| A | B |
|---|
| embargo | restricts or prohibits trade with another country |
| quota | number limit on how many imported products |
| tafiffs | taxes added to value of goods |
| trade barrier is anything that | blocks |
| name a physical trade barrier | landlocked country |
| international trade requires a system for | exchanging currencies |
| money from 1 country converted to another country | foreign exchange |
| example of human capital | skills training |
| investment in education | example of human capital |
| example of capital goods | factories |
| machinery/technology | example of capital goods |
| things that come from the land | natural resources |
| has important role in country's economy | natural resources |
| valuable for their creativity | entrepreneurs |
| GDP | gross domestic product |
