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