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Economics and Accounting.

Crosswords: External Environment and Growth

Across

2. Another name for multinationals 5. __ integration; when firms in the same industry and same stage of production join together 8. __integration; businesses in same industry and different stage of production. 9. Increase in effectiveness, efficiency and profitability due to integration 13. Businesses manufacturing and selling goods in more than one country 14. Agreement between two businesses to join together to form one united business. 15. Growth; expansion of a business by means opening new branches, shops and factories

Down

1. Type of economy where government interference is minimum 3. Businesses diversified across different industries 4. The trend towards free international trade and free movement of capital between nations. 6. No restrictions or trade barriers to limit trade between countries 7. Safeguarding domestic industry by setting trade barriers. 10. Limits on the physical quantity or value of certain goods that may be imported 11. Taxes imposed on imported goods 12. Type of the economy where both private and public sector exists

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