1. Embargo - An official ban or trade or other commercial activity with a particular country.
2. Tariff - Tax on imports.
3. Economic growth - The ability of the economy to increase the production of goods and services.
4. Specialization - Workers concentrate on producing those goods and services for which they have a competitive advantage.
5. Currency exchange rate - The price of one country's currency expressed in terms of another country's currency.
6. Quota - Limitation on imports.
7. Voluntary free trade - An ideal feature of a global economy; it is when each party involved in a trade expects to gain from the trade.
8. Trade barriers - Restrictions placed on trade, for example tariffs and quotas.
In spite of the wealth of the country Colombia and its natural resources such as coffee, emeralds and coal, Colombia has a turbulent history which caused a turmoil. And the answer to the given question is letter C. Powerful drug cartels and guerilla groups.
Answer:
Yes, there were.
Explanation:
The Winners, the arms and weaponry industry in both countries, the United States, and the Soviet Union. That was an essential part of the arms race between the United States and the USSR during the so-called Cold War. The losers, the people that lived in fear of another world war during those years, and the poor people that suffered from lack of basic necessities when the federal government was expending millions of dollars in weaponry instead of social programs, creation of jobs, and health services.
The Cuban Missile Crisis of October 1962 put the world on the brink of another world confrontation.
