BBB Final Exam Review

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