Trade

3. Belonging to, situated, or from another country/place
6. Payments to domestic companies which allow for production at a lower cost
11. union An international organization of European countries formed after WW2 to reduce trade barriers and increase cooperation among its members
12. Obtain (goods or a service) from an outside or foreign supplier, especially in place of an internal source
17. A deficiency or lack of something. Yearly debt
18. economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state.
20. Government intervention in a market that affects the production of a good

1. and demand Relationship between the amount of product and the desire for the product
2. advantage The ability of a country to produce a good at a lower cost than another country can.
4. having to do with the household or family or nation
5. game a situation which one person's gain is another's loss
7. The division of labor that aids the development of skill in a particular type of work
8. the theory or practice of shielding a country's domestic industries from foreign competition by using tariffs and giving subsidies to domestic industies
9. the characteristics of a population with respect to age, race, and gender
10. the basic physical and organizational structures and facilities (buildings, roads, power supplies, etc.) needed for the operation of a society or enterprise
13. The use of technology to ease human labor or to extend the mental or physical capabilities of humans.
14. Exporting a product at a price below the price it normally sells for in its home market or below cost. This is usually done to build market share.
15. Producing results without waste
16. Actions or processes that involve the entire world and result in making something worldwide
17. The sum of all deficits. Money owed
19. A tax on imported goods