Examlex
Identify and state the historical significance of the following:
-Baron von Steuben
Tariffs
Taxes imposed on imported goods, often used to protect domestic industries from foreign competition.
Fair Trade
A social movement and market-based approach that aims to help producers in developing countries achieve better trading conditions and promote sustainability.
Free Trade
International trading practices characterized by minimal governmental intervention regarding tariffs, allowing for the unobstructed exchange of goods and services.
General Agreement on Trade and Tariffs
An international trade agreement signed in 1947, aimed at reducing tariffs and other trade barriers to promote global economic exchange.
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