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término		definición
currency rate empezar lección		a country's currency value in relation to foreign currency Currency rate may decide on country's international trade profitability.
commodity empezar lección		a good or material that can be sold as an article of commerce There are many international commodity markets.
cartel empezar lección		a group of large producers that unite to protect their interests on the market OPEC is probably the best-known international cartel in the world.
national treatment principle empezar lección		principle stating that all economic privileges should apply equally to country's citizens and foreigners National treatment principle constitutes important part of WTO agreements.
import quota empezar lección		maximum amount of good or goods that can be imported Trump's administration will consider setting up new import quotas.
to subsidize empezar lección		to support domestic production to make it more competitive Government considers subsidizing agricultural sector to help it fight with foreign companies.
trade war empezar lección		state of hostile economic behaviour of the partners who mutually impose on themselves trade restrictions Donald Trump has started a trade war with China.

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International Economics