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In 1987, the United Nations General Assembly passed a resolution that prohibited countries from buying oil from South Africa in an effort to persuade the nation to end the racist policies of apartheid. This is an example of a(n)
embargo
super cool
super awesome
One nation will focus resources on its specialty, forcing it to buy other products from other nations.
who will get the goods and services produced
Tariffs raise prices on imports, while quotas set limits on imports.
awesome
A high degree of individual freedom is offered.
Which statement BEST reflects the difference between tariffs and quotas?
embargo
super cool
super awesome
One nation will focus resources on its specialty, forcing it to buy other products from other nations.
who will get the goods and services produced
Tariffs raise prices on imports, while quotas set limits on imports.
awesome
A high degree of individual freedom is offered.
Which question is MOST LIKELY a fundamental economic question?
embargo
super cool
super awesome
One nation will focus resources on its specialty, forcing it to buy other products from other nations.
who will get the goods and services produced
Tariffs raise prices on imports, while quotas set limits on imports.
awesome
A high degree of individual freedom is offered.
how cool am i?
embargo
super cool
super awesome
One nation will focus resources on its specialty, forcing it to buy other products from other nations.
who will get the goods and services produced
Tariffs raise prices on imports, while quotas set limits on imports.
awesome
A high degree of individual freedom is offered.
How might specialization encourage trade?
embargo
super cool
super awesome
One nation will focus resources on its specialty, forcing it to buy other products from other nations.
who will get the goods and services produced
Tariffs raise prices on imports, while quotas set limits on imports.
awesome
A high degree of individual freedom is offered.
Which statement describes one advantage of a market economy?
embargo
super cool
super awesome
One nation will focus resources on its specialty, forcing it to buy other products from other nations.
who will get the goods and services produced
Tariffs raise prices on imports, while quotas set limits on imports.
awesome
A high degree of individual freedom is offered.
your teacher is...
embargo
super cool
super awesome
One nation will focus resources on its specialty, forcing it to buy other products from other nations.
who will get the goods and services produced
Tariffs raise prices on imports, while quotas set limits on imports.
awesome
A high degree of individual freedom is offered.
how awesome are you?
embargo
super cool
super awesome
One nation will focus resources on its specialty, forcing it to buy other products from other nations.
who will get the goods and services produced
Tariffs raise prices on imports, while quotas set limits on imports.
awesome
A high degree of individual freedom is offered.
Check it!