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15 Cards in this Set
- Front
- Back
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The way of life for a group of people who share traditions, interests, beliefs, and everyday activities.
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Culture
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A nation's money.
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Currency
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A ban on trade with another country for one or all of it's goods.
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Embargo
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To permanetly leave one country for another.
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Emigrate
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A good or service sold to another country.
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Export
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A belief that products should be free to move from country to country without barriers.
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Free Trade
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To permanently enter a new country from a new country to another.
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Immigrate
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A good or service bought from another country.
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Import
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An agreement between the governments of the United States, Mexico, and Canada to lower trade barriers on one another's products.
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North American Free Trade Association
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A control on the amount of a product that can be imported into a country.
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Quota
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A requirment that stops or limits the sale of a product not meeting specifications.
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Standard
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A tax on a good imported into a country.
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Tariff
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An exchange of a good or service.
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Trade
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A rule or law that slows or prevents trading with other nations.
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Trade Barriers
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An organization acting as a court to hear and settle trade disputes among to member nations.
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World Trade Organizations
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