Economics

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Across
  1. 4. the ability of one trading nation to make a product more efficiently than another trading nation
  2. 6. a situation that occurs when individuals or business concentrate their efforts
  3. 8. the ability of one trading nation to produce something at a lower opportunity cost than that of another trading nation
  4. 9. a market structure in which only a few sellers offer a similar product
  5. 10. international trade without any imposed trade barriers
Down
  1. 1. the ideal model of a market economy
  2. 2. a market structure in which many sellers offer similar, but not standardized, products to consumers
  3. 3. goods or services produced in one country and sold to in another country
  4. 5. a market structure in which only one seller sells a product for which there are no close substitutes
  5. 7. goods and services produced in one country and sold to other countries