Vocab Word
What is the meaning of Duty
A tax on imports or exports
What is the capital of Canada
Ottawa is the capital of Canada.
What the vocab word of
A tax on imports or exports.
Duty
This meaning is: The value of what you have to give up in order to choose something else.
Opportunity Cost
What does Human capital means.
The talents skills and labor of people that can be used to produce goods and services.
Canada is what largest?
Canada is the second largest country.
What the vocab word of
A limit on quantity or a good that can imported.
Quota
This meaning is:A tax that is placed on goods and brought into one country from another.
Tariff
The opportunity cost of not buying quickly is great.
How many provinces in Canada?
What the vocab word of
A ban on trade with a specific nation or group of nations.
Embargo
This meaning is:An economic system based on supply and demand, in which coasumers and produce can buy and sell what they want.
Market Economy
what is the meaning of Traditional economy
An economy based on traditional customs and values.
There are more than 100.
What the vocab word of
The talents skills and labor of people that can be used to produce goods and services.
Human Capital
This meaning is:The percentage of adults who can read and write.
Literacy Rates
What the meaning of quota?
a limit on quantity of a good that can imported.
What language does Canada speak?
Canada people official speak french english.
What the vocab word of
A tax that is placed on goods brought into one country from another.
Tariff
This meaning is:An economic system based on government control and regulation.
Command Economy.