Across
- 3. corporation-establishments in various foreign countries
- 5. on imports
- 6. on a quantity of a good
- 9. total ban on imports form a particular country
- 10. economy:an economy in which companies compete actively with businesses from all over the world
- 11. of comparative advantage:producers should make the item they are best at making and buy the items from a less efficient produce
Down
- 1. and services sold abroad
- 2. of trade:is the difference between the value of the goods a country exports and the value of the goods it imports
- 4. trade:consists of the exchange of goods and services by different countries
- 7. advantage:the ability to produce more of a good than another producer with the same quantity of inputs
- 8. trade area:a region within which trade restrictions are reduced or eliminated