Chapter 9

The flashcards below were created by user Ruth5151 on FreezingBlue Flashcards.

world price

the price of a good that prevails in the world market for that good
tariff

a tax on goods produced abroad and sold domesically
import quota

a limit on the quantity of a good that can be produced abroad and sold domestically

Author

ID

19815

Card Set

Chapter 9

Description

A.P. Economics textbook, Chapter 9 vocabulary

Updated

2010-05-19T00:04:54Z

Show Answers