Economics

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Across
  1. 3. The U.S. also participates in the ___, also known as the WTO.
  2. 7. NAFTA created a free trade zone in ___, Mexico, and the United States.
  3. 10. A ___ is an economic system that is centrally controlled by a powerful government.
  4. 11. Economic Question: ___ should they be produced?
Down
  1. 1. Individuals in this economic system are able to decide what goods and services should be produced, how they should be produced, and for whom they are produced.
  2. 2. The goal of ___ was to eliminate free trade barriers, promote fair competition, and increase investment opportunities among the three nations.
  3. 4. Most economists believe that ___ international trade that is free from restrictive governmental policies is generally more beneficial for a nation’s economy
  4. 5. increases the material standards of living worldwide.
  5. 6. Economic Question: ___ goods and services should be produced?
  6. 8. An early economist, believed free market system was the best way to organize the economy. He released The Wealth of Nations in 1776.
  7. 9. Economic Question: For ___ should they be produced