Across
- 2. A state with this system advocates collective or governmental ownership and administration of the means of production and distribution of goods.
- 4. Seizure of an entire industry, either with or without compensation.
- 5. A system for interpreting and enforcing laws.
- 8. A state with this system tries to regulate most aspects of public and private behavior.
- 9. Exposure to potential loss or adverse effects on company operations and profitability caused by developments in a country’s political and legal environments.
- 10. The most important participant in legal systems. It has the power to enact and enforce laws.
Down
- 1. A set of formal institutions that constitute a government.
- 3. Ideas or works created by individuals or firms, including discoveries and inventions.
- 6. A ban on exports to or imports from a certain country in order to isolate it.
- 7. A penalty imposed on one or more countries by another country (for example tariffs, trade barriers, import duties and import or export quotas).
