Chapter 6: International Trade
Across
- 3. a global coalition of 135 governments that makes the rules governing international trade
- 4. goods and services sold to other countries
- 5. involves the exchange of goods and services between nations
- 7. specialists who are licensed by the U.S.Treasury Department
- 8. goods and services purchased from other countries
- 9. the value that a nation gains by selling the goods that it produces most efficiently
- 10. licensed by the U.S. Maritime Commission to handle export details
- 12. limits either the quantity or the monetary value of a product that may be imported
- 13. the term for Europe's trading bloc
- 15. the difference in value between exports and imports of a nation
- 16. occurs when a country has special natural resources or talents that allow it to produce an item at the lowest cost possible
- 18. allow companies to participate in a country's economy with a partner
Down
- 1. midsize and smaller companies that have operations in foreign countries
- 2. an international trade agreement among the United States, Canada, and Mexico
- 6. a total ban on specific goods coming into and leaving a country
- 11. large corporations that have operations in several countries
- 14. government takes ownership of property and the owner gets nothing in return
- 17. a tax on imports