Across
- 3. Policy restricting trade
- 7. Benefit to sellers from higher prices
- 8. Good requiring more capital per unit
- 9. Limits on quantity of imports
- 11. Agreement eliminating trade barriers
- 17. Barriers that are not tariffs
- 18. Benefit to buyers from lower prices
- 20. Market-determined currency system
- 23. Domestic price relative to world price
- 25. Purchasing power equivalence across countries
- 26. Tax on imported goods
- 27. Global trade governing body
- 29. One-factor trade model driven by productivity differences
- 30. Exports minus imports
- 33. Price of one currency in terms of another
- 37. Loss of efficiency from trade barriers
- 40. Production boundary showing max output combinations
- 41. Country abundant in capital
- 44. Government support for exporters
- 45. Firm-level productivity model of trade
- 48. Quantity restriction on imports
- 49. Trade share of total output
- 50. Currency gaining value
- 52. Same good sells for same price globally
- 53. Trade model based on factor endowments
- 54. Short-term international capital flows
Down
- 1. Government-fixed currency system
- 2. Trade driven by increasing returns
- 4. Ratio of export prices to import prices
- 5. Opportunity cost expressed in relative prices
- 6. Currency losing value
- 10. Policy replacing imports with domestic production
- 12. Gains from trade not equally shared
- 13. Country exports goods using its abundant factor
- 14. Record of all international transactions
- 15. Interest parity condition linking rates and exchange
- 16. Account tracking goods and services trade
- 19. Good requiring more labor per unit
- 21. Gains from specialization across countries
- 22. Trade equalizes wages and returns
- 24. Difference between domestic and world price
- 28. When exports exceed imports
- 31. Total value of trade flows
- 32. Country abundant in labor
- 34. Total value of goods and services produced
- 35. Export restriction agreement
- 36. Trade within the same industry
- 38. Larger markets lowering average costs
- 39. Cross-border investment in firms
- 42. Account tracking capital flows
- 43. Government support for strategic industries
- 46. Tariff maximizing national welfare
- 47. When imports exceed exports
- 51. Selling goods below cost abroad