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5 Cards in this Set
- Front
- Back
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Trade deflict |
Spending more money on imports than earning from exports |
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Commodity |
Goods produced for sale |
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Tariff |
A tax on imports or exports |
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Trade surplus |
Earning more money from export sales than spending on imports |
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Postindustrial |
An economy with less emphasis on heavy industry and manufacturing and more emphasis on service and technology. |
