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1. _______________ is the amount by which the value of a country’s exports are higher than imports.
trade surplus
2. _______________ is a situation in which a country buys more from others than it sells to others.
Trade gap
3. _______________ is the amount by which the value of a country’s imports are higher than exports.
Trade deficit
4. _______________ is when prices generally increase and the value of purchasing money decreases.
inflation
When someone does not have work.
Jobless
The name for when someone does not have a job but is actively trying to get one.
Unemployment
When there are no jobs on the market which match the skills of the workers who are available.
Labour shortage
Finish the sentence: Supply and
offer
inflation
demand
support
Choose the best word to complete the question: What trade _________ changes would you like to see your government make?
shortages
demand
policy
inflation
Choose the best word to complete the question: Why do countries want to put _________ on goods?
gap
surplus
tariffs
offer
