# data[].attributes.body
https://quizlet.com/9321157/economics-chapter-17-international-trade-flash-cards/

# data[].attributes.body
http://cms.gavirtualschool.org/Shared/SocialStudies/Economics_13/InternationalEconomics_TradeandCurrency/index.html

# data[].attributes.body
the part of balance of payments that includes foreign investments

# data[].attributes.body
the part of balance of payments that includes goods and services

# data[].attributes.headline
balance of trade vs. balance of payments

# data[].attributes.subject
balance of trade vs. balance of payments

# data[].attributes.body
when a country exports more than they import

# data[].attributes.body
happens when the value of imports exceeds exports.

# data[].attributes.body
a situation that occurs when individuals or businesses produce a narrow range of products.
-When a company produces one certain product because they are the most efficient at producing that good.

# data[].attributes.body
how much the currency of one nation is worth compared to the currency of another nation

# data[].attributes.body
-new industries that are often unable to compete against larger, more established competitors

# data[].attributes.body
goods and services produced in one country and sold to other countries

# data[].attributes.body
government policy that helps domestic industries face foreign competitors

# data[].attributes.body
- the ability of one trading nation to make a product more efficiently than another trading nation

# data[].attributes.body
-a trading nation's ability to produce something at a lower opportunity cost than that of another trading nation

# data[].attributes.body
Limit on the number of imports a country can get from another

# data[].attributes.body
-an economic and political union of European nations established in 1993

# data[].attributes.body
North American Free Trade Agreement is designed to ensure trade without barriers between Canada Mexico and the US

# data[].attributes.body
World Trade Organization
- a group of nations that adhere to the policies of the General Agreement on Tariffs and Trade