2. Explain what each of the following terms means, and describe one example from this chapter in...

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2. Explain what each of the following terms means, and describe one example from this chapter in which each term is used.

a. Bilateral trade balance

b. Trade embargo

c. Free trade area

d. Import quota

e. Offshoring

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International Economics

ISBN: 9781429278423

4th Edition

Authors: Robert C. Feenstra; Alan M. Taylor

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