Across
- 3. A trade agreement made in 1994 between the U.S., Canada, and Mexico.
- 4. When a country deliberately changes the value of its money to gain trade advantages.
- 6. A law that forbids trading with another country, usually done as punishment for bad behavior.
- 7. When a company sells a product in a foreign market at a lower price than in its home market.
- 8. A benefit given to an individual, business, or institution, usually by the government.
- 10. Trading goods and services all over the world.
- 12. A tax on goods that are imported from a target nation.
- 14. International trade that removes all trade barriers between countries.
- 16. A good or service manufactured in one country and sold in a different country.
Down
- 1. The ability of an individual or group to carry out a particular economic activity more efficiently than another individual or group.
- 2. The ability of a party to produce a good or service at a lower opportunity cost than others.
- 5. A government regulation, or tax that restricts the free exchange of goods and services, especially across national borders.
- 9. The economic decisions of one country can affect the economies of other nations.
- 11. Cartel that controls the global oil supply.
- 13. A good or service brought in from another country.
- 15. A limit or restriction on how many of a good can be imported into a country.