How can countries sell what they produce best so that they can buy the products they need from other countries?

When the value of a country's currency goes up compared to another country's, it has this.

Why would a country choose to lower the value of its currency?

Between 1980 and 2000, the United States ran up a trade deficit of about $330 billion because of this.

A country can have an unfavorable balance of trade with one country and a favorable balance of trade with another.

The United States is so rich in resources, it doesn't need to trade with other countries.

If no one wants to buy products from a country, the value of its currency decreases.

Imports are goods and services that one country sells to another country.

Quotas and tariffs are type of trade barriers.

One country's exports are another country's _____.

A corporation that does business in many countries and has facilities in many coutries is a _________ corporation.

The difference between how much a country imports and how much it exports is called its

In what decade did we say that the United States went from a trade surplus to a trade deficit?

Pesos, euros, and yen are examples of _____.

If no one wants to buy products from a country, the value of its currency _______.

The price at which one currency can buy another country's currency is called the _______.

When the value of a country's currency goes up compared to another country's currency, it has this.

A tax on imports is called a _____.

With what country do we currently have an embargo?

A limit placed on the amount of a product that can be imported is called a _____.

When a government stops the imports or exports of a product, it is called a what?

The practice of putting limits on foreign trade to protect businesses at home.

A conflict over global competition is known as a _____.

The former trade alliance between the United States, Mexico, and Canada is known as _____.

When a country imports more than it exports, it has a trade deficit, which means it is in debt.

To limit competition from other countries, governments put up trade barriers to keep foreign products out.

Banks where different currencies are exchanged.