Year 10 Economics
Across
- 1. Something which banks used to keep a reserve of
- 3. This country is Australia's largest trading partner in Southeast Asia
- 5. Another word for limited
- 8. A tax on imported goods
- 10. Produced means of production are also known as “……” goods
- 11. A policy of restricting imports on domestic industries
- 14. Things that consumers demand but are not necessary for their survival or function in society
- 16. When a country imports more than it exports
- 20. A treaty that reduces trade barriers between countries
Down
- 2. Another word for opening up the economy to international trade. Something that happened during the 1980’s
- 4. Australia's largest trading partner, known for its demand for iron ore and coal
- 6. Australia’s most exported service
- 7. A policy that limits the quantity of imports
- 9. Ore Australia’s most exported good
- 12. Individuals who receive/purhcase goods and services
- 13. The chain of production is also known as the “…..” chain
- 15. Income paid to individuals for work. Usually calculated on an hourly basis
- 17. Goods/services sold to other countries
- 18. A situation where countries rely on each other for resources and markets
- 19. The tragedy of the ….