International Trade Crossword Puzzle

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ENTREPRENEURSHIP : It's the factor that brings together all the other factors of production while working
PRODUCTIVITY : It's a measure of the efficiency of factors of production
PRODUCTION : ... takes inputs and uses them to create a product suitable for consumption - a good or a product that has value to the end user or customer
IMPORT : A good or service bought in one country that was produced in another
MERCANTILISM : An economic system (Europe in 18th century) to increase a nation's wealth by government regulation of all of the nation's commercial interests
EXPORT : Commodities (goods or services) sold to a foreign country
TARIFF : It's a tax imposed by the government of a country on imports or exports of goods
RETAIL : It's the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers
COUNTER TRADE : It's a reciprocal form of international trade in which goods or services are exchanged for other goods or services rather than for hard currency
BALANCE : The trade ... is the difference between the value of the goods that a country exports and the value of the goods that it imports
PROTECTIONISM : What government policy restricts international trade to help domestic industry?
TRADE : The process of exchanging goods, services, values and money
OPEN : ... economy - the economy of a country that has a high degree of integration into the global economic space
POLICY :  A trade ... is set in place by a government and affects the number of goods and services a country exports and imports
SPECIALIZATION : When we concentrate on a product or task
CLOSED : ... economy – a country's economy aimed at self-isolation
GROWTH : Economic ... is an increase in the production of economic goods and services in one period of time compared with a previous period
BARTER : It is a direct and on-the-spot exchange of products of equivalent value or importance
PARADOX : When a country with a higher capital per worker has a lower capital/labor ratio in exports than in imports, this is called a Leontief's ...
EFFICIENCY :  It's the capability of producing the desired result with the least amount of time and effort

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QUESTIONS LIST:

entrepreneurship : it's the factor that brings together all the other factors of production while working
productivity : it's a measure of the efficiency of factors of production
production : ... takes inputs and uses them to create a product suitable for consumption - a good or a product that has value to the end user or customer
import : a good or service bought in one country that was produced in another
mercantilism : an economic system (europe in 18th century) to increase a nation's wealth by government regulation of all of the nation's commercial interests
export : commodities (goods or services) sold to a foreign country
tariff : it's a tax imposed by the government of a country on imports or exports of goods
retail : it's the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers
counter trade : it's a reciprocal form of international trade in which goods or services are exchanged for other goods or services rather than for hard currency
balance : the trade ... is the difference between the value of the goods that a country exports and the value of the goods that it imports
protectionism : what government policy restricts international trade to help domestic industry?
trade : the process of exchanging goods, services, values and money
open : ... economy - the economy of a country that has a high degree of integration into the global economic space
policy : a trade ... is set in place by a government and affects the number of goods and services a country exports and imports
specialization : when we concentrate on a product or task
closed : ... economy – a country's economy aimed at self-isolation
growth : economic ... is an increase in the production of economic goods and services in one period of time compared with a previous period
barter : it is a direct and on-the-spot exchange of products of equivalent value or importance
paradox : when a country with a higher capital per worker has a lower capital/labor ratio in exports than in imports, this is called a leontief's ...
efficiency : it's the capability of producing the desired result with the least amount of time and effort