Trade Barriers
Published on Nov 18, 2015
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PRESENTATION OUTLINE
TRADE BARRIERS/EFFECTS.
BRIANNA GONZALES, JORDAN BROWN, TRACI HAMILTON, ASHLEY BARRERA, RAQUEL BARRON
Photo by *Muhammad*
TRADE BARRIER:
A MEANS OF PREVENTING A FOREIGN PRODUCT OR SERVICE FROM FREELY ENTERING A NATIONS TERRITORY.
Photo by Grey World
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
EXCHANGE RATES:
THE VALUE OF A FOREIGN NATIONS CURRENCY IN TERMS OF THE HOME NATIONS CURReNCY
Photo by Dominic's pics
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
FLEXIBLE ExCHANGD RATE SYSTEM:
- Currency system that allows the exchange rate to be determined by supply and demand
Photo by Andreas-photography
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-...
