International Trade

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Across
  1. 3. Deficit Economic condition where a country imports more than it exports.
  2. 6. Trade Organization (WTO) International body that regulates and facilitates global trade.
  3. 7. Trade International trade left to its natural course without tariffs or quotas.
  4. 8. A tax imposed by a government on imported goods.
  5. 10. A consumer's desire and willingness to pay for a good or service.
  6. 11. The rate at which the general level of prices for goods and services rises.
  7. 13. Belt US region that experienced severe industrial and manufacturing decline.
Down
  1. 1. Moving business operations or manufacturing abroad to reduce costs.
  2. 2. Political slogan emphasizing protectionism and "America First" trade.
  3. 4. Restricting imports to shield domestic industries from foreign competition.
  4. 5. Union Political and economic union of 27 nations with a single market.
  5. 9. A 1994 free trade agreement between the US, Canada, and Mexico.
  6. 12. War Economic conflict where countries retaliate by raising tariffs on each other.