Saudi Arabia Economy
Across
- 2. Shekel, the currency used in Israel
- 5. exchange, this is when money is transferred from 1 currency to another currency in the same value (Hint: 1 US Dollar = 74 Indian Rupees)
- 6. taxes on imported goods (usually used to encourage domestic goods)
- 7. Arabia, a country in Southwest Asia that exports a LOT of crude oil
- 8. Lira, the current used in Turkey
- 10. a trade barrier that stops trade between 2 countries
- 13. a system of money for general use in a specific country
Down
- 1. oil, an oil that has been refined (an oil that has been inside a factory; the opposite of crude oil)
- 3. countries choose to only produce the goods and services they can make most efficiently and the cheapest
- 4. a legal limit on how much of a product can be imported into a country
- 9. oil, an oil that has NOT been refined (Hint: the oil is fresh from the ground)
- 11. Organization of Petroleum Exporting Countries (an organization that helps connect oil-producing countries to each other)
- 12. countries do this for the goods that they cannot or will not produce efficiently on their own