Online College Courses for Credit

3 Tutorials that teach Interactions within the Global Economy
Take your pick:
Interactions within the Global Economy

Interactions within the Global Economy

Author: Jeff Carroll

This lesson is an overview of trade restrictions and global markets.

See More
Fast, Free College Credit

Developing Effective Teams

Let's Ride
*No strings attached. This college course is 100% free and is worth 1 semester credit.

29 Sophia partners guarantee credit transfer.

311 Institutions have accepted or given pre-approval for credit transfer.

* The American Council on Education's College Credit Recommendation Service (ACE Credit®) has evaluated and recommended college credit for 27 of Sophia’s online courses. Many different colleges and universities consider ACE CREDIT recommendations in determining the applicability to their course and degree programs.


Source: Image of engine, tractor, curved arrow, border, factory, crowd of people, books, images by Video Scribe, License held by Jeff Carroll; Image of world map, Public Domain,; Image of pipe and valve, Public Domain,

Terms to Know

A trade restriction that stop trade with a specific country.


Limiting the amount of a good being traded to a specific amount or value.


Determining the production location of goods based on external and internal variables of the business.


Any imports and exports tax that is placed on a group of products.

Trade Agreement

A trade treaty between nations which sets rates of tax and any limit on restrictions.

Trade Restrictions

Artificially limiting the business conducted between nations.