International Trade
Exports, imports, trade policies, tariffs, and global commerce.
3 terms
Tariff
A tax imposed on imported goods and services, designed to protect domestic industries or generate revenue.
Intermediate
Global
Free Trade Agreement
(FTA)A pact between countries to reduce or eliminate barriers to trade such as tariffs and quotas.
Intermediate
Global
Foreign Direct Investment
(FDI)Investment by a foreign entity in a domestic company, typically acquiring significant ownership stake.
Intermediate
India