Specialization
A country becoming an expert in a subject, skills, or trade
What is specialization?
A ban on an item or import
What is an Embargo?
Why was the USMCA created?
It reduces or eliminates trade between the 3 countries.(United States, Mexico, and Canada)
What does it mean to trade?
Swapping items without
What is a Quota?
What is a Quota?
A tax on imports
What is a Tariff