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2. When a country focuses on the production of a limited scope of products to gain greater efficiency
5. The economic term for a nation's total economic output
6. The international trade agreement that aims to eliminate tariffs between member countries in North America
9. The international organization created to ensure the stability of the international monetary system
10. The primary economic system of the United States
11. This is what the U.S. uses to manage its money supply and interest rates
15. Type of market where goods and services are exchanged without government intervention
17. An economic system where the government has total control over the economy
19. A global organization aimed at reducing trade barriers between countries

1. The economic principle that advocates for minimal government interference in the economy
3. The economic principle where countries benefit from trading with each other
4. The process of increasing interdependence and interaction among countries
7. The North American Free Trade Agreement
8. This type of economy combines elements of both command and market economies
12. Economic and political union of 27 European countries
13. The country with the world's second-largest economy by nominal GDP
14. This country's economy is known for its social market economy model
15. The institution responsible for formulating and implementing monetary policy in the U.S.
16. The value of one country's currency in terms of another's
18. The economic system in which the means of production are privately owned and operated for profit