Across
- 3. An order of a government prohibiting the movement of merchant ships into or out of its ports.
- 8. surplus Amount exports exceed imports: the difference, measured in monetary value, between a nation's imports and its exports when the exports exceed the imports
- 9. trade Economic transactions that are made between countries.
- 12. rate The ratio at which a unit of the currency of one country can be exchanged for that of another country.
- 13. An organization founded in 1960 of nations that export large amounts of petroleum: formed to establish oil-exporting policies and set prices.
- 14. A direct pecuniary aid furnished by a government to a private industrial undertaking, a charity organization, or the like.
- 17. An official list or table showing the duties or customs imposed by a government on imports or exports.
- 20. Association of Southeast Asian Nations.
- 22. To ship (commodities) to other countries or places for sale, exchange, etc.
- 23. The share or proportional part of a total that is required from, or is due or belongs to, a particular district, state, person, group, etc.
- 24. trade balance Trade surplus
- 26. Commerce: World Trade Organization
- 27. bank U.N. bank: a specialized agency of the United Nations, established in 1944, that guarantees loans to member nations for the purpose of reconstruction and development.
Down
- 1. policy A policy pursued by a nation in its dealings with other nations, designed to achieve national objectives.
- 2. advantage The ability of an individual or group to carry out an economic activity, such as production, at a lower cost and more efficiently than another entity
- 4. U.S. trade agreement: a free trade agreement signed between the United States and Canada in 1989, and extended to include Mexico in 1994.
- 5. Authoritative permission or approval, as for an action.
- 6. trade balance Trade deficit
- 7. (Of a company or organization) to purchase (goods) or subcontract (services) from an outside supplier or source.
- 10. A source of supply, support, or aid, especially one that can be readily drawn upon when needed.
- 11. advantage A business situation in which a provider of goods or services is more profitable or efficient than all of its competitors, by having a smaller total input per unit of output business
- 15. The act or process of imparting or acquiring general knowledge, developing the powers of reasoning and judgment, and generally of preparing oneself or others intellectually for mature life.
- 16. An international organization that promotes the stabilization of the world's currencies and maintains a monetary pool from which member nations can draw in order to correct a deficit in their balance of payments:
- 18. To bring in (merchandise, commodities, workers, etc.) from a foreign country for use, sale processing, reexport, or services.
- 19. Gross domestic product
- 21. Chemical elements: europium
- 25. deficit Difference between imports and exports: the difference, measured in monetary value, between a nation's imports and its exports when the imports exceed the exports