Unit 3 Review

3. agency of the UN that provides loans for less developed countries
4. works to improve trade relations around the world
7. total goods/services produced in a country
9. treaty between U.S and Canada that sought to promote trade, reduce tariffs
11. removing gov regulations to a business for more competition
12. group of eight democracies that meets to discuss economic policies
13. companies controlled by a parent company
15. process of reducing barriers to trade
16. works with world bank and provides short term financial assistance
18. believes gov acts in best interest of public, must pull economy out of bust

1. made to establish a postwar international monetary system
2. government owned companies
5. price at which a national currency can be bought for another
6. concern about the impact of foreign investment on a country's identity
8. sale of gov-owned industries to private businesses
10. offers countries new opportunities for growth and trys to bring about change
12. aimed to reduce trade barriers among member countries
14. tax imposed on imports to increase price and reduce competition
17. believes people act in their own business,avoid boom-bust cycles
19. worlds largest common market, addresses issues like citizen rights