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