The Peg-Word Method Is a Mnemonic Device in Which a Person

question 246

True/False

The peg-word method is a mnemonic device in which a person chooses a pathway, and then forms visual images of the to-be-remembered items in locations along the pathway.

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Definitions:

Foreign Producers

Companies or individuals that produce goods or services in a country other than where the products are consumed.

Quota

A government-imposed trade restriction that limits the number or monetary value of goods that can be imported or exported during a specified time.

Tariff

A tax imposed on imported goods and services to raise their price, thereby protecting domestic industries from foreign competition.

Liberalize International Trade

The process of reducing tariffs, quotas, and other barriers to allow for the free flow of goods and services across national borders.