Across
- 1. The limit/potential of a country’s economy to produce goods/services (2 words, 19 letters)
- 4. A tax on imported goods (1 word, 6 letters)
- 5. This rise in prices of good/services in an economy over an amount of time, this usually decreases because of Globalisation (1 word, 9 letters)
- 6. Sending out of Goods or Services to overseas countries for sale (1 word, 6 letters)
- 10. When the total amount of a nation’s debits outweigh the nation’s credits (3 words, 21 letters)
- 12. Increase in amount of goods and services produced by a nation over an amount of time (2 words, 15 letters)
- 13. When cultures expand beyond their borders and locate in new parts of the globe, this increases awareness of other nations/groups (2 words, 21 letters)
- 17. Using energies on specialised tasks, rather than performing all required tasks (1 word, 14 letters)
- 18. Basic structures (physical and organisational) needed for the operation of a society/economy (eg. Roads)
- 20. The rate that a nation's currency is exchanged/swapped for another nation's currency (1 word, 12 letters)
Down
- 2. The bringing in of Goods or Services from overseas for sale (1 word, 6 letters)
- 3. The ability of a group/individual/nation to carry out a specific activity more efficiently than another activity (2 words, 20 letters)
- 7. A …………. Corporation, is a corporation that deals beyond its nation’s borders (1 word, 13 letters)
- 8. Economic benefit/financial aid paid to a business/economic sector provided by a government to support an activity (exports) (1 word, 7 letters)
- 9. When nations trade Goods, Services, Investments, Finances and Productive Resources more. This reduces barriers between nations, like Tariffs and Import Quotas (2 words, 21 letters)
- 11. A policy in which a government doesn’t discriminate against imports or interfere with exports by not applying tariffs/subsidies/ quotas (2 words, 18 letters)
- 14. The average exchange rate of a nation's currecncy for another nation's currency, each country's currency is given an importance (using the amount of trade done by the nation) (3 words, 16 letters)
- 15. The ability of a group/individual/nation to carry out a specific activity more efficiently than another group/individual/nation (2 words, 16 letters)
- 16. The lowest wage permitted to be paid to employees, by the law (In Australia’s case, Australian Fair Pay Commission) (2 words, 11 letters)
- 19. Economic aid/assistance offered by a nation to another (2 words, 10 letters)