Chapter 4 DECA Vocab
Across
- 2. large countries that have operations in several countries
- 5. goods and services purchased from foreign countries
- 6. involves hiring a foreign manufacturer to make products according to a company's specs
- 8. total ban on specific goods coming from and into a country
- 12. creating specially designed products or promotions for certain countries or regions
- 13. commercial exchange between nations that is conducted on free market principals
- 15. a company's use of an existing product or promo from which changes are made
- 17. business enterprise that a domestic company and foreign company undertake together
Down
- 1. involves letting another company or licensee use a trademark or intellectual property for royalty or fee
- 2. midsize or smaller companies that have foreign operations
- 3. goods and services sold to other countries
- 4. difference in value between exports and imports
- 5. exchange of goods and services among nations
- 7. a gov't's establishment of economic policies to protect domestic industries systematically
- 9. complete standardization
- 10. tax on imports
- 11. limits quantity or monetary value of a product that may be imported
- 13. establishment of a business in a foreign country
- 14. global coalition of nations that make the rules governing international trade
- 16. international trade agreement among U.S., Canada, and Mexico
- 18. europe's trading bloc