Across
- 4. A government-imposed limit on the physical quantity of a specific good that can be imported into a country during a set timeframe,
- 7. The process of expanding technological, economic, and cultural integration across national borders, turning separate national economies into an interconnected global market
- 8. A term describing business operations, corporate structures, or organizations that extend beyond national boundaries and operate across multiple countries without being tied heavily to a single home nation,
- 9. A relationship where nations mutually rely on one another for the resources, goods, services, and capital necessary to sustain their economies,
Down
- 1. An economic policy of restricting foreign trade to protect domestic industries and workers from foreign competition,
- 2. Advantage: An economic principle stating that a country should specialize in producing goods or services that it can create at a lower opportunity cost than other nations,
- 3. A policy where governments do not restrict imports or exports, allowing goods and services to flow across borders without tariffs, quotas, or subsidies,
- 5. The voluntary exchange of goods, services, or commodities between buyers and sellers, occurring either domestically within a country or internationally across borders,
- 6. A tax or duty imposed by a government on imported goods, designed to make foreign products more expensive and less competitive against local alternatives