Economic Terms

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A economic model where government planners make ALL business and financial decisions is called;

Trading goods with no money exchanged is called;

A blend of market, command, and traditional economies is called;

This term refers to the products which originating in one's own country.

A trade barrier that places a limit on imported goods is called;

A trade barrier that blocks all trade with another nation is called;

Any activity which slows or outright blocks the free exchange (trade) of goods and services between nations is called;

A trade barrier which places a tax on imported goods is called;