Statistics for Geography key terms 1

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Key term	Definition	% Correct
a tax imposed on imports	tariff	89%
a limit on the quantity of goods allowed into a country	quota	33%
financial assistance to a business by a government	subsidy	22%
transferring ownership of a company from the public sector to the private sector	privatisation	11%
a policy to protect businesses by restricting imports into the country	protectionism	11%
when a TNC takes over another company in a foreign country	foreign acquisitions	0%
trade where governments don't apply tariffs or quotas	free trade	0%
the philosophy of free trade, free markets and private companies with no government interference	neoliberalism	0%
same as outsourcing	offshoring	0%