Economics
Across
- 1. The amount by which the value of a countries exports exceeds the cost of its imports
- 5. Send (goods or services) to another country for sale
- 7. Are used to restrict trade, as they increase the price of imported goods and services, making them more expensive to consumers
- 12. The account which records transactions for the ownership of foreign assets
- 16. Money flows into the country
- 17. A measurement of the total amount of demand for all finished goods and services produced in an economy
- 18. The exchange of goods and services across international borders/territories.
- 19. The combined letters which form the equation for aggregate demand
- 20. A monetary system that allows the exchange rate to be determined by supply and demand
- 21. The amount by which the value of a countries exports exceeds the cost of its imports
Down
- 2. An official ban or trade or other commercial activity without a particular economic activity more efficiently than another activity
- 3. The ability of an individual/group to carry out a particular economic activity more efficiently than another activity
- 4. Part of the current account which represents income that Australian residents earn from and pay to the rest of the world
- 6. Intervals of expansion followed by recession in economic activity
- 8. The account which measures the inflow and outflow of goods, services, investment incomes and transfer payments
- 9. Investments, government expenditure and export earnings are considered...in the circular flow model
- 10. An agreement among the United States, Canada, and Mexico designed to remove tariff barriers between the three countries
- 11. Middle Eastern Country in which crude petroleum is the top export
- 13. A branch of economics that deals with the structure, performance, behaviour, and decision-making of the whole, or aggregate, economy
- 14. The economic policy of restricting quotas, and a variety of other government regulations
- 15. Money flows out of the country