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AR Entre 2 U4
Arkansas Entrepreneurship II Unit 4
| Term | Definition |
|---|---|
| culture | the set of customs, beliefs, and social attitudes that characterize a particular group of people. |
| exports | products and services that are produced in one country and sent to another to be sold. |
| imports | products and services that are brought in from another country to be sold. |
| marketing expansion | increasing market share for a product or service within a given market in a given area |
| quota | a limit on the amount of a product that can be imported into a country over a particular period of time |
| tariff | a tax on imports |
| trade barriers | methods for keeping foreign businesses from competing with domestic producers |