Economics Trade Crossword Puzzle

QUESTIONS LIST:

• grants: money given that does not have to be paid back.
• imports: goods and services brought into a country.
• exports: good and services sent out of a country.
• balance: _ of payments. when imports and exports are equal.
• surplus: trade _ -when there are more exports than imports
• deficit: trade _ - when there are more imports than exports.
• protectionism: trade _ - a nation protecting its economy from other economies.
• tariffs: tax on imported goods.
• subsidies: money paid by a government to producers of a good or service.
• free: _ trade-trade without barriers such as tariffs etc.
• fair: _ trade-trade that encourages good labor standards, environmental protection, etc.
• blocs: trade _ : a group of countries that agree to integrate their economies.
• asean: trade bloc in south-east asia.
• eu: trade bloc in europe, uses euro as currency.
• globalization: movement of goods, services, etc. between countries.
• multinational corporations: corporations that operated in many countries.