Examlex
In one of the cross-cultural miscues in your textbook,the American exchange student to Argentina should not have given her host family a set of steak knives because:
Tariffs
Taxes imposed by a government on imported goods, often used to protect domestic industries from foreign competition.
Quotas
Limits set by governments on the quantity of goods that can be imported or exported over a certain period.
GATT
The General Agreement on Tariffs and Trade, an international treaty designed to reduce tariffs and other barriers to trade between member countries.
International Agreement
A formal accord between two or more countries that outlines specific commitments each nation agrees to fulfill, often related to trade, defense, or cultural exchanges.
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