Run the trade gates

Exercise and reference answers

Questions

1. Correct

   Deficit

   Choices

   1. Deficit
   2. Surplus
   3. Even

2. Correct

   Surplus

   Choices

   1. Deficit
   2. Surplus
   3. Even

3. Correct

   Quota

   Choices

   1. Tariff
   2. Quota
   3. Embargo

4. Correct

   Embargo

   Choices

   1. Tariff
   2. Quota
   3. Embargo

5. Correct

   Licensing

   Choices

   1. Licensing
   2. Joint vent
   3. Investment

6. Correct

   Joint vent

   Choices

   1. Licensing
   2. Joint vent
   3. Investment

Instructions

Pick the balance, then the barrier, then the way into the market.

Explanation