Economics

2. a benefit given by the government to groups or individuals, usually in the form of a cash payment or a tax reduction.
5. a consequence of specialization or the division of labor. The participants in any economic system must be part of a trading network to obtain the products they cannot produce efficiently for themselves.
8. is a proposed free trade agreement linking the United States and 11 other Pacific Rim economies.
9. a government-imposed trade restriction that limits the number, or monetary value, of goods that can be imported or exported during a particular time period.
11. A government imposed restriction on the free international exchange of goods or services.
12. the economic policy of restraining trade between states (countries) through methods such as tariffs on imported goods, restrictive quotas, and a variety of other government regulations.

1. a kind of predatory pricing
3. commercial and financial penalties applied by one or more countries against a targeted country, group, or individual.
4. a method of production where a business, area or economy focuses on the production of a limited scope of products or services to gain greater degrees of productive efficiency within an overall system.
6. is a government order that restricts commerce or exchange with a specified country or the exchange of specific goods.
7. Dividing a job into many specialized parts, with a single worker or a few workers assigned to each part.
10. is an agreement among the United States, Canada and Mexico designed to remove tariff barriers between the three countries.
11. tax imposed on imported goods and services