Unit 3: Globalisation and the UK economy 0.0 / 5 ? EconomicsWhy do countries trade?GCSEOCR Created by: al2000Created on: 05-05-15 22:04 86275341 Across 1. Absence of tariffs, quotas & regulations used to reduce or prevent trade among nations (4, 5) 5. The exchange of goods and services across international boundaries (13, 5) 6. Being better than another country at providing a good or service (14) 7. The expansion of world trade in goods and services leading to greater international interdependence (13) Down 2. Being able to provide with fewer resources and at a lower cost (8, 9) 3. Where an action is taken that reduces international trade (10) 4. A tax placed on imports to increase the price and reduce the quantity demanded (6) 8. A company that has operations all over the world (13, 7)
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