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Economy and trade barriers. Flashcards | StudBud
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Economy and trade barriers.
What does trade barriers do?
What is entrepreneurship
Economy and trade barriers.
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1
What is entrepreneurship
were someone looks for places to work at
Were someone makes jobs
2
What does trade barriers do?
Limits how many items can be imported to a country.
A way to tell country's that they don't want to trade because they mean. :(
Put taxs on a item.
Stops all trade in some country's.
3
A mixed economy can be parts of command and market.
False
True
4
How is this Quiz?
Great!
Great!
Great!
Great!
5
What is a embargo?
Were an item has a tax placed on it.
were a country bans trade with other country.
Were a limit of items can be imported
6
What is a trade barrier?
A barrier to make things complicated
A barrier to limit trade
A barrier made to stop trade.
A way for government to make money
7
A command economy is where people can do what they want.
True
False
8
Is free trade were you cant trade at all.
True
False
9
What is a natural trade barrier
Where mountains, lakes, etc. makes a trade barrier
Where the government makes trade barriers
10
a market economy is were people can do what's best for their business.
True
False
11
What is a command economy?
Where business owners can control what their business does.
The government controls everything.
Their are no laws and people can do what ever they want.
A place where animals control the area
12
Name the three types of economy
Market, mixed, command
Germany, U.K., Russia
Human capital, capital goods, and natural resources.
Command, traditional, market.