International Trade

3. International trade left to its natural course without tariffs or quotas.
4. The rate at which the general level of prices for goods and services rises.
7. Economic conflict where countries retaliate by raising tariffs on each other.
8. Restricting imports to shield domestic industries from foreign competition.
11. A consumer's desire and willingness to pay for a good or service.
13. Political and economic union of 27 nations with a single market.
14. Economic condition where a country imports more than it exports.

1. International body that regulates and facilitates global trade.
2. A tax imposed by a government on imported goods.
5. A 1994 free trade agreement between the US, Canada, and Mexico.
6. Moving business operations or manufacturing abroad to reduce costs.
9. US region that experienced severe industrial and manufacturing decline.
10. a free trade zone in Europe - where barriers to trade have been eliminated.
12. Political slogan emphasizing protectionism and "America First" trade.