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International Trade

MM

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Across
3.danger of foreign trade. threat ___ ___________ 2, 7 (3 Words)
8.a country has an advantage in the production of a good 8 , 9 (2 Words)
9.a leakage from the circular flow of income 7
10.an assumption of comparative advantage4 ,5, 6 (3 Words)
12.total imports exceed total exports in money terms 7
15.visible export 8
17.danger of foreign trade. D____ 7
18.an invisible export 7, 8 (2 Words)
19.A form of protection or barrier to trade 6
20.benifit of foreign trade 7, 6 (2 Words)
21.a source of comparative advantage to Ireland 4 , 10 (2 Words)
22.It reduces the competitiveness of exports. cost ___ _____ 2, 6 (3 Words)
Down
1.one country has an advantage in both goods 11, 9 (2 Words)
2.negative effect of a quota. _______ prices 6
4.another name for a tax on imports 8
5.visible import 4
6.difference between visible imports and visible exports 7, 2, 5 (3 Words)
7.an assumption of comparative advantage 2, 9, 5 (3 Words)
11.total imports less than total exports in money terms 6
13.an invisable import 8, 6 (2 Words)
14.a source of comparative advantage to Ireland 4, 7 (2 Words)
16.an item on the capital account of the balance of payments 7 , 6 (2 Words)

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