ECONOMICS FOR THE IB DIPLOMA: CROSSWORDS

Name Date

Chapter 16 Crossword Puzzle - Core (SL and HL)

ACROSS
2 In the balance of payments, refers to government borrowing from abroad
12 Credits greater than debits in the financial account
14 Outflows of money in the balance of payments
22 The value of exports of services minus the value of imports of services

Economics for the IB Diploma - Tragakes & Rock-Lacroix © Cambridge University Press 2021 1
 ECONOMICS FOR THE IB DIPLOMA: CROSSWORDS

23 Inflows minus outflows from foreign direct investments, portfolio investment,

changes in reserve assets and official borrowing
24 A currency value smaller than its equilibrium value
25 Investment in financial assets like stocks and bonds
26 Transfer of money from one country to another by foreign workers
who send money home
27 Debits greater than credits in the financial account

DOWN
1 Credits greater than debits in the current account
3 An increase in the value of a currency in a fixed (or pegged) exchange rate system
4 Fixed exchange rate system
5 Exchange rates that float, but with periodic intervention to influence their value
6 A record of all monetary transactions between one country and all other countries
7 Inflows minus outflows from trade in goods and services plus income and
current transfers
8 The price of a currency expressed in terms of another currency
9 The value of exports of goods minus the value of imports of goods
10 Debits greater than credits in the current account
11 An increase in the value of a currency in a floating or managed exchange
rate system
13 Investment in productive facilities by a firm based in one country in
another country
15 A currency value greater than its equilibrium value
16 Buying and selling currencies in order to make a profit
17 Foreign currencies held by central banks
18 The currencies of different countries around the world
19 Inflows of money in the balance of payments
20 A decrease in the value of a currency in a fixed (or pegged) exchange rate system
21 A decrease in the value of a currency in a floating or managed exchange rate system

Economics for the IB Diploma - Tragakes & Rock-Lacroix © Cambridge University Press 2021 2