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- 1. Multiple Choice
Trade in goods
autarky
visible trade (GB) or merchandise trade (US)
balance of trade
quotas
- 2. Multiple Choice
Selling goods abroad at (or below) cost price
dumping
protectionism
autarky
deficit
- 3. Multiple Choice
Imposing trade barriers in order to restrict imports
balance of trade
autarky
protectionism
dumping
- 4. Multiple Choice
Quantitative limits on the import of particular products or commodities
quotas
tariffs
surplus
deficit
- 5. Multiple Choice
Taxes charged on imports
deficit
quotas
surplus
tariffs
- 6. Multiple Choice
A negative balance of trade or payments
deficit
dumping
protectionism
barter or counter-trade
- 7. Multiple Choice
A positive balance of trade or payments
quotas
deficit
tariffs
surplus
- 8. Multiple Choice
The difference between a country's total earnings from exports and its total expenditure on imports.
autarky
balance of trade
barter or counter-trade
balance of payments
- 9. Multiple Choice
Trade in services (banking, insurance, tourism, etc.
invisible imports & exports
surplus
tariffs
quotas
- 10. Multiple Choice
The difference between what a country receives and pays for its imports & exports of goods
balance of trade
deficit
balance of payments
dumping
- 11. Multiple Choice
Direct exchanges of goods, without the use of money.
protectionism
barter or counter-trade
deficit
autarky
- 12. Multiple Choice
The (impossible) situation in which a country is completely self-sufficient and has no foreign trade
deficit
surplus
autarky
protectionism
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