International Trade

2. Lowering of the value of currency by the government.
5. When one country is relatively better at producing a good than another country.
6. Tax on imports
9. The value of one currency in terms of another currency.
10. Policies designed to prevent trade between countries.
12. When value of exports is more than value of imports.
13. Part of balance of payment which accounts for total value of imports and exports of goods and services.
14. When the value of imports is more than the value of exports.
15. Goods and services sold to other countries.

1. Part of balance of payment which accounts for change of ownership of fixed assets.
3. One country is better at producing a particular commodity compared to another country.
4. Trade of goods and commodities which can be touched and weighed.
7. Part of the balance of payment which records the flow of money in and out of the country to pay for investments in shares.
8. Import and exports of services
9. Complete ban on imports of certain goods to a country.
11. Goods and services bought from other countries.