Across
- 3. an account of all its financial transactions that involve other countries during a particular time period
- 5. a government order prohibiting trade
- 6. a policy of minimizing trade restrictions
- 7. government limit on the quantity or value of a certain imported product
- 9. the difference between the value of a nation’s exports and its imports
- 10. a negative balance of trade (imports > exports)
- 13. wide-ranging regional trade agreement between the united states, canada, and mexico
Down
- 1. the cost of one currency expressed in terms of another currency
- 2. an organization that governs trade between over 140 member nations
- 4. a policy of using trade restrictions to protect domestic business from foreign competition
- 7. a product brought in for sale from a foreign country
- 8. said Nations can increase its productivity and wealth by specializing in what it produces most efficiently and trading for goods it produces less effici
- 11. a product sent to a foreign country for sale
- 12. a tax on imports