a unfavorable balande f trade h. weak dollar. c. strong dollar d. trade defic. e. unfavorable balanoe of payments. 62The movement of goods and services between countries without political or economic restrictions is: h. diplomatic relatons c. fair trade d. protectionism. e. free trade. 63. The economic policy of restrainina trade between nations is referred to as . a. Restrictivism b. Protectionism c. free trade d. reversionary trading 8. localism 64. All of the following can be used to restrict international trade EXCEPT . a. Quotas c. Sanctions d. Tariffs e. export subsidies 65. The U.S. restricts the import of peanuts to 1.7 illion pounds per year in order to protect the price that domestic producers can charge. This is an example of ain. a. impor quota b. restrictive import standard c. embargo d. tariff e. export subsidy 56. is the exportation of large quantities of a product to another country at a price lower than the price of the same product in the home market. a. Import subsidizing b. Duping c. Restrictionism d. Sanctioning 57. An) is a tax or a charge assessed against imports. a. Quota b. Tariff c. Embargo d. Sanction e. Subsidy 68. The is an intemational organization that has the primary responsibility for mediating trade disputes among nations. a. World Trade Organization b. European Union c. International Monetary Fund d. World Bank e. United Nations 59. are regional arganizations that promote trade among their member nations in order to ensure the economic growth and benefit of members. a. h. Trading blocs Economic incentive zones Currency cooperatives Fair trade partnerships d. e. 70. In 1994, te United States, Canada and Mexico formed a powerful trading bloc known as . a. Association of North American Nations (ANAN) b. North American Economic Cooperative (NAEC) c. North American Free Trade Agreernent (NAFTA) d. Greater North American Free Trade Areas (GNAEF e. North American Economic Union (NAEU 71. The European Union has created its own currency, known as the a. dolar