International trade and finance

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Across
  1. 4. increase in the value of one currency in relation to another currency
  2. 5. a country has a blank when it can produce at a lower opportunity cost than that of trade partners
  3. 6. study of monetary interactions that transpire between two or more countries
  4. 11. The exchange of capital goods, and services across international borders/ territories
  5. 12. intergovernmental organization that regulates and facilitates international trade between nations
Down
  1. 1. value of a country's imports exceeds the value of its exports
  2. 2. a political and economic union of 28 member states that are located primarily in Europe
  3. 3. an agreement among the United States, Canada, and Mexico designed to remove tariff barriers between the three countries
  4. 7. international trade left to its natural course without tariffs, quotas, or other restrictions
  5. 8. product or service produced in one country but sold to a buyer abroad
  6. 9. a country that imports more goods and services than it exports
  7. 10. legal agreement between many countries, whose overall purpose was to promote international trade by reducing or eliminating trade barriers such as tariffs or quotas