Economics Cross

5. An official ban on trade with a particular country.
6. An economy that has some elements of command and free trade, the U.S. for example.
8. An economy that has no regulation or government interference.
9. An acronym that brings free trade between Canada, the United States, and Mexico.

1. An economy in which economic decisions are determined by a central government.
2. An economy that emphasizes long standing traditions rather than modern market forces.
3. An acronym for a global organization that facilitates global trade by providing a framework for negotiating trade agreements, administering trade rules, and resolving trade disputes between its member countries.
4. The dues paid to the government to import or export goods.
7. A mainly economic group of European countries that have adopted the same currency.
8. An acronym for a pact between two or more countries to reduce or eliminate trade barriers like tariffs, quotas, and subsidies, facilitating the exchange of goods and services.