Tool #2: Economic Tools Flashcards by Jacqueline Umani

Q

Foreign Economic Aid

A

Financial donations or loans to other States or organizations to boost economic development

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Q

Free Trade Agreement

A

The formal agreements creating trade zones, luring attract investment, and/or minimize trade barriers(government discouragement of trade and beyond)

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Q

Economic Sanctions

A

Penalties applied by one state on another state

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Q

Economic Sanctions

A

Embargo, Boycott, Tariff, Quota, Seizure of bank accounts and financial assets

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