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What developments helped facilitate European expansion in the fifteenth and sixteenth centuries?
Highly Educated Workers
Individuals who have attained a high level of education, often including university degrees, which typically equips them with specialized skills.
Unskilled Workers
Workers who possess no specific skills or qualifications, and are therefore suited for jobs that require only basic tasks and minimal training.
Import Quota
A legal limit on the quantity of a good that can be imported.
Nontariff Barrier
Any form of restrictive regulation or procedure other than tariffs that countries use to control the amount of trade across their borders, including quotas, embargoes, sanctions, and levies.
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