quota
what is a quota restricting
the amount of goods going into the country
what is a tariff
a tax going on importing goods into the country
what is an embargo
a ban on trade
you lose money or recourses
why do countries trade
to be better off than before
why do countries use quota
because another county is selling more of their chocolate the country will put a limit on how much can go into the country, so it the other country's chocolate gets more expensive
why do country's use tariffs
to put a tax on something going into the country
why do countries use embargo?
for economic leverage
what is a positive to trade
you gain money or Resouces
what is forced trade
slaves, and threats for goods