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IR Quiz 3

TermDefinition
Tariffs Tax on an import
Quotas limit on how much of a product a country can import
Subsidies actions taken to boost an industry
Currency Manipulation Printing money yo change exchange rates of a currency
Dumping when foreign companies set prices of a product lower than its normal price
Export Controls regulations of exports to protect a countrys national interests
Sanctions limits or prevents trade with a country to force it to do certain political action
Globalization the increasing integration and interconnectedness of national economies and societies
Neoliberalism liberalization of markets, privitization, deregulation, competition
Latecomer Advantage those who pull up late to the party can succeed by easier implementation of something
Created by: user-2058537
 

 



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