4.1 Global Business

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Across
  1. 5. Difference between the amount of money that goes into a country and the amount that goes out of it
  2. 8. Commercial exchange between nations with no restrictive regulations
  3. 9. The process by which the world economy is becoming a single interdependent system
  4. 10. Limits on the quantity of a product that me imported or exported within a given period
  5. 12. When nations possess unique resources/capabilities that they then share back and forth
  6. 14. Any restriction to free trade
  7. 16. Items bought from other countries
  8. 17. Nations import more than they export
Down
  1. 1. Nations export more than they import
  2. 2. Advantage when a country can produce a good at a lower cost than other countries
  3. 3. Making, buying, and selling of goods & services within a country
  4. 4. Business activities needed for creating, shipping, and selling goods & services across national borders
  5. 6. Complete ban of all exports or imports of a product
  6. 7. Difference between a country’s total exports and total imports
  7. 11. Advantage whhen a country specializs in a good they can most efficiently produce
  8. 13. Tax placed on certain imported product
  9. 15. Goods and services sold to other countries