade with a specific nation or group of nations

• currency

• global trade

• embargo

• export

the system of money used in a particular country.

• exchange rate

• currency

• quota

• tariff