Key Terms Instructions: Please Define the Following Key Terms. Show Who

question 102

Essay

Key Terms
Instructions: Please define the following key terms. Show Who? What? Where? When? Why Important?
Action Française

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Definitions:

Service Tax

A tax levied by the government on service providers on certain service transactions, but is actually borne by the customers.

Quotas

Limits set by governments on the amount of a specific good that can be imported or exported during a given time frame, often used as a way to regulate international trade.

Domestic Industries

Industries that produce goods and services within a country's borders for local consumption.

Prevent Dumping

Strategies or policies implemented to protect a country's domestic industry by limiting the importation of cheaply priced foreign goods.