____________ Is the Most Common Form of Third-Party Intervention That

question 68

Short Answer

____________ is the most common form of third-party intervention that is largely procedural in nature.

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Definitions:

Tariffs

Taxes or duties to be paid on a particular class of imports or exports.

Quotas

Limits set on the quantity or value of goods that can be imported or exported over a specified period.

Countertrade

A form of international trade in which goods or services are exchanged for other goods or services, rather than for hard currency.

Exports

Goods, services, or technology sent out of a country to sell in international markets, contributing to a nation's economy.