Across
- 3. Situation in which country exports more than it imports, creating a favourable balance of trade
- 5. Firm that designs, produces and markets products in many nations
- 7. The average income per person of a country
- 8. The ability to produce something more efficiently than any other country
- 10. The economic value of all the products it imports
- 11. Firm that distributes and sells products to one or more foreign countries
- 13. Flow of all money into or out of a country
- 14. Protecting domestic business at the expense of the free market competition
- 15. Selling a product for less abroad than in the producing nation
- 16. Firm that buys products in foreign markets and then imports them for resale in its home country
- 17. Product made or grown domestically but shipped and sold abroad
- 18. Situation in which country's imports exceeds its exports, creating a negative balance of trade
Down
- 1. Agreement to gradually eliminate tariffs and other trade barriers amoung the U.S., Canada & Mexico
- 2. Product made or grown abroad but sold domestically
- 3. A government payment to help domestic business compete with foreign firms
- 4. A government order forbidding exportation and/or importation of particular product
- 6. Any association of producers whose purpose is to control supply of and prices for a given product
- 9. A tax levied on imported products
- 12. A restriction by one nation on the total number of products of a certain type that can be imported from another nation