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