Across
- 1. A tax on imported goods.
- 2. The value of one currency for the purpose of conversion to another.
- 4. Economic interactions between countries worldwide.
- 5. Combines elements of market and command economies.
- 11. A limit on the amount of a product that can be imported or exported.
- 15. Market balance between supply and demand
- 17. Consumer desire for a product
- 18. The system of production and consumption in a country.
- 19. Bringing goods into a country from abroad.
- 22. Trade that happens by mutual agreement.
- 25. Excess amount of goods
- 26. Economic activities in a specific community.
Down
- 1. Restrictions that make trade difficult between countries.
- 3. The means by which countries distribute resources and trade goods.
- 6. Economic system based on supply and demand.
- 7. Sending goods to another country for sale.
- 8. Group of businesses that produce similar goods or services.
- 9. Insufficient supply of a product
- 10. Trade that promotes better prices and working conditions for producers.
- 12. A business or company.
- 13. Essential items required for survival.
- 14. The limited availability of resources.
- 16. Desires for goods and services that are not essential.
- 20. Amount of a product available for sale.
- 21. Economic system where businesses are privately owned.
- 23. Government controls production and pricing.
- 24. The study of how societies use scarce resources.