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Trade Barriers
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Published on Nov 18, 2015
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1.
TRADE BARRIERS/EFFECTS.
BRIANNA GONZALES, JORDAN BROWN, TRACI HAMILTON, ASHLEY BARRERA, RAQUEL BARRON
Photo by
*Muhammad*
2.
TRADE BARRIER:
A MEANS OF PREVENTING A FOREIGN PRODUCT OR SERVICE FROM FREELY ENTERING A NATIONS TERRITORY.
Photo by
Grey World
3.
IMPORT QUOTAS
A limit on the amount of a good that can be imported
Photo by
khalid almasoud
4.
VOLUNTARY EXPORT RESTRAINTS
SELF IMPOSED LIMITATIONS ON THE NUMBER OF PRODUCTS THAT ARE SHIPPED TO A PARTICULAR COUNTRY
self imposed limitations on the number of products that are shipped to a particular country
Photo by
j_bary
5.
TARIFF
A TAX ON IMPORTED GOODS
Photo by
garycycles6
6.
EFFECTS:
Put a limit to supply
Increased prices of foreign goods
Trade wars
Photo by
sylvar
7.
EXCHANGE RATES:
THE VALUE OF A FOREIGN NATIONS CURRENCY IN TERMS OF THE HOME NATIONS CURReNCY
Photo by
Dominic's pics
8.
FIXED EXCHANGE RATE SYSTEMS:
CURRENCY SYSTEM IN WHICH GOVERNMENTS TRY TO KEEP THE VALUES OF THEIR CURRENCIES CONSTANT AGAINST ONE ANOTHER
The Brenton Woods Confrence resulted in the creation of a fixed exchange rate system for the U.S and much of Western Europe.
Photo by
Curtis Gregory Perry
9.
FLEXIBLE ExCHANGD RATE SYSTEM:
Currency system that allows the exchange rate to be determined by supply and demand
Photo by
Andreas-photography
10.
THE EURO:
THE OFFIVAL CURRENCY OF THE EUROPEAN UNION
One way to enjoy the advantages but avoid the difficulties of fixed exchange rates is to abolish currencies and establish a single currency.
Photo by
...-Wink-...
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