U.S. Economy

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Across
  1. 3. A limit on the number of goods a country allows to be imported
  2. 5. Taxes placed on foreign goods to protect domestic industries
  3. 6. A country with high industrial output, infrastructure, and standard of living
  4. 10. A type of economy where private individuals and businesses own the majority of resources
  5. 13. A market where buyers and sellers freely negotiate prices without government interference
  6. 14. Goods and services sold to another country
  7. 15. Exchange of goods and services across international borders
Down
  1. 1. Economic principle that affects pricing based on availability and consumer interest
  2. 2. An economy where the government makes all economic decisions
  3. 4. A system that combines elements of capitalism and socialism
  4. 7. An economic system where the government plays a major role in production and distribution of goods
  5. 8. The total value of goods and services produced in a country in a year
  6. 9. Goods brought into a country from abroad
  7. 11. When a country buys more goods from other countries than it sells
  8. 12. A country with a lower GDP per capita and less industrial development