Trade 2.0 / 5 based on 1 rating ? GeographyGCSEAQA Created by: Hester TooveyCreated on: 07-04-13 20:24 The importing and exporting of goods with no restrictions Free Trade 1 of 8 A type of inter-governmental agreement to reduce regional barriers to trade with countries participating Trade bloc 2 of 8 Money given to encourage the development of a product which may not otherwise be economically viable Subsidy 3 of 8 The transfer of goods/services from one person to another Trade 4 of 8 A charge on goods/services entering a country Tariff 5 of 8 The actions of a government to support its industry by taxing goods bought from other countries Protectionism 6 of 8 A limit set on production to avoid surpluses Quota 7 of 8 Protecting a country's industry by blocking trade from other countries Restricted Trade 8 of 8
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