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.
Answer: A. True
Explanation:
The basic principle associated with the economics is that the goods, products, and services are limited and demand increases considerably to produce them. The resources used for the production also increases considerably. The scarcity principle of economics deals with the limited supply of the goods that is coupled with the increase in demand this results in the mismatch between the demand equilibrium and desired supply.
Answer: change in supply: is an economic term that describes when the suppliers of a given good or service alter production or output
Explanation:
Hope this help
Answer:
not notice the older woman
Explanation:
With a lot of people in one place, it more difficult for Arlette to see the older woman and notice her problem. She probably only looks at what is in front of her eyes and in her way, not the sides if she is in a hurry or entertained with something. The noise who emit the people blocks the sound of the pain of the old lady.