Unit 7 Vocab Strategy

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Across
  1. 2. When a countries currency becomes weaker and imports become more expensive
  2. 3. (2 words no space)When a country focuses on producing items it can make more efficiently or at a lower opportunity cost compared to other countries
  3. 5. This is a tax on imports
  4. 6. More than one in ______ Georgia jobs depend on international trade
  5. 8. (2 words no space)This tells you the value of your currency in another country's currency
  6. 10. (2 words no space)When a country can produce a good more efficiently than any other country
  7. 11. This is limiting imports
Down
  1. 1. (2 words no space)This refers to a government imposed restriction that limits the flow of goods between countries
  2. 4. When a countries currency becomes stronger and has a greater purchasing power
  3. 7. This is a trade barrier that involves examination of imported goods
  4. 9. This is the blocking on imports