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Chapter 9. Application: International Trade
A B C D E F G H I J K L M N O P Q R S
T U V W X Y Z
I
import quota
a limit on the quantity of a good that can be produced abroad and sold domestically
T
tariff
a tax on goods produced abroad and sold domestically
W
world price
the price of a good that prevails in the world market for that good
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