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SHMS 6th SS Vocab 4
SHMS 6th Grade Social Studies Vocab 4
|Obstacles to trade. They make trade between two countries harder.
|A charge incurred by a citizen’s person, property, or activity for the support of government
|Taxes on imported goods. They raise prices on foreign imported goods, making locally made goods cheaper; therefore, they help local businesses.
|The limit the amount of foreign goods that may be imported in a given amount of time.
|When one nation refuses to trade with another nation.
|North American Free Trade Agreement (NAFTA)
|An agreement between the United States, Canada, and Mexico to remove all tariffs to increase trade between the three countries.
|Something that is assigned value. It can be used to buy goods and services in a market. It is usually called money.
|the act of a country taking control of an area outside of its borders
|the ability to read and write
|a plan for using money
|the ability of a customer to obtain goods or services before payment