Across
- 4. supranational organization that provides governements with a forum to negotiate trade agreements and oversee trade rules
- 7. ensures the stability of the international monetary system that enables countries and their citizens to conduct business with each other
- 8. the mutually beneficial trade relationship between two countries that results when they have different comparative advantages
- 9. when three or more countries come together to establish collective policies in response to an international challenge
- 10. change that occurs with the decline in the percent of workers employed in the secondary sector
Down
- 1. places of economic activity clustered around one or more high-growth industries that stimulate economic growth by capitalizing on some special asset
- 2. reduces amount of trade barriers present between countries to promote trade between the countries
- 3. the relative cost advantages of producing certain goods and services for trade
- 5. interconnectedness of countries in the global economy
- 6. the belief that open markets and free trade across the globe will lead to economic development everywhere