Across
- 2. The economic system in which private individuals own and control resources and businesses.
- 4. The system in which the government controls the economy and makes most production decisions.
- 6. The total amount of money a country owes to lenders outside its borders.
- 8. A tax placed on imported goods to protect domestic industries.
- 9. The ability of countries to exchange goods and services freely with minimal trade barriers.
- 10. The value of all goods and services produced within a country in a year; often used to measure economic strength.
Down
- 1. The process by which economies around the world become more interconnected.
- 3. The international organization that helps regulate trade between nations and resolve disputes.
- 5. The practice of sourcing goods or services from another country, often to reduce costs.
- 7. When a country sells more goods to other countries than it buys from them.