Vocab

2. Innovates new products technology which disrupts the staus quo in a market
6. laws that block imports sold below the cut of production and impose tarrif that would increase the price
7. the argument that there are compelling nationqal interest againts depending on key imports from other nations
10. how a good is produces in stages
13. Internatioal trade of goods within the same indutry
14. organization that seekjs to negotiqates reductions in barriers to trade and to adjudicate complaits about violation ofthe international trade policy
15. economic agreement between members countries to allow free trade in goods service labor
16. Forum in which nations could come together to negotiate reductions in tariff and other barriers to trade
18. economic agreement between countries to allow free trade between members

1. taxes that governments place on imported goods
3. when production locates in countries with the lowest enviromet
4. governemts policies to reduce or block import
5. many of the different stages of producing a good happen indifferent geographic locations
6. When a country can use fewer resources
8. economic agreement between countries to allow free trade between members
9. numerical limits on the quantity of products that a country can import
11. A country that can consume more than it can produce
12. ways a nationcan draw up rules
17. selling internationally trade goods below their cost of production