Chapter 6 & 7 Vocab Quiz Crossword
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
 
 
Down: 1) a certificate prepared by the exporter that provides a description of the merchandise and the terms4) a organization of countries that bond together to allow a free flow of products 5) a certificate representing money borrowed by a company over a long period of time6) system in which currency values are based on supply and demand8) the process of converting the currency of one country into the currency of another country.9) a contract a person or company buys that allows the buyer the option to purchase a foreign currency sometime in the future at today’s rate12) the total flow of money coming into a country minus the total flow going out 13) a market situation with many sellers, each with a slightly different product16) a currency that is not easy to exchange for other currencies18) the network of banks and other financial institutions that buy and sell different currencies21) a bank whose major function is to provide economic assistance to less-developed countries22) a monetary unity that is freely converted into other currencies23) amount owed by a customer to a company that sells on credit26)  a written order by an exporter to an importer to make a payment27) the exchange of products or services among companies in different countries with the possibility of some currency exchange28)  a document that states a promise to pay a set amount by a certain date29)  the cost of using someone else’s money32) buying or selling on account Across: 2) government restrictions to regulate the amount and value of a nation’s currency3) the amount of money of currency of one country that can be traded for one unit of the currency of another country7) the total amount a country owes to other countries as a result of important more goods and services than the country exporting 10) control of an industry by few large companies11) a company that arranges to shop goods to customers in other countries 14) the exchange of goods and services between two parties with no money involved15) terms of sale that mean the selling price of the product includes the cost of loading the exported goods into transport vessels at the specified place 17) an agency that helps to promote economic cooperation by maintaining an orderly system of world trade and exchange rates19) a document stating the agreement between the exporter and the transportation company 20) a group of companies in the same type of business24) a document granted by the state or federal government that allows a company to organize as a corporation 25) a financial document issued by a bank for an importer in which the bank guarantees payment30) a certificate explaining the amount of insurance coverage for fire, theft, water, or other damage that may occur to goods in shipment31) a market situation with many sellers, each offering the same product33) amount owned to a supplier34) a situation in which one seller controls the entire market for a product or service 35) government employee authorized to collect the duties levied on imports 36) an expensive, long-term financial estate37) anything people will accept for the exchange of goods and service38) the price includes the cost of the goods and freight, but the buyer must pay for insurance separately 39) conditions of a sale on account including the time required for payment40) a method of moving payments through banking computer systems41) the cost of the goods, insurance, and freight are included in the price of quoted.
 

 

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