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international vocab

question Answer
balance of trade The difference between exports and imports
embargo goods and services sold to other countries
European union Free trade among European nations, all using the eruo.
globalization occurs when a company does not change anything about its product or promotion.
international trade the exchange of goods and services among nations.
north american free trade (NAFTA) trade agreement between Canada, the United States, and Mexico
tariff a tariff is a tax on imports
world trade organization (wto) a global group of nations that make the rules governing international trade.
Created by: mramirez7539
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