Unit 7 Vocab Strategy
Across
- 2. When a countries currency becomes weaker and imports become more expensive
- 3. (2 words no space)When a country focuses on producing items it can make more efficiently or at a lower opportunity cost compared to other countries
- 5. This is a tax on imports
- 6. More than one in ______ Georgia jobs depend on international trade
- 8. (2 words no space)This tells you the value of your currency in another country's currency
- 10. (2 words no space)When a country can produce a good more efficiently than any other country
- 11. This is limiting imports
Down
- 1. (2 words no space)This refers to a government imposed restriction that limits the flow of goods between countries
- 4. When a countries currency becomes stronger and has a greater purchasing power
- 7. This is a trade barrier that involves examination of imported goods
- 9. This is the blocking on imports