Chapter 4 and 5 Vocab review

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Across
  1. 1. nation imports more than it exports
  2. 3. nation exports more than it imports
  3. 6. Goods and services that people, companies, and countries SELL to businesses people in another country
  4. 8. covered international trade and intellectual property
  5. 9. goods and services that people, companies and countries BUY from businesses in another country.
  6. 11. gives an inventor exclusive right to manufacture, sell, or use an invention which can be a new product or something that improves an existing product
  7. 14. A set of codes based on broad legal principles
  8. 17. of laws based on local customs, traditions, and precedent
  9. 18. an original work fixed in a medium of expression that can be copyrighted, patented, or trademarked.
  10. 19. goal was to expand trade, fight discrimination, and improve standard of living
Down
  1. 1. a set of laws based on moral behavior
  2. 2. Union made up of 25 member nations
  3. 4. a company that exports directly to consumers
  4. 5. a benefit or task provided by a business to its customers
  5. 7. free trade district covering the three countries of U.S., Mexico and Canada
  6. 10. legally binding contract between buyer and seller
  7. 12. a recognizable insignia, phrase, word, or symbol that denotes a specific product and legally differentiates it from all others of its kind.
  8. 13. tax on imported goods
  9. 15. a tangible item that is made, manufactured, or grown
  10. 16. legal protection over books, songs, photographs, movies