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  • 2. Probably importing or exporting goods to a country
  • 1. Dad, What is a boat doing all the way out their??
  • 4. It is called a quota. A quota is a limit on imported and exported goods.
  • 3.I have heard only a limited amount of goods are alowed in some places. Why???
  • 6. A tariff is a tax on imported and exported goods
  • 5. I've also heard something about a tariff. What is that??
  • Bye Bye Boat!!!
  • 7. Since we are talking about trade barriers I might as well tell you about an Embargo. An Embargo is a trade barrier that stops trade COMPLETELY 
  • Oh
  • Some countries specialize in a specific good. Specialization is the proceess in witch you are skilled at making a good and make more of the good.
  • How do you know what to trade??
  • OH NO!!!!
  • Wait!!! Who is driving the boat!!!???
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