Business Vocab

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Across
  1. 1. the power of an agent to act on behalf of a principal even though not expressively or impliedly granted
  2. 3. bring goods or services into a country from abroad for sale
  3. 7. a card that allows you to purchase goods or services on credit
  4. 9. belonging or relating to a place of learning
  5. 11. North American free trade agreement
  6. 13. the exchange of goods and services between countries
  7. 14. a fixed share of something that a person or group is entitled to receive or is bound to distribute
  8. 15. characterized by honesty, fairness and equity/good behavior
  9. 17. the body of rules governing the dealings between persons in commercial matters
  10. 18. the exchange of domestic goods within the boundaries of a country
  11. 20. the quality of being suitable for paid work
  12. 21. the management of large amounts of money
  13. 22. the difference in value between a country's imports and exports
  14. 23. an exchange of promises in which terms between the parties are bound either orally or written
  15. 31. a form of loan that is paid off over an extended period of time greater than 3 years
  16. 32. a limited quantity of a particular product that can be produced, exported, or imported
  17. 33. Bloc a type pf intergovernmentalagreement
  18. 35. a relationship in which 1 individual owes another fiduciary duty to act in the others interest
  19. 36. an interest rate, calculates the percentages of the principal you'll pay each year
  20. 37. loans with little to no collateral that are repaid in a year or less
  21. 38. legally binding written agreements between 2 or more business parties
  22. 39. an official ban on trade with a particular country
Down
  1. 2. the competence or skill expected of a professional
  2. 4. the amount by which the cost of a country's imports exceeds the value of its imports
  3. 5. the practice of shielding a country's domestic industry from foreign competition by taxing imports
  4. 6. countries around the world exchanging goods with each other
  5. 8. the collection of laws and regulations pertaining to air and water quality and wild life
  6. 10. the global organization dealing with the rules of trade, WTO
  7. 12. run between1-3 years and paid in monthly installments from a company's cash flow
  8. 16. the body of law that regulates the operation and procedures of government agencies
  9. 19. a work or invention that's the result of creativity
  10. 24. an agreement refers to an arrangement in which one entity legally appoints another to act on its behalf
  11. 25. a yearly charge by banks and financial institutions to customers for use of their credit card
  12. 26. the process of finding solutions to difficult or complex issues
  13. 27. sending goods or services to another country for sale
  14. 28. in proportion to the estimated value the goods or transaction concerned
  15. 29. international trade left to its natural course without tariffs, quotas, or other restrictions
  16. 30. a tax or duty to be paid on a particular class of imports or exports
  17. 34. general agreement on tariffs and trade