Across
- 2. economics, the application of economic theory in optimizing the production and distribution of food and fiber
- 4. organization, a field that builds on the theory of the firm by examining the structure of firms and markets
- 5. proliferation, the spread of nuclear weapons
- 10. balance of trade, imports of a country exceed its exports
- 13. large-scale economic factors
- 17. of payments, the difference in the total value between payments made in and out of a country
- 18. trade, the exchange of capital, goods, and services across international borders or territories
- 19. transferable merchandise
- 20. finance, the study of the role of the government in economics
Down
- 1. a general increase in prices and fall in the purchasing value of money
- 3. economics, a branch of economics that uses microeconomic techniques to evaluate well-being at the aggregate level
- 6. the percentage of people who are out of work and actively seeking new work
- 7. of mass destruction, a biological or radioactive weapon that can cause widespread death
- 8. economics, type of economics that was popular in the 19th century
- 9. an economic theory stating that trade generates wealth
- 11. balance of trade, exports of a country exceed its imports
- 12. an economic policy in which a country restricts or taxes imports
- 14. supply, total amount of money in circulation in a country
- 15. economics, the functioning and dynamics of the markets for wage labor
- 16. surplus, where a country's exports exceed its imports