The Role of Exports and Imports in GDP"

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Across
  1. 4. When a country imports more than it exports, leading to a negative trade result.
  2. 5. A trade system where goods are exchanged directly for other goods instead of money.
  3. 7. The difference between a country’s exports and imports over a specific period.
  4. 9. A system or group formed to achieve economic or trade-related goals between countries.
  5. 12. The process of producing goods in factories, often for domestic use or export.
  6. 13. Goods and services bought from other countries and brought into the domestic economy.
Down
  1. 1. A situation where one country has full control over trade decisions without external influence.
  2. 2. Giving official permission to another country or firm to produce or sell goods.
  3. 3. The practice of obtaining goods or services from foreign countries instead of producing them domestically
  4. 6. An economic belief that emphasizes protecting domestic industries from foreign competition.
  5. 8. The act of selling goods and services produced domestically to foreign markets.
  6. 10. A tax imposed on imported goods to protect domestic industries and affect GDP.
  7. 11. When a country’s exports exceed its imports, creating a positive trade result.