Across
- 2. the price of one nations currency in terms of another nations currency
- 3. a tax on imported goods
- 5. view of trade that limits trade to protect the nations interest, jobs, and industries
- 6. When imports are greater than exports
- 9. free trade agreement between the nations of north America
- 13. trade barrier that sets a limit on imports
- 14. When exports are greater than imports
- 18. the market for different currencies
Down
- 1. when a currency decreases in value
- 4. Producing a product at a lower opportunity cost than another nation
- 7. When a nations exports equal its imports
- 8. the interconnectedness of the worlds economies because of trade
- 10. producing more of a product than another nation
- 11. free trade block in Europe
- 12. a group of nations who have agreed to free trade
- 15. when a currency increases in value
- 16. a barrier to trade that makes trade between nations illegal
- 17. free trade agreement between the nations of south Asia