Across
- 3. average value of prices across an entire economy's goods + services
- 6. reason to put tariffs into effect, to protect these
- 11. doing what you're best at, and not other things
- 12. what you "go" to to buy a foreign currency
- 13. money function, making a product’s worth clear
- 15. money function, helping one save money over time for later use
- 17. an economic input Trump hopes to increase via tariffs
- 18. the phenomenon where this country pulled many manufacturing jobs from our country
- 21. feature of money, meaning people will take it in an exchange
- 23. this exists if you produce something more efficiently than a trade partner
- 24. indicating an increase in an economy's price levels over time
- 25. relying on each other to meet some of our economic needs/wants
- 26. Trump hates these; they mean we're buying more stuff from other countries than we're selling to them
Down
- 1. money function, helping individuals acquire goods/services or revenue
- 2. these are lower in countries like China, helping to attract business operations
- 4. feature of money, meaning its value is fairly consistent
- 5. a concern of Trump critics, regarding how the tariff policies have been put into place
- 7. your greatest strength, compared to a country you trade with
- 8. government measures like tariffs and embargoes, meant to protect domestic economy
- 9. what you have for all your teachers (or the term for money's value increasing over time)
- 10. cause of inflation; too much money chasing too few goods
- 14. feature of money, meaning you can make change with money
- 16. feature of money, meaning its easily moved
- 19. cause of inflation, making it more expensive for business operation
- 20. a small, young industry needing support from government to grow and thrive
- 22. import taxes
