Chapter 3 Intro To Business Vocab

Edit Answers
123456789101112131415
Across
  1. 1. Association of Southeast Asian Nations
  2. 3. Advantage
  3. 4. Asia Pacific Economic Corporation
  4. 6. the ac of a country or business selling products at less than what it costs to produce them
  5. 7. a group of firms or nations that work together as a monopoly to maximizes profits
  6. 10. of Payments the difference between the flow of money into and out of the country
  7. 11. a prohibition on trade in a particular product
  8. 13. a form of licensing where the franchises agrees to provide the nae, logo, methods of operation, advertising and products in return of money
  9. 14. Rate the ratio at which one nation's currency can be exchanged for another nation's currency
Down
  1. 2. advantage a monopoly that exists when a country is the ony source of an item, or the most efficient producer of an item
  2. 5. Controls regulations that restrict the amount of currency that can be bought or sold
  3. 8. General Agreement on Tariffs and Trade
  4. 9. the sale of goods and services to foreign markets
  5. 12. of Trade the difference in value between a nation's exports and it's imports
  6. 15. European Union