Type
Crossword
Description

What are things that people make or grow called? goods
What is the name of a job or work that is done for other people? service
This is an example of a service. electricity
What is a valuable good or skill called? resource
Trees are an example of this. naturalresource
Goods that we use can come from other ______________. countries
Goods and services that a country buys from other places are called what? imports
Goods and services that a country sells to other places are called what? exports
This may be exported from a warm country. fruit
What is something that Alberta imports? cars
What is something that Alberta exports? beef
What helps make job easier, faster, and safer? technology
Goods may be transported around the world on a what? ship
What is a valuable natural resource in Alberta? oil

Globalization Crossword

Type
Crossword
Description

strategy in which firm allows foreign country to produce its products for a fee licensing
selling products to another country exporting
arrangement whereby someone with a good idea for a business sells the right to use business name franchising
a system of trade between nations in which there are no special taxes placed on imports freetrade
a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance jointventure
long-term partnership between companies to help each company build competitive market advantages strategicalliance
simply the import and export of goods and services across international boundaries globaltrade
the value of one currency for the purpose of conversion to another exchangerate
the reduction or underestimation of the worth or importance of something devaluation
a schedule of duties imposed by a government on imported or in some countries exported goods tariff
belief in the benefits of profitable trading; commercialism mercantilism
obtain (goods or a service) from an outside or foreign supplier, especially in place of an internal source outsourcing
bringing goods or services into a country importing
the amount by which the cost of a country's imports exceeds the value of its exports tradedeficit
the amount by which the value of a country's exports exceeds the cost of its imports tradesurplus
an official ban on trade or other commercial activity with a particular country embargo
trade restriction that sets a physical limit on the quantity of a good that can be imported into a country in a given period of time importquota
the difference in value between a country's imports and exports balanceoftrade
the difference in total value between payments into and out of a country over a period balanceofpayments
an economic association (as of nations) formed to remove trade barriers among its members commonmarket

International Trade Crossword

Type
Crossword
Description

the exchange of capital, goods, and services across borders or territories International Trade
bring goods or services into a country from abroad for sale Imports
send goods or services to another country for sale Exports
the difference in value between a country's imports and exports. Balance of Trade
international trade left to its natural course without tariffs, quotas, or other restrictions. Free Trade
a tax or duty to be paid on a particular class of imports or exports Tariff
a limited quantity of a particular product that under official controls can be produced, exported, or imported. Quota
an official ban on trade or other commercial activity with a particular country. Embargo
a political and economic union of 28 member states that are located primarily in Europe European Union
the theory or practice of shielding a country's domestic industries from foreign competition by taxing imports. Protectionism
an intergovernmental organization that regulates international trade. World Trade Organization

Section 4.1 International Trade Crossword

Type
Crossword
Description

Type of advantage that occurs when a country has natural resources or talents that allow it to produce an item at the lowest cost possible ABSOLUTE
Difference in value between exports and imports of a nation BALENCEOFTRADE
Type of advantage that is the value that a nation gains by selling what it produces most efficiently COMPARATIVE
Total ban on specific goods coming into and leaving a country EMBARGO
Europe's trading bloc EUROPEANUNION
Goods and services sold to other countries EXPORTS
Commercial exchange between nations that is conducted on free market principles FREETRADE
Goods and services purchased from other countries IMPORTS
Exchange of goods ans services among nations INTERNATIONALTRADE
International trade agreement among the United States, Canada, and Mexico NAFTA
Having or showing the capacity to become or develop into something in the future POTENTIAL
Government's establishment of economic policies that systematically restrict imports in order to protect domestic industries PROTECTIONISM
Limits either the quantity or the monetary value of a product that may be imported QUOTA
Tax on imports TARIFF
The basic physical and organizational structures and facilities needed for the operation of a society or enterprise INFRASTRUCTURE
Coalition of nations that makes rules governing international trade WORLDTRADEORGANIZATION

Economic Terms Crossword

Type
Crossword
Description

The way a society organizes to produce, distribute, and consume goods and services. Economic System
Tradition determines how a society is organized to produce, distribute, and consume goods/services. Traditional
Individuals make most of the major decisions about production and distribution of goods and services Market
A central authority makes most of the major decisions about production and distribution of goods and services Command
Economic decisions are made by individuals, businesses, and government. Mixed
The worth of a good or service that is determined by the total cost of economic resources that went in to producing and providing a good or service. Value and Price
The amount of a resource, good, or service sellers are willing to sell at possible prices. Supply
How much people want of a good or service at a certain price at a certain time. Demand
People have desires that can be satisfied with goods or services Economic Wants
Human, natural, and capital resources used to produce a good or service. Economic Resources
Wants are unlimited and resources are limited. Scarcity
Goods and services are produced in better quality, quantity, and speed when someones focuses on one particular task. Specialization
People, businesses, and nations depend on others to produce their goods. Interdependence
Any place that allows buyers and sellers to trade goods and services Marketplace
Something that is used to buy and sell goods or services. Currency

INTERNATIONAL TRADE Crossword

Type
Crossword
Description

The exchange of goods and services among nations. international trade
Goods and services purchased from other countries. imports
Goods and services sold to other countries. exports
The difference in value between exports and imports of a nation. balance of trade
The commercial exchange between nations that is conducted on free market principles. free trade
A tax on imports. tariff
Limits either the quantity or monetary value of a product that may be imported. quota
A total ban on specific goods coming into and leaving a country. embargo
A coalition of nations that makes rules governing international trade. world trade organization
Trade agreement among the United States, Canada, and Mexico. NAFTA
Europe's trading bloc. european union
An Act laying an Embargo on all ships and vessels in the ports and harbors of the United States in 1807. embargo act
The communist country in which the United States imposed a commercial, economic, and financial embargo. cuba
A protective tariff passed by the Congress of the United States on May 19, 1828, designed to protect industry in the northern United States. tariff of abominations
Top export of China computers
China's top export destination. United States
49th largest export economy in the world. Nigeria
Iraq's top export. refined petroleum
Top export destination of the United States. canada
Argentina's top export soybean meal
Sweden's #1 export. cars
People who benefit from the competition that the foreign companies offer. Customers
8th largest export economy in the world Italy
An increased import tariff in the United States, adopted on March 2, 1861, during the administration of President James Buchanan. Morrill Tariff Act
Country apart of the North American Free Trade Agreement that is located below the United States. Mexico
Middle Eastern Country in which crude petroleum is the top export. Saudi Arabia
European country in which the main export is electric locomotives. Germany
5th largest export of aluminum pipe fittings. United Kingdom

Crossword Puzzlemaker

Type
Crossword
Description

the ability of a party to produce a greater quantity of a good, product, or service than competitors, using the same amount of resources. AbsoluteAdvantage
send (goods or services) to another country for sale Export
grant a license to permit the use of something or to allow an activity to take place Licensing
a commercial enterprise undertaken jointly by two or more parties that otherwise retain their distinct identities. Joint Venture
an investment made by a foreign person or organization in a particular country, or the total value of this type of investment. Foreign Direct Investment
is a manufacturer that contracts with a firm for components or products. Contact Manufacturing
Abbreviation for North American Free Trade Agreement NAFTA
a free trade agreement (legally a treaty under international law, but not under U.S. law). CAFTA
a tax or duty to be paid on a particular class of imports or exports. Tariffs
an official ban on trade or other commercial activity with a particular country Embargo
the difference in value between a country's imports and exports. Balance of Trade
the amount by which the cost of a country's imports exceeds the value of its exports. Trade Deficit
the value of one currency for the purpose of conversion to another. Exchange Rate
obtain (goods or a service) from an outside or foreign supplier, especially in place of an internal source. Outsourcing
bring (goods or services) into a country from abroad for sale. Import
an authorization granted by a government or company to an individual or group enabling them to carry out specified commercial activities. Franchise
a limited or fixed number or amount of people or things. Quotas
exchange (goods or services) for other goods or services without using money. Bartering
the amount by which the value of a country's exports exceeds the cost of its imports Trade Surplus
a group of countries imposing few or no duties on trade with one another and a common tariff on trade with other countries. common market

International Trade and Finance Crossword

Type
Crossword
Description

The exchange of capital goods, and services across international borders/ territories International Trade
Ability of an individual or group to carry out a particular economic activity more efficiently than another individual or group Absolute Advantage
The difference in total value between payments into and out of a country over a period Balance of Payments
The ability of an individual/ group to carry out a particular economic activity more efficiently than another activity Comparative Advantage
An official ban or trade or other commercial activity without a particular economic activity more efficiently than another activity Embargo
An association of European nations formed in 1993 for the purpose of achieving political and economic intergrantion European Union
Send (goods or services) to another country for sale Exports
A country's exchange rate regime under which the government or central banks ties the official exchange rate to another countries currency or to the price of gold Fixed Exchange Rate
A monetary system that allows the exchange rate to be determined by supply and demand Flexible Exchange Rate
The rate at which one currency will be exchanged for another Foreign Exchange Rate
bring (goods or services) into a country form abroad for sale Imports
The amount by which the value of a countries exports exceeds the cost of its imports Trade Deficit
Are used to restrict trade, as they increase the price of imported goods and services, making them more expensive to consumers Tariff
The amount by which the value of a countries exports exceeds the cost of its improts Trade Surplus
A government-imposed trade restriction that limits the number, or monetary value, of goods that can be imported or exported during a particular time period Quota
The economic policy of restricting quotas, and a variety of other government regulations Protectionism
an agreement among the United States, Canada, and Mexico designed to remove tariff barriers between the three countries NAFTA
The only global international organization dealing with the rules of trade between nations WTO
A multilateral agreement regulating international trade GATT

Economics Vocabulary Crossword

Type
Crossword
Description

An example of the means of production in an economy factory
In this type of economy, the government owns the factories socialism
Adam Smith used this phrase to describe competition in the marketplace invisiblehand
In this type of government, power is passed down through families monarchy
In this economic system, the government does not get involved in the economy capitalism
In socialist economies, wealth is divided ______________________. equally
Voting is an important element of this type of government democracy
a time of big changes revolution
the way something is made to happen; resources means
one of the two countries that engaged in the Cold War Russia
Democracy is the ______________________ system in the U.S. political
In a capitalist society, the means of production are ______________________ owned. privately
Earning money for work is known as wage ___________________. labor
Capitalism is based on a free __________________. market
things people by and sell goods
Under communism, there is no private ___________________. property
capital money
new or recent modern
people living together in an organized community society
a large land mass continent
France and Spain are on this continent Europe
Washington, D.C. is closest to this ocean Atlantic
Japan and Hawaii are islands in this ocean Pacific

Microeconomics Crossword

Type
Crossword
Description

A diagram used to represent the monetary transactions in an economy. Circular Flow Diagram
The market place in which final goods or services are offered for purchase by consumers, businesses and public sector. Product market
A type of business entity that's owned and run by one person. Sole proprietorship
A type of business owned or run by two owners. Partnership
A financial gain. Profit
A company or group of people authorized to act as single entity. Corporation
A state of limited competition, in which a market is shared by a small number of producers. Oligopoly
Only one market gives services Monopoly
A type of market that sells similar products. Monopolistic Competition
The part of economics concerned with single factors and the effects of individual decisions. Microeconomics
A market where a business can go and purchase resources to produce goods and services Resource Market
Buyers will exchange with sellers when they want to purchase goods or services from sellers. Medium of exchange
All else equal, an increase n price results in an increase in quantity supplied Law of Supply
All other factors being equal, as the price of a good or service increase Law of Demand
Price of good or service of which quantity supplied is equal to quantity demand Market clearing price
A measure used in economics to show the responsiveness of the quantity demanded of a good or service to change in its price Price elasticity of demand
A measure used in economics to show the responsiveness or elasticity of the quantity supplied of a good or service to a change in price. Price elasticity of Supply
A market that has a broad range of cometitors who are selling identical products Pure Competition
Something that motivates or encourages someone to do something Incentive
An excess of production Surplus

Exploring Careers Crossword

Type
Crossword
Description

knowing one's own thoughts, feelings, and actions self awareness
the different ways people naturally think and learn learning styles
favorite activities interests
a skill that has been developed abilitiy
an individual's feelings, actions, habits, and thoughts personality
the potential a person has for learning a skill aptitude
the ability to perform a task due to training and experience skill
ideas a person lives by values
the things about work that are important to a person work values
values that reflect the importance of money in a person's happiness economic values
what a person does for pay job
a set of related job skills and experiences occupations
a work history of one or more jobs in the same of related fields of interests career
working at least 40 hours per week full time
the way a person uses his or her time, energy, and other resources lifestyle
the ways people make make, buy, and sell goods and services economy
items that people sell goods
activities people do for others for a fee services
all the world's economies and how they are linked global economy
the need for workers and the kind of work available to them job market
all people over the age of 16 who work or are seeking work labor force
the buying and selling of goods and services via the internet e-commerce
equal emplyment opportunity for all, regardless of gender gender equality
a change over a period of time trend
a group of people who work together to set goals and make decisions to solve problems and put ideas into action team
a wide varietyof workers with different backgrounds, experiences, ideas, and skills in the work place workforce diversity
a flexible work arragement that allows 2 part time employees to divide one full-time job job sharing
using outside resources to preform activities traditionally handled by internal company staff outsourcing
working at home for a company telecommute
a work schedule that allows workers to choose work hours that fit their particular needs flex time
designing and constructing structures that enclose space to meet human needs architecture
building structures construction