Hicks Unit 3 vocab 11-20
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way of restricting or limiting trade by tariffs, embargos, and quotas
a tax on imported goods
a limit placed on the number of imported goods that may enter a country
a government order stopping trade with anouterh country to put pressure on the goveernment of that other country
spending money or goods in order to gain profitable returns (make more $)
workers of a business or country including their education, training, skills and health
machines or tools used to manufacture goods
gross domestic product; the total value of all the final goods and services produced in a country in one year.
things a country uses from nature to make money or things. (water, timber, minerals, oil)
risking one's own money, time, idea and energy to start a business.
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