The government or state owns and controls all major factors of production and is
philosophically an economically classless society
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Comunism
,A group of countries committed to removing all barriers to the free flow of goods
and services between each other, but pursuing independent external trade policies.
- NAFTA
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Free Trade Area
An import tax that assigns a fixed dollar amount per physical unit
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Specific Tariff
currency values are determined by the supply
and demand. Sometime called "clean float"
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Independent floating
role is to promote exchange rate stability, lend countries FX for BOP problems
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, International Monetary Fund (1944)
a pure form of democracy, in which all adult citizens vote directly on matters affecting
the community
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Athenian Democracy
Customs duties on imports that are collected by a designated government agency
responsible for regulating imports
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tariffs
Quantitative Restrictions (QRs) limit the amount or number of units of products that
can be imported to a country
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import quotas
Taxes meant to raise export cost and divert production for home consumption
philosophically an economically classless society
Give this one a try later!
Comunism
,A group of countries committed to removing all barriers to the free flow of goods
and services between each other, but pursuing independent external trade policies.
- NAFTA
Give this one a try later!
Free Trade Area
An import tax that assigns a fixed dollar amount per physical unit
Give this one a try later!
Specific Tariff
currency values are determined by the supply
and demand. Sometime called "clean float"
Give this one a try later!
Independent floating
role is to promote exchange rate stability, lend countries FX for BOP problems
Give this one a try later!
, International Monetary Fund (1944)
a pure form of democracy, in which all adult citizens vote directly on matters affecting
the community
Give this one a try later!
Athenian Democracy
Customs duties on imports that are collected by a designated government agency
responsible for regulating imports
Give this one a try later!
tariffs
Quantitative Restrictions (QRs) limit the amount or number of units of products that
can be imported to a country
Give this one a try later!
import quotas
Taxes meant to raise export cost and divert production for home consumption
