Please match the word to the correct definition. PLZ HLP


A. coins made of gold, silver, copper, or brass, considered a store of wealth


B. a process where a foreign power (or a competitor industry) will attempt to sell a similar or same product in an attempt to make a sale over the domestically made good.


C. Goods that are illegally brought in to avoid the duties or regulations of the mother country


D. taxes levied against goods from other countries


E. a field that studies how societies use scarce resources to produce valuable products and distribute them.


F. Raw materials shipped from a colony to the mother country, they are taken from the environment


G. Goods being shipped out of the mother country to be sold in a foreign country


H. taking place or being created in the mother country


I. Goods being brought into a country from another country


J. another word for a tax levied against a foreign good.


K. Products produced in the mother country by skilled laborers for sale in their colonies or in foreign countries


L. laws created by the mother country to regulate, tax, and form monopolies on trade with the mother country


O. a belief that exports should be greater than imports so that a country can grow wealthier over time relative to other countries, especially rivals


N. taking place or being created in a country outside of the mother country.


P. the exclusive control of the supply or the trade of goods

1.
Economics

2.
Balance of Trade

3.
Domestic

4.
Foreign

5.
Imports

6.
Exports

7.
Competition

8.
Monopoly

9.
Tariffs

10.
Duties

11.
Money

12.
Extractive Products

13.
Finished Goods

14.
Smuggling

15.
Navigation Acts