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10 Cards in this Set

  • Front
  • Back
NATURAL RESOURCES
Products of the Earth that people use to meet their needs (wind,water, oil)
RENEWABLE RESOURCES
resources that cannot be used up, or can be replaced naturally or grown again (wind, sun)
NON-RENEWABLE RESOURCES
resources that are provided in limited supply by Earth and cannot be replaced (coal, oil, natural gas)
EXPORT
trading of products that are not needed
IMPORT
buying of resources or products from another country
QUOTA
number limit on how many items of a particular producct can be imported from a particular country
TARIFF
a tax added to the price of goods that are imported
FREE TRADE
taking down trade barriers so that goods flow freely among countries
DEVELOPED COUNTRY
a country with a great deal of manufacturing
DEVELOPOING COUNTRY
countries working toward industrialization