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The goods and services that we buy from other countries are our _______ , and the goods and services that we sell to people in other countries are our ________ . |
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A ________ is a tax on a good that is imposed by the importing country when an imported good crosses its international boundary. |
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_____________occurs when a foreign firm sells its exports at a lower price than its cost of production. |
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______________ is lobbying for special treatment by the government to create economic profit or to divert consumer surplus or producer surplus away from others. |
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An _____________ is a restriction that limits the quantity of a good that may be imported in a given period. |
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______________ - buying goods, components, or services from firms in other countries—brings gains from trade identical to those of any other type of trade. |
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