the exchange of goods and services
Europe Trade Vocab Review

Flashcard
•
Social Studies
•
6th Grade
•
Hard
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8 questions
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1.
FLASHCARD QUESTION
Front
Back
trade
2.
FLASHCARD QUESTION
Front
something that restricts you from doing something
Back
barrier
3.
FLASHCARD QUESTION
Front
focusing on one job or making one product really well
Back
specialization
4.
FLASHCARD QUESTION
Front
a ban on trade
Back
embargo
5.
FLASHCARD QUESTION
Front
taxes placed on imported goods
Back
tariffs
6.
FLASHCARD QUESTION
Front
restrictions on the amount of a good that can be imported into a country
Back
quota
7.
FLASHCARD QUESTION
Front
something assigned value to purchase goods and services in a market
Back
currency
8.
FLASHCARD QUESTION
Front
what the currency of a nation is worth in terms of another country's currency
Back
currency exchange rate
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