Across
- 3. Currency used by most of the European Union
- 4. Economic system based on private ownership and free markets
- 7. Economic system where the government makes all economic decisions
- 8. The total value of all goods and services a country produces in a year
- 10. When a country buys more from abroad than it sells
- 11. Economic system mixing government control and free markets
- 12. Agreement between countries to reduce trade barriers
- 14. A limit on the amount of a good that can be imported
Down
- 1. Economic system where the government owns and controls all production
- 2. The idea that countries should produce goods they can make most efficiently
- 5. Economic system where tradition and customs guide production
- 6. The global system connecting economies through trade and investment
- 9. A tax placed on imported goods to make them more expensive
- 10. When a country sells more goods abroad than it buys
- 13. Organization that oversees global trade rules between nations