Across
- 3. concentrating goods and services where they have an atavanage
- 4. provide a good/service in greater quantity for same financial cost
- 7. a type of trade bloc where members have completely free trade internally
- 8. association of the south east Asian nations
Down
- 1. produce a particular good or service at a lower opportunity cost than its trading partners
- 2. refers to a group of countries that join together to reduce the trade barriers
- 5. North american free trade agreement
- 6. can lead to an economy gaining a competitive advantage