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