Economics Review

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Across
  1. 2. If you are traveling to South Korea, you will need to convert your U.S. dollars to:
  2. 4. A tariff is a ______ on imported goods.
  3. 7. The United Nations placed a ban on trading certain items with North Korea following the country's testing of nuclear weapons.
  4. 9. Japan, India, and South Korea all _______ in rice production.
  5. 10. India limits the amount of fruits and vegetables imported from other countries.
  6. 11. A quota is a _________ on imported goods.
Down
  1. 1. When people convert currency from one country's currency to another, it is called:
  2. 3. Countries are able to _____ the goods that they specialize in.
  3. 4. Japan places a tax on electronics imported from South Korea.
  4. 5. The amount that one country's currency is worth in comparison to another country's currency.
  5. 6. This occurs when a country focuses its resources on the production of a limited variety of goods and services.
  6. 8. An embargo is a complete ______ on trading.