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CHAPTER 6

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CHAPTER 6
 

Crossword Puzzle

CHAPTER 6Online version

INTERNATIONAL TRADE

by arianniii
1

Trade that happens within a country’s borders.

2

Exchange of goods and services between countries.

3

A limit on how many goods can be imported.

4

One advantage of international trade is higher _______.

5

Theory developed by Adam Smith about trade efficiency.

6

Theory developed by David Ricardo about opportunity cost.

7

Argument that prevents foreign firms from selling below cost.

8

When the currency value falls compared to others.

9

Tax applied per unit of imported goods.

10

Component of the BOP that records trade in goods and services.

1
9
3
7
8
5
10
2
4
 
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