1. Economics
2
3
2.
Balance of Trade
Goods being shipped out
of the mother country to
be sold in a foreign
country
5
3.
Domestic
4.
Foreign
another word for a tax
levied against a foreign
good.
5.
Imports
6.
Exports
Goods being brought into
a country from another
country
7.
Competition
8.
Monopoly
a belief that exports
should be greater than
imports so that a country
can grow wealthier over
time relative to other
countries, especially rivals
9.
Tariffs
10. Duties