Key terms associated with regional integration

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Across
  1. 3. is a term used to describe the increasing connectedness and interdependence of world cultures and economies.
  2. 9. is a company that operates in its home country, as well as in other countries around the world.
  3. 10. free or no restrictions on the movement of goods, capital,services,and people between countries.
Down
  1. 1. is an agreement among several parties, government and groups.
  2. 2. is the removal or reduction of restrictions or barriers on the free exchange of goods between nations. These barriers include tariffs, such as duties and surcharges, and nontariff barriers, such as licensing rules and quotas.
  3. 4. groups of countries that establish rules for trade between all participating countries. These rules are designed to limit trade barriers such as subsidies, tariffs, and quotas.
  4. 5. is a region in which a group of countries has signed a free trade agreement and maintain little or no barriers to trade in the form of tariffs or quotas between each other.
  5. 6. also known as a trade block, a group of countries imposing few or no duties on trade with one another and a common tariff on trade with other countries.
  6. 7. is an agreements between two parties, government and groups.
  7. 8. also called customs duty, tax levied upon goods as they cross national boundaries, usually by the government of the importing country.