Year 10 Economics

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