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GBHS-geog-ch20-abh
gbhs-chapter 20-trade conections
question | answer |
---|---|
what is chapter 20 about? | it is about trade conections |
what are linkages? | linkages occur whenever places are conected by the movement of people, goods, or information. |
what is global economy? | th elinks between Canada and the rest of the world. |
what is imported fuel? | fuel that comes into Canada from another country |
what is exported fuel? | fuel from Canada sent to another country from Canada |
goods from another country are called | imports. |
goods we send to another country are called? | exports. |
what is Canada's leading agricultural export? | Canadas leading agricutural export is wheat. |
what is the economy of scale? | the economy of scale is the lowest cost per unit that results in mass production of a product. |
what is tariff? | a duty or tax placed on goods. |
what is quotas? | a limit placed on the number or value of product being imported into a country. |
what is free trade? | free trade is a reduction or elimation of triffs and quotas on exports and imports. |
what are trading blocs? | are a group of countries that share lower tariffs and specials trading privilages. |