Unit 1 Economics Vocabulary Terms

Match it! Select the correct answer from the pull down...Good luck!

Limits the number of items that are imported into a country

A tax placed on goods that are imported into a country

One country refuses to trade with another.

Type of economy based on what people want to buy and sell

Type of economy based on traditions and customs; bartering is used

Management of money and resources

Restrictions on buying and selling goods between countries

Exchanging one item such as currency for another item