33061

1.    The advantage that one country has over another because it is better at making a particular product.

COMPARATIVE ADVAN TAGE

2.    Industry in its early stages of development in a particular country.

INFANT INDUSTRY

3.    The advantage that one country has over another because it can make a product morę cheaply.

ABSOLUTE ADVANTAGE

4.    Amount of somethlng which is allowed.

QUOTA

5.    Tax to be paid for importing or exporting goods.

TARIFF

6.    Particular na me, design, etc., which has been registered by the manufacturer and which cannot be used by other manufacturers.

TRADEMARK

7.    Official document showing that a person has the exclusive right to make and sell an invention.

PATENT

8.    Something that makes trade between two countries morę difficult or expensive. TRADE BARRIER

9.    Act of getting rid of excess goods cheaply in an overseas market.

DUMPING

10.    Legał right which a writer has to publish his own work and not have it copied. COPYRIGHT

11.    Industry that a country considers very important for its economie development STRATEGIC INDUSTRY

12.    System where goods can go from one country to another without any restrictions. FREETRADE

13.    Protecting producers in the home country against foreign competitors by banning or taxing imports or by imposing import ąuotas.

PROTECTIONISM