Across
- 7. produce a greater quantity of a good than the other country
- 8. selling goods cheaper in a foreign market than in their domestic market
- 10. restricts exchange of goods
- 12. forbids trading as a punishment
- 13. restriction on the amount of goods imported
- 15. cartel that controls the global oil supply
- 17. a country imports a variety of goods and services
Down
- 1. government influences its currency’s exchange rate to gain an unfair advantage
- 2. financial support from another government
- 3. a good coming into the country
- 4. produces a good at a lower opportunity cost
- 5. penalty used to provide incentives for obedience
- 6. a good leaving the country
- 9. a tax on imported goods
- 11. regulations on certain goods being exported
- 14. removes all trade barriers
- 16. removed trade barriers between U.S, Canada, and Mexico in 1994