Please Define the Following Key Terms

question 27

Short Answer

Please define the following key terms.
-Catherine's Instruction

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Definitions:

Imports

Goods or services brought into a country from abroad for sale.

European Union

A political and economic union of 27 European countries that have agreed to abide by common policies on a range of issues, including trade, security, and laws.

Trade Barriers

Measures used by countries to restrict international trade and protect domestic industries, including tariffs, quotas, and subsidies.

Accounting Services

Professional services that include the maintenance, auditing, and reporting of financial statements and records for individuals or businesses.