Across
- 3. a product that is sold to the global market
- 6. the exchange of goods and services between countries
- 8. average GDP per capita in the US
- 9. country whose comparative advantage is in specialized, capital-intensive labor
Down
- 1. the potential benefits that an individual, investor, or business misses out on when choosing one alternative over another
- 2. involves focusing on one product or a limited scope of products so as to become more efficient
- 4. exists in the forms of tariffs, subsidies, and quotas
- 5. the products that a country can produce more cheaply or easily than other countries
- 7. a product that is bought from the global market
- 10. a barrier to international trade