Matching: Match the Key terms in Column "A" with the definitions in Column "B" by writing the block (upper) case letter of your choice undercolumn "A" and match the definitions in column "B" with the meanings or examples or real world applications in column "C" bywriting the small(lower) case letter of your choice under column "B". I need questions #, 1, 2,3 and 4. Thank you.
Chapter 21 or 34. International Trade: Pre-Class & In-Class Activities Packet Name/I.D. Number: Section: Date: Part 2. Matching: Match the Key terms in Column "A" with the definitions in Column "B" by writing the block (upper) case letter of your choice under column "A" and match the definitions in column "B" with the meanings or examples or real world applications in column "C" by writing the small (lower) case letter of your choice under column "B" Column "A" Column "B" Column "C" 1. Comparative A. A legal limit imposed on the amount of a good a. Examples of products under U.S. import Quotas: Sugar, Advantage that may be imported. Tobacco, Peanuts, Cotton, Beef, Tuna, Dairy products(Baby Formula and powdered milk). 2. Tariff B. The sale of goods abroad at a price below b. U.S. revised (lowered) the import taxes imposed on solar their cost and below the price charged in products imported from China in July 2015 which was originally the domestic market. imposed in 2012 to help prevent dumping by Chinese companies, 3. Quota C. A tax on imports. according to Bloomberg business news c. China was accused of dumping cheap shrimp to gain market share in the U.S. in October 2015 according to the WTO. 4. Dumping D. The advantage a country has when it can d. U.S. companies hire Indian workers as help desk service produce a good at lower opportunity cost providers because of the advancement of IT that makes long than another country can. distance calls very cheap even though their English language skill is not up to par with their U.S. counter parts. International Trade as a Share of State GDP (2017) >> Here are the top five states where international trade makes up the greatest percentage of the local economy (we 4.79 11.893 BANC MA MI VA WAGDP $50OB included the GDP ($B) of each state for reference): MD GDP $1,000B 25.39 OH NJ 1. Michigan: $200B - 38.9% %6'89 $23.270 250 25.7% PP IN MN TN CO WI AZ 2. Louisiana: $94B - 38.7% 32.6% 8.1%% 3. Kentucky: $78B - 38.1% GDP $2,000B 24 6% ASISS $503B 511B 13.49% $543B $5558 $3968 $5898 $3608 4. Tennessee: $112B - 32.6% 13% $651B $3548 $746B $818B 5. South Carolina: $70B - 31.9% 31.2% $1,558 $9718 $3079 $1,6928 38.7% Z MO CT LA OR SC 19 A >> Here are the five states (including Washington, DC) where 22.4% $2,7348 international trade makes up the smallest percentage of GDP: 31.9% VTE 21.1% 1. Washington, DC: $2B - 1.5% Trade Shares of GDP 31.8% Less than 1075 GDP $100B 2. Wyoming: $2B - 5% More than 30% 3. South Dakota: $3B - 5.1% GDP($ billions), 2017 SAID RIME ID DEWUNH HIN 4. Hawaii: $5B - 5.4% MEEZ NMMS NE ROC KENV UF Article & Sources GBP - HipW/www han gov 5. New Mexico: $6B - 6% howmuch
