BBB Final Exam Review
Across
- 3. Country where Bouazizi set himself of fire and began the Arab Spring of Revolutions
- 7. A tariff or quota is a form of ___________________ so that domestic industries can thrive.
- 8. a think tank made up of 34 countries and ranks quality of life abbr.
- 9. Trade can be a disadvantage if it provides support for non___________ gov’ts
- 11. Canada’s rate is falling behind the US and other G20 countries
- 13. Industries that are also called extractive industries
- 14. __ fluctuations can create a barrier to trade
- 19. Reliance of two or more countries on each other to survive
- 23. Free trade agreement that has not been signed yet in the western hemisphere
- 25. __Creation is one big advantage of trade
- 26. A deep trough
- 28. Risk created by political decisions causing instability to the dollar.
- 30. ___ language includes many factors such as gestures or the way you dress
- 32. Factors that shape a country’s culture (eg. History, Religion)
- 35. _____ Venture is one way to expand internationally which limits risk
- 36. Duty on imports (percentage)
Down
- 1. A country’s own market at home
- 2. Trade can be a disadvantage if we lose our cultural ___ becoming a monoculture
- 4. Group of countries that border the Pacific Ocean, meet to promote trade. Abbr.
- 5. One reason why companies expand internationally
- 6. Trade Org. established after the war, main focus is currency stability abbr.
- 9. __Costs will go up under CETA because patents will be extended
- 10. __ corporation is a company owned by the government like Canada Post
- 12. One of the world’s largest sources of financial assistance to fight poverty
- 15. __Advantage relates to human resources/level of education of the Canadian population
- 16. Most economies in the world are this type.
- 17. when a government nationalizes all businesses foreign or domestic
- 18. Law of __ states that consumers will buy more as prices fall
- 20. ____ disasters or risks like floods, tsunamis or volcanoes
- 21. __ of goods means that trade can provide many choices in products
- 22. Cultural expectations, appearances, and behaviours that are standard.
- 24. CETA will allow European companies to bid on our gov’t ___ jobs (building bridges)
- 27. bi-lateral agreement signed with the EU
- 29. Rules and etiquette in a foreign country
- 31. Follows a trough where output begins to expand and more jobs are created
- 33. Egyptian president who resides in a military hospital for life, since the Arab Spring
- 34. The main org. that deals with rules of trade and handles trade disputes
- 37. Establishing a subsidiary in a foreign country (ie.investing) (abbr.)