Economics

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Across
  1. 4. Economic system where private individuals own the means of production
  2. 7. When a country buys goods or services from another country
  3. 8. Economic system based on customs and traditions
  4. 9. A tax on imported goods
  5. 10. The value of a country's exports minus the value of its imports
  6. 11. International organization that regulates trade between nations
  7. 12. A limit on the quantity of goods that can be imported
Down
  1. 1. The ability of a country to produce a good or service at a lower cost than another country
  2. 2. Economic system characterized by government ownership and control of resources
  3. 3. When a country sells goods or services to another country
  4. 5. Economic system combining private and public ownership
  5. 6. The process of interaction and integration among people, companies, and governments worldwide