Chapter 5 Intro to Business

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Across
  1. 6. A government-declared ban on trade with another country
  2. 8. The difference between a country’s imports and exports
  3. 9. A broad term for a country’s management of global imports and exports
  4. 10. Financial penalty for imports and exports
  5. 13. Formal agreement between countries that states agreed-upon notions of international relations
  6. 14. A term used to describe rules for how one country will interact with another in global trade
  7. 16. The level of wealth and security a country maintains
  8. 17. Extra taxes on imports and exports
  9. 23. Body of laws that control the flow of goods and services into and out of countries
  10. 24. The buying and selling of goods and services
  11. 26. Amount one currency is worth in another form of currency
  12. 27. Type of treaty that affects global trade
  13. 29. A type of law that declares government control
  14. 30. When a country imports more than it exports
  15. 31. The interconnected system of worldwide human and business interaction
Down
  1. 1. When countries specialize in products that they are comparably more efficient at producing
  2. 2. A government prohibition of trade between certain countries
  3. 3. Trade that happens inside of one country
  4. 4. The communication of people from different cultures in order to effectively deliver messages about global trade
  5. 5. A government’s regulation of trade in an effort to protect domestic businesses and economic activities
  6. 7. The process by which businesses or other organizations develop international influence or start operating on an international scale
  7. 11. Systems that enable investments, loans, currency exchanges, and transfers of money from central banks, businesses, and investors
  8. 12. A tariff on imported goods
  9. 13. When a country is exporting more than it is importing
  10. 15. An economy that is growing toward becoming more advanced
  11. 18. A place where people gather to buy and sell goods internationally
  12. 19. Trade that happens from one country to another
  13. 20. A trade sanction that allows only limited amounts of imports and exports
  14. 21. When a business can create goods or services more efficiently than another business
  15. 22. Methods for conducting business internationally
  16. 25. To make something consistently similar
  17. 28. A system of money