Global Legal Structures Are Designed to Either Encourage or Limit

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The Answer is TARIFF.A tax levied on the goods entering a country. QUOTA.A limit on the amount of a specific product that can enter a country. BOYCOTT.An exclusion of all products from certain countries or companies. EXCHANGE CONTROL.A law compelling a company earning foreign exchange from its exports to sell it to a control agency such as a central bank. TRADE AGREEMENT.Agreement to stimulate international trade such as the General Agreement on Trade and Tariffs (GATT)or the North American Free Trade Agreement (NAFTA). MARKET GROUPING.Trade alliances such as GATT or the European Community (EC)in which several countries agree to work together to form a common trade area that enhances trade opportunities.

Global Legal Structures Are Designed to Either Encourage or Limit

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Global Legal Structures Are Designed to Either Encourage or Limit

Essay

Correct Answer:VerifiedShow Answer

Correct Answer:
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