BBB Final Exam Review

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