International Trade

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Across
  1. 2. Extra tax on imported goods
  2. 5. When a government restricts imports in order to protect domestic industries
  3. 6. When a country can produce something cheaper than any other country
  4. 7. Goods/services sold to other countries
  5. 8. Goods/services purchased from other countries
  6. 10. The exchange of goods and services among nations
  7. 11. Limits either the quantity or monetary value of imported products
  8. 12. Total ban on goods going into or out of another country
Down
  1. 1. More & better things can be produced when people become experts at doing one thing
  2. 3. - Importing more than you export
  3. 4. When countries have more than one absolute advantage and have to decide which to produce
  4. 9. - The difference in value between imports and exports