Short Answer
Locate the following places by reference number on the map:
The United States and Its Territories Following the Missouri Compromise of 1820-1821
-____ Erie Canal
Understand the role of exchange rates and balance of trade in international economics.
Evaluate the arguments for and against free trade.
Assess the economic implications of trade deficits and surpluses.
Understand the role of government revenue generation through tariffs.
Definitions:
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