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International Economics

Name_________________________________

Period____________
Across
The trade agreement that removed all barriers to trade between the US, Mexico and Canada.
When a government financially assists a domestic producer so that it can better compete against foreign competition.
A register where we record all international transactions is known as the balance of _______.
People that believe we should limit or eliminate free trade.
A free trade bloc that is made up of European nations.
Things are made in foreign nations and brought into the United States for domestic consumption.
In addition to free trade, the European Union Nations also have a common ______.
When a nation can produce more of an item than another nation can it has a ______ Advantage
When a nation refuses to trade with another nation it has enacted an _____.
Down
When we limit the amount of an item we are willing to import we have enacted a _____ system.
The opposite of a protectionist is a ___ Trader.
Things that get in the way of free trade are known as ______ to free trade.
We we are exporting and importing an equal amount of goods our trade is said to be _____.
When we export more than we import we have a trade _______.
When a nation can make an item at a lower opportunity cost it has a _____ Advantage.
Things that we make in America and send to other nations.
When we import more than we export it creates a trade _____.
A tariff that is intended to protect American businesses is known as a _____ tariff.
The amount of free trade that we have sometimes allows items to make it into out nation that violate out safety ________.
A tariff that is enacted to make money for the government is known as a _____ tariff.
A tax on imports is known as ____.