Economic Review

3. a limitation on the number of goods and services that can be imported
5. barriers to trade
7. shortfall in a government's income compared with its spending
9. taxes imposed on imported goods and services
11. instruments like taxes and subsidies
14. the bottom of the trade cycle
15. the value of a country's total exports minus the value of its total imports
17. the fall in the value of a country’s currency
19. includes water, oil and gas bauxite, gold (natural resources)

1. continuous growth in the productivity of an economy which increases its national income
2. income that is set aside
4. any exchange of goods and services between countries
6. a value measured using current prices
8. a persistent increase in prices
10. balance sheet indicating all the international transactions with the rest of the world
12. financial assistance to reduce the cost of production
13. records of all visible exports and imports only (acronym)
16. the total ban on the import of a product
17. If a company exports a product at a price lower than the price it normally charges on its own home market
18. closed economy