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Chapter 9

  1. world price
    the price of a good that prevails in the world market for that good
  2. tariff
    a tax on goods produced abroad and sold domesically
  3. import quota
    a limit on the quantity of a good that can be produced abroad and sold domestically
Author
Ruth5151
ID
19815
Card Set
Chapter 9
Description
A.P. Economics textbook, Chapter 9 vocabulary
Updated

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