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What else can I help you with?
Tax placed on foreign imports to control trade and protect a nations business is also called?
tarrif
Why do nations buy foreign currency?
Nations buy foreign currency primarily to stabilize their own currency's value, manage exchange rates, and influence trade balances. By accumulating foreign reserves, they can intervene in the foreign exchange market to prevent excessive volatility or depreciation of their currency. Additionally, holding foreign currency enables countries to facilitate international trade and investments, ensuring they can pay for imports and meet foreign obligations.
The use of trade to protect a nation's industries from foreign competition is called?
protectionism........
What is the nature of foreign trade?
Chinese against foreign trade
What is it called When one nation refuses trade with another?
An embargo is the act of one country banning trade with another country. This could just be with one industry, or trade with the entire country. A cartel is when a coalition of manufacturers tries to maintain a high price on an item and limit competition. Diffusion means to spread widely. In trade, this would probably mean to distribute a product over a larger area. Tariffs are when one country charges a foreign company to sell their product in the country.
The banning of trade through force is called a?
Trade embargo.
Tax placed on foreign imports to control trade and protect a nations business is also called?
tarrif
Why is sailing important?
Trade with foreign nations.
The banning of trade with a country?
banning of a trade with a country
Definition of foreign policy?
Foreign policy is the practices associated with a government's handling foreign nations. Nations can change their foreign policies at any time with the right votes.
When nations trade with other nations it is called?
chubby
Who would control trade between the US and foreign nations?
secretary of state
What purpose did foreign nations serve to the U.S. in the late eighteenth century?
To trade with
Can the president control trade with foreign nations?
He/She can make treaties, but they need to be approved by Congress.
Which department promotes American interests in foreign trade and maintaining a network of officers that report on the business activity in foreign nations?
Commerce
This department promotes American interests in foreign trade maintaining a network of offices that report on the business activity in foreign nations?
The Department of Commerce is responsible for promoting American interests in foreign trade by maintaining a network of offices that report on business activity in foreign nations. Through these efforts, the department aims to facilitate economic growth and enhance international trade opportunities for American businesses.
What is one major goal of U.S. economic foreign policy?
Reducing trade barriers
