Chelsea and Salome presents: The Great Economics Crossword - Global Economy

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Across
  1. 1. A diagram that shows what happens to the current account when a currency depreciates
  2. 4. firms exporting their goods at a price below production cost
  3. 8. Trade agreements between many countries at one time
  4. 9. _____ Account: A record of all the transfers of ownership of capital and other assets between countries
  5. 10. An area of economic integration created via an agreement between nations to both trade freely among each other and set a common external barriers
  6. 12. describes the circumstances under which a depreciation of the domestic currency will lead to an improvement into the current account
  7. 13. A rise in the value of a currency in terms of another
Down
  1. 2. A restriction on trade imposed by a foreign country. It could be set on a product or even as a ban on an entire nation
  2. 3. Goods sold to other countries
  3. 4. A situation in the balance of payments where the imports are more than the exports in an economy
  4. 5. A physical limit on the quantity of a good that can be imported
  5. 6. An agreement between nations to form a region in which trade and cooperation take place more freely
  6. 7. No barriers to trade
  7. 11. Goods and services produced by foreign countries and consumed by domestic households