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AP Gov Ch. 16 Vocab
| Term | Definition |
|---|---|
| Foreign Policy | Area of policy making that encompasses how 1 country builds relationships w/ other countries in order to safeguard its national interest. |
| Free Trade System | System of international trade that limits government interference on the sale of goods & services among countries. |
| International Monetary Fund | International governmental organization designed to stabilize international currency transactions. |
| Joint Chiefs of Staff | Military advisory body that includes the Army chief of staff, the Air Force chief of staff, the chief of naval operations, & the Marine commandant. |
| National Security Council | Agency w/in the White House, led by the national security advisor, which brings together key foreign policy actors to advise the president. |
| North American Free Trade Agreement | Agreement that promotes fee movement of goods & services among Canada, Mexico, & the US. |
| North Atlantic Treaty Organization | 1st peacetime military treaty joined by the US; NATO is a collective security pact that includes the US, Canada, & parts of Europe. |
| Protectionism | Trade policy wherein a country takes steps to limit the import of foreign goods through tariffs & subsidies to domestic firms. |
| Tariffs | Taxes on imported goods. |
| Trans-Pacific Partnership | Proposed agreement between the US & 11 other nations on the Pacific Rim intended to substantially lower tariffs & protect intellectual property. |
| World Trade Organization | International organization that replaced General Agreement on Tariffs & Trade in 1995 to supervise & expand international trade. |