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What are the different between embargo and quotas?
Quotas set a physical limit on the amount of goods that can be imported at a time, yet embargoes prevent goods from being imported or exported
What were the key elements in the anaconda?
The key element was the north blockading southern ports, preventing people or goods from being imported and/or exported
What is a word describing goods brought into a country ileagally?
The word describing goods brought into a country illegally is "contraband." Contraband refers to items that are prohibited by law from being imported or exported, often due to regulations or restrictions. This can include a variety of goods, such as drugs, weapons, or counterfeit products.
Which European country imported the most slaves to the Americas?
Portugal was the leader. Exporting 5,074,900. Which is 46% of the total slaves being exported from Europe. America imported about 340,000. Most coming from Portugal.
What were the key element in the Anaconda plan?
The key element was the north blockading southern ports, preventing people or goods from being imported and/or exported
How is Antarctica being affected by fishing and mining?
There is no commercial fishing or mining allowed on the Antarctic continent, prohibited by the Antarctic Treaty.
What does clear customs mean?
Customs clearing refers to the process of goods being approved through customs. Customs laws apply to both exported and imported goods.
What are products that originate in one place and are sold in another are called?
When products are sent from one place to another, they are being exported from their place of origin, and imported to their place of sale. It's the import export business.
What does share of expenditure means?
I learned that term in my International Economics course. In the example that was given to us, there was an economy where only two goods were traded. All consumption was consequently spent on these two goods, one of them being imported and the other one being exported. If 20% of total spending went to the imported goods, the share of expenditure is consequently 0.2.
Bill of entry?
A bill of entry is an invoice that describes the contents of a shipment of either imported or exported goods. Both country's custom agency must see this bill of entry to verify all merchandise that is being shipped.
Why did the british empire want to trade with other countries?
The British Empire traded mostly within itself. There were over 50 countries within the Empire, with food and raw materials imported from them and manufactured goods being exported to them.
Goods being imported to the colonies were taxed by the?
The Townshend Acts taxed the goods being imported to the colonies.
