Vocabulary Terms
Odds & Ends
Trade Barriers
Trade Barrier Situations
100

Define the term exports.

Goods that are sold to another country

100

What is the capital of Delaware?

This is a filler question. 

Dover

100

Define the term tariff.

Tax on imported goods

100

The United States government required all food factories to clean their floors daily. 

This is an example of what trade barrier?

Product Regulation

200
Define the term imports

Goods bought from another country

200

Who were the fertilizer men?

The men who stirred the giant vats of meat in the factory
200

Define the term embargo

When one country refused to trade with another country

200

The Canadian government places a 25% tax on all cotton from France.

This is an example of what trade barrier?

Tariff

300

In which city was most meat processed during the 19th century?

This is a filler question. 


Chicago

300

Define the term specialization. 

The process by which countries become experts at making select goods 


300

Define the term quota

Limit on imported goods

300

England will only buy 25,000 cars from Italy in 2025. 

This is an example of what trade barrier?

Quota

400

Who is the author of "The Jungle"?

Upton Sinclair

400

What is the capital of the United States?

This is a filler question. 

Washington DC

400

Define the term product regulation.

Laws dealing with the production, packaging & shipping of manufactured goods

400

Greece refuses to trade with North Korea.

This is an example of what trade barrier?

Embargo

500

Define the term interdependence.

The theory that people must depend on one another to get everything they need and want.

500

What is the capital of New Zealand?

This is a filler question. 

Wellington

500

Define the term subsidies

Government money given to industries to produce a good

500

The European Union gives money to farmers to produce potatoes. 

This is an example of what trade barrier?

Subsidies

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