Question

part ii: trade barriers
fill in the chart below with a definition of the 3 types of economic trade barriers:
economic trade barrier | definition

1. tariff
2. quota
3. embargo
4. what are 3 examples of physical trade barriers in europe?

part iii: economic growth
fill in the chart below with a definition and an example of the 4 factors that contribute to economic growth:
factor | definition | example

1. human capital
2. capital goods
3. natural resources
4. entrepreneurship

1. what is the economy and gdp like in most european countries?
2. why do european countries not have as much entrepreneurial activity as other developing countries around the world?
3. what is the relationship between literacy (ability to read and write) and having a high standard of living?
4. how have investments in capital and human capital contributed to high gdp per capita in germany and the uk?
5. how do russia’s harsh climate, size, and few navigable rivers affect its economic development?

Explanation:

The problem involves economic concepts like trade barriers, economic growth factors, and economic conditions in European countries, which fall under the Business discipline's subfield of Economics. The questions require explaining economic terms, relationships, and impacts, fitting the Answer - Explanation Format.

Answer:

The subfield is Economics (under Business).