Economic Vocabulary Crossword Puzzle

Download and print this Economic Vocabulary crossword puzzle. Use a pencil or pen to complete the puzzle by filling in the blanks. The completed answers are included, so you can easily check your progress.

Economic Vocabulary Crossword Puzzle

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QUESTIONS LIST:

  • euro : common currency of most european union member states.
  • european union : economic and political union of 28 european nations.
  • currency exchange : converting one nation's money into an equivalent value/quantity of another's
  • embargo : block all trade with another nation. an embargo may be employed for safety reasons, but is more frequently used to punish rogue states
  • brexit : 2016 referendum whereupon majority of british citizens voted for the uk to withdraw from the eu
  • gdp per capita : the average annual income of a nation's citizens.
  • quota : place a limit on imported goods. this is done so that cheaper imports do not flood domestic markets and put domestic market producers out of business.
  • tariffs : place a tax on imported good. this id done artificially inflate the price of a cheaper foreign product so as to make the price domestic products more competitive.
  • specialization : (the abbreviation is used for this word) focusing on a narrow range of products/services that can be produced most efficiently and cost efficiently.
  • gdp : the estimated total value of all the final goods and services produced in a nation in a year's time.