Across
- 2. A type of money who's value comes from the item from which it is made,often precious metals such as silver and gold
- 4. the value of one currency expressed in terms of another
- 5. This is the legally accepted payment for goods and services
- 9. This is the practice of goods being traded between countries without any tariffs that might slow down trade
- 11. Type of protectionist trade restriction that sets a physical limit on the quantity of a good that can be imported into a country in a given period of time
- 14. The amount of something that money can buy
- 16. This is the amount of currency that can be traded for another countries currency at any given time
- 18. The paper money and coins that make up the money supply of a nation
- 19. Measures the flow of payments between one country and all other countries
- 20. This is a political and economic organization of 10 countries in southeast Asia to improve economic growth
- 21. general name for the exchange of goods and services
- 23. Finacial assistance from the government to encourage the production of or purchase of a good
- 25. This is an agreement signed in 1993 to reduce tariffs between USA, Canada, and Mexico
- 26. These are goods that are brought into one country from another
- 27. Name for a category of trade barriers that a country may impose on another country or countries
Down
- 1. This occurs when the value of a currency is matched to another currency or other value, such as gold
- 3. Ability of one country or region to specialize in producing a good that another country can produce for trade
- 6. A condition in international trade when the value of the imports into a nation is greater than the value of its exports
- 7. Tax on imported goods designed to prevent domestic companies from having to compete with foreign goods of lower price or superior quality
- 8. Difference in the monetary value of exports and imports for a country
- 10. A ban on trade with a certain country
- 12. A political and economic group that was formed in 1992 to encourage cooperation between 27 member states
- 13. This is any good transported from one country to another
- 15. This occurs when a countries exports are higher than its imports
- 17. A tax on imported goods and is usually designed to protect domestic production of similar goods
- 22. This is the ability of a nation or region to produce more of a certain product than another country or region
- 24. This is a restriction to regulate international commerce and business