Economics Crossword Puzzle

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Across
  1. 4. an economy’s ability to produce a good or service at a lower opportunity cost than its trading partner
  2. 7. a limit placed on quantities that can be imported
  3. 9. exchange of goods and services between countries
  4. 11. goods and services a country buys from another country (things coming in)
  5. 12. exports more than it imports (country has more money to spend)
  6. 13. a tax placed on imports
Down
  1. 1. the process of concentrating activities in a particular area or field
  2. 2. company that does business and has facilities and offices in many countries around the world
  3. 3. the practice of putting limits on foreign trade to protect business at home
  4. 5. government stops an import/export of a product
  5. 6. goods and services a country sells to another country (things going out)
  6. 8. imports more than it exports (country is in debt)
  7. 10. goods and services are produced, bought, and sold within a country