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Business Math I

On the back of this page, with a pencil, write each word three times in cursive. Be ready for a spelling quiz Tuesday Jan 14
Across
A fee charged for every product entering a country
Consumer desire & willingness to pay a prices for a specific good or service
Goods sold to other countries
A nation's land labor, capital, entrepreneurship
Problem arises with unlimited wants cannot be fulfilled with limited resources
Relying on each other as individuals or as a nation
A nation concentrates productive efforts to produce a limited variety of goods
US,Canada, & Mexico agree to remove tariff barriers
Amount or asset exceeds the portion utilized
Payments made to domestic business to help compete with foreign business
Down
Man-made resources used to produce other goods and services
Prohibition of trade with another country based on politics
Demand exceeds supply
Willingness to assume risks or organizing & coordinating resources to produce goods & services
Quantity of commodity in the market and available for purchase, or at a particular price
Buying and selling between countries or individuals
Goods bought from other countries
Money in circulation, form used by a country
Supply and demand are balanced
Government imposed trade restriction