| Clue | Answer |
| The boundary between combinations of goods and services that can be produced and those that cannot | |
| The opportunity cost of producing ONE more unit | |
| The ability to perform an activity at a lower opportunity cost than anyone else | |
| The ability to be more productive than others | |
| What is achieved when the available resources are used to produce goods and services at the lowest possible cost and in the quantities that give the greatest possible benefit | |
| The highest-valued alternative that must be given up to get something | |
| Technological features that allow average total cost to fall as output increases | |
| Lobbying for special treatment by the government to create profit by diverting gains away from others | |
| | Clue | Answer |
| The sale by a foreign firm of exports at a lower price than the cost of production | |
| Economist who developed the theory of comparative advantage | |
| Economist who argued that the division of labor is limited by the size of the market in The Wealth of Nations | |
| A tax on imports | |
| Agreement that established a free trade bloc encompassing the U.S., Canada and Mexico (1994) | |
| Name for the current round of WTO trade negotiations | |
| Argument that trade restrictions are needed to protect a new industry, enabling it to mature and compete in world markets | |
| Exceptionally high tariff adopted by Congress in 1930 | |
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