Module 3 Crossword

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Across
  1. 3. when a country has an absolute advantage in more than 1 good/service and must decide which to produce (lowest opportunity cost)
  2. 6. transportation, communication, and utility systems
  3. 9. Allows two or more companies to share raw materials, shipping facilities, management activities, or production activities
  4. 12. making, buying, selling of goods and services within a country
  5. 13. accepted behaviors, customs, and values
  6. 14. an official ban on trade or other commercial activity with a particular country.
  7. 15. goods coming IN
  8. 16. natural resources
  9. 17. goods EXITing (sold)
Down
  1. 1. selling the right to use some intangible property for a fee or royalty.
  2. 2. tax levied on imports of merchandise goods
  3. 4. a country can produce a good/service at a lower cost than another
  4. 5. right to use a company name or business process
  5. 7. value of a currency in one country compared to another
  6. 8. difference between a country’s exports and imports
  7. 10. the limited number or quantity which is officially allowed
  8. 11. trade among nations