The U.S will not trade with Cuba.

I sell pies because my grandmother sold them.

Raw material needed to make products.

Credit is when you borrowing money to buy something now pay for it at a later date.

Who profits in voluntary trade?

Only 5,000 toy trucks can be deivered to the U.S.

I have to sell rubber ducks because the government told me to.

Machines,factories and technology used to make good.

Expenses is money.

Which country is right under Niger.

You import 500 cars and you pay a tax on them.

The government doesn't have any say.

A person who take rise to open a business/enterprise.

Tariff is a tax.

Name the 3 trade barriers.

You only allow 200 rubber ducks to be imported to your country.

Indivuals make all the decisions.

Countries with more reasources will have a stronger ........

Anarchism is when there is more government control

If the market price of a good is more than the opportunity cost of producing it what happens

Cuba will not trade with the U.S.

is a type of command economic system. in which only major industries have been subjected to government management;

What are the four factors of production/(name at least 3)

Quotas is the most common trade barrier.

what country is above Nigeria?