| A | B |
|---|
| restrict imports to protect domestic industries p79 | protectionism |
| goods & services sold to other countries p75 | exports |
| coalition of nations that makes rules governing int'l trade p79 | WTO |
| limits the quantity or the monetary value of an import p78 | quota |
| a trademark, patent, company name for $ p82 | licensing |
| difference in value b/w exports & imports (p. 77) | balance of trade |
| total ban on specific goods coming into & leaving a country p78 | embargo |
| buying goods from a foreign country p75 | imports |
| establishment of a business in a foreign country p84 | foreign direct investment |
| agreement comprised of US, Canada & Mexico p80 | NAFTA |
