International Economics

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Across
  1. 2. Tax imposed on imports.
  2. 4. Who is the first to propose the law of comparative advantages.
  3. 7. Each country has a absolute advantage in producing some products.
  4. 8. How many international trade models?
  5. 9. Limitation on the volume of imported goods.
  6. 10. A product that is sold to the global market call as?
Down
  1. 1. The exchange of goods and services between one country and another.
  2. 3. What models take place on the basis of countries exercising "absolute advantage" over one another?
  3. 5. A country can produce more of a certain type of good than another country, using the same amount of resources.
  4. 6. Also know as "Short-term Capital Flows" as they are highly speculative.