Trading with Other Nations

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Across
  1. 3. The medium of exchange in this country is the peso
  2. 5. A fall in the price of currency
  3. 8. These exchange rates can change daily
  4. 10. This type of tariff is used to raise the cost of imported goods
  5. 13. __ exchange markets allow for currency conversions
  6. 14. This restricts the amount of a good that can be imported
  7. 16. This is producing and exporting a limited assortment of goods while maintaining profits
  8. 17. International Monetary Fund
  9. 18. When the value of goods coming in more than the value of goods going out
  10. 22. The price of one nation's currency in terms of another
  11. 24. This includes the U.S. and Central American countries
  12. 27. The __ of trade is the difference in value between exports and imports
  13. 28. Goods sold to other countries
Down
  1. 1. This type of advantage occurs when a country produces more output per unit than other countries
  2. 2. Medium of exchange for the U.S.
  3. 4. This has 147 member countries
  4. 6. Goods brought in from other countries
  5. 7. This type of tariff is used to raise $ for the govt.
  6. 8. This rate of exchange is used by governments to set value of money vs. others
  7. 9. These people argue for the use of trade restrictions
  8. 11. This percent of engineering/scientific instruments are sent from U.S. overseas
  9. 12. The medium of exchange for India
  10. 15. Taxes on imports
  11. 19. This involves 25 European countries
  12. 20. This type of advantage involves producing at a lower opportunity cost
  13. 21. Govt. ordered lowering a currency's value
  14. 23. Complete restriction of an import or export
  15. 25. This includes the U.S., Mexico, and Canada
  16. 26. The medium of exchange for Japan