__________________ is the limited supply of something.
What does an economic system do?
Which of the following is NOT a question that should be answered when determining an economic system?
In a _______________ economy, the customs and habits of the past are used to decide what and how goods will be produced, distributed, and consumed.
In a centralized ________________ economy, government planning groups make the basic economic decisions.
In a decentralized _____________ economy, decisions are guided by changes in prices that occur between individual buyers and sellers in the marketplace.
There are no exampes of ______________ economy in Europe.
Although the new Russian Federation has adopted a more _________ economy, the former Soviet Union was an example of a __________ economy.
All economies are mixed.
Most of Europe operates in a _______________ economy.
Which of the following is not a trade barrier?
What is the voluntary exchange of goods and services among people and countries?
Countries limit trade by creating trade _____________.
The most common trade barriers are ______ and ______.
a tax on imports
a limit placed on the number of imports that may enter a country
a government order to stop trading with another country
The European Union is a
In a free trade zone, there are not
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