Across
- 3. When the price of a good is determined by buyers’ wants and sellers’ willingness to produce.
- 5. A system where the government makes all major economic decisions.
- 7. A tax placed on imported goods.
- 8. Goods shipped to other countries.
- 10. A measure of the total value of goods and services a country produces in one year.
Down
- 1. When countries depend on each other for goods, labor, and resources.
- 2. The trade of goods and services between nations.
- 4. Goods brought into a country.
- 6. A system where individuals and businesses make most economic decisions.
- 9. The basic economic problem that resources are limited but wants are unlimited.