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GBHS-Chapter 20-JDM
Trade Connections
Question | Answer |
---|---|
What is Chapter 20 about? | Trade Connections |
What are Linkages? | Places being connected by the movement of people goods or info. |
What is a Global Economy? | The linkages of the whole world. |
Imported fuel | Fuel which comes from outside the area. |
Goods from another country are called ______? | Imports |
Goods sent to another country are called ______? | Exports |
Exported fuel | Fuel sent |
What is the economy scale? | Mass producing larger quantities to decrease the cost of making it. |
Governments sometimes impose _______? | tariffs |
To limit imports use...? | quotas |
Protectionism | The imposing of tariffs and quotas. |
The opposite of protectionism is what? | Free Trade |
Trading blocs | A group of countries which lower tariffs and other taxes to make shipping cost less. |
NAFTA stands for? | North American Free Trade Agreement |
First in World Production of ZINC | Canada |
80% of minerals are_ _ _ _ _ _ _ _ | Exported |