Economics and Trade and Development

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Across
  1. 3. a tax on imports or exports
  2. 6. lowest acceptable level
  3. 7. country has low s.o.l. and weak economy
  4. 10. advantage what you are good at producing
  5. 11. basic values
  6. 13. barrier government policy restricting trade
  7. 14. people or businesses that make and sell g & s
  8. 16. country has a high s.o.l. & strong economy
  9. 17. the ability and willingness to produce g and s
  10. 18. study of how people meet wants and needs
  11. 19. cost what you give up to get something
Down
  1. 1. exchange of g & s
  2. 2. taking place within a country
  3. 4. trade removal of trade barriers
  4. 5. desire for a good or service
  5. 8. total value of all goods and services produced in a country in a year
  6. 9. coming from outside a country
  7. 12. amount of g & s produced with given resources
  8. 15. economic growth or increase in s.o.l.