Globalization Crossword

2. Laws forbidding trade, used to punish countries
5. The loss of potential gain from alternatives not chosen when one alternative is chosen
9. The ability to trade freely with other countries
10. Goods received from another country
12. Cartel controlling the global supply of products
14. Taxes on imported goods
15. The ability of an individual or group to carry out a particular economic activity more efficiently than another individual or group

1. When the decisions of a country affect other countries,
3. Goods delivered to another country
4. Government assistance to domestic producers, can make products cheaper than imports,
6. Protecting domestic industry
7. The ability of a party to produce a service at a lower opportunity cost
8. Laws forbidding trade- usually to punish other countries
11. Limits on how much can be imported into a country
13. A free trade agreement made between America, Mexico, and Canada,