Economics Puzzle

5. Concentrating on making certain goods or services better to get the most out of trade.
6. An economy where the availability and what people want determines prices, with little intervention from the government.
8. How fast the prices of things are going up.
9. A trade deal in North America that took the place of NAFTA to help countries in the area work together.
11. European countries that use the same money and have similar economic plans.
12. A tax put on goods coming into a country to protect its own industries.

1. A system where everything is owned by the public and everyone works for the good of the collective.
2. A group that pushes for free trade and makes sure countries play by the rules.
3. When a country buys more from other countries than it sells to them.
4. An economic system where individuals own the means to make things for their own gain.
7. An economy based on old ways, habits, and culture.
10. A present-day example of an economy that mixes strong welfare programs with market ideas.