Across
- 7. the exchange of goods and services between nations
- 9. Ban on the imports or exports of a product
- 10. Ability of a country/ company to produce a particular good more efficiently than another country or company
- 11. Limit placed on quantities of a product that can be imported
- 13. Goods and services that one country sells to another country
- 14. Occurs when there are minimal or no limits on trade between countries
Down
- 1. Goods and services that one country buys from another country
- 2. Company that does businesses around many countries and facilities and offices around the world
- 3. Difference in value of a country’s imports and exports over a period of time
- 4. Practice of the government putting limits on foreign trade to protect businesses at home
- 5. interconnected economies of the nations of the world
- 6. Activity of buying and selling goods and services in domestic or international market is called
- 8. Price at which one currency can buy another currency is called the
- 12. Tax placed on imports to increase their price in the domestic market