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MATCHING Match Each Statement to the Item Listed Below

question 2

Multiple Choice

MATCHING
Match each statement to the item listed below.
-Information exchange among people from different cultures.


Definitions:

Trade Deficit

A situation that occurs when a country imports more goods and services than it exports.

Import

Goods or services brought into one country from another for the purpose of sale.

Tariffs

Taxes imposed by a government on imported or exported goods to regulate trade, and often used to protect domestic industries.

Trade Quotas

Restrictions set by a country on the quantity of goods that can be imported or exported over a specified time period.

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