International trade

3. Exports > Imports
6. It is a geographical area within a country where no customs duties are charged on goods entering or leaving the area.
10. It is the buying and selling of goods between countries.
12. It is a total ban on the import of a commodity.
13. A __________ authority is an organisation which is involved in supervising the movement of goods between a country and other countries.

1. It is the growing trend towards worldwide markets.
2. The practice of restricting international trade.
4. Exports < Imports
5. A good or service sold to another country is an ________.
7. An _________ duty is a tax placed on local consumption.
8. A trading _________ is an association of countries which join together to promote trade in their region.
9. _______ trade is the buying and selling of goods and services without any trade barrier.
11. A good or service bought from another country is an ________.