One country has an advantage over another causing_______ to occur.
___________ countries using have a higher education.
_____________ is when a particular country produces items with the lowest opportunity cost.
An ______ is when one country has the ability to produce more of a product using the same amount of resources.
True or False: The first barrier to trade is the government.
True or False: The balance between imports and globalization is called the balance of trad
NAFTA represents what?
What is it when limit on the amount of a specific good that can be imported?
The cooperation between two or more countries that reduce trade barriers and tariffs to encourage trade between members is called?
True or False: Globalization is governments, businesses, and people interact.
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