Economics Puzzle

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Across
  1. 1. A trade agreement among the U.S., Canada, and Mexico to reduce trade barriers.
  2. 3. Type of economy where decisions are made based on customs, beliefs, and traditions.
  3. 4. This economic system features government ownership of key industries, aiming for equal wealth distribution.
  4. 8. A tax on imported goods used to protect domestic industries.
  5. 9. A command economy is often associated with this political system.
  6. 11. The U.S. often runs one of these when it imports more than it exports.
  7. 12. When a country focuses on producing goods it can make most efficiently, it's called this.
  8. 14. This country has a mixed economy combining socialism with strong free-market practices.
Down
  1. 2. An economic system where the means of production are privately owned and operated for profit.
  2. 5. This economic indicator reflects the rising cost of goods over time.
  3. 6. This type of economy allows supply and demand to guide production with limited government interference.
  4. 7. The global institution that monitors international trade and ensures trade flows smoothly.
  5. 10. A measure of the total value of goods and services produced in a country.
  6. 13. A country that exports oil and influences global oil prices through a cartel.
  7. 15. An organization of countries that uses a single currency and operates as a single market.