6.2 terms practice

6.2 terms practice

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Sophie胡~
2026-05-05
18 颗豆豆
30 秒

A tax on imported goods.

tariff
30 秒

A limit on the quantity of imports.

quota
30 秒

A complete ban on trade with a country or product.

embargo
30 秒

Money given by the government to support firms.

subsidy
30 秒

Rules that require firms to get permission before importing.

licensing requiremen
30 秒

Income measured by what it can buy.

real income
30 秒

Money received from sales.

revenue
30 秒

A firm producing goods in its own country.

domestic producer
30 秒

Able to compete successfully with other firms.

competitive
30 秒

A person who buys goods and services.

consumer
30 秒

The percentage of total sales a firm has in a market.

market share
30 秒

The environment and situation in which people work.

working conditions
30 秒

Harm done to the natural environment.

environmental damage
30 秒

The range of products consumers can choose from.

consumer choice
30 秒

A government measure that limits free trade.

trade restriction
30 秒

Government policies that protect domestic industries from foreign competition.

protectionism
30 秒

International trade with few government restrictions.

globalisation
30 秒

Countries linking their economies more closely.

economic integration
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