Economics

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Across
  1. 1. - physical, produced objects for which a demand exists,
  2. 3. - when a country expands its territory by taking over another country, usually a smaller or weaker one
  3. 8. - to bring something into a country from another country, especially for sale or trade
  4. 9. an action performed by a person or a machine to benefit someone
  5. 10. - The division of labor is the separation of the tasks in any economic system or organization so that participants may specialize
  6. 11. - goods and services that are produced in one country and sold to buyers in another.
  7. 13. of living -
  8. 14. - an economy's ability to produce a particular good or service at a lower opportunity cost than its trading partners.
Down
  1. 2. - focusing on a specific skill, activity, or production process
  2. 4. - what are willing to give up to get what you want
  3. 5. - where two or more parties (individuals, businesses, companies, countries, etc.) depend upon each other for the exchange of goods and the fulfillment of their necessities
  4. 6. - a tax on imported goods
  5. 7. - trade between countries that is unrestricted, without taxes, tariffs, or quotas on imports or exports
  6. 9. - an amount that is more than what is required or necessary
  7. 12. barrier - a government-imposed restraint on the flow of international goods or services