Chapter 4 vocab
Across
- 3. Exchange of goods and services among nations
- 4. an international trade agreement among the united states canda and mexico
- 8. involves hiring a foreign manufacturer to make products according to a companys specifications
- 9. Creating specially designed products or promotions for certain countries or regions.
- 13. a companys use of an existing product or promotion from which changes are made
- 16. A total ban on specefic goods coming into and leaving a country
- 17. Midsize or smaller companies that have operations in foreign countries
- 19. Goods and services purchased from other countries
- 20. Complete standardization
Down
- 1. Europes trading block
- 2. Limits either the quanity or the monetary value of a product
- 5. The establishment of a business in a foreign country
- 6. A tax on imports
- 7. The commercial exchange between nations
- 10. A business enterprise that a domestic company and a foreign company undertake together
- 11. A global colation of nations that make the rules governing international trade
- 12. Involves letting anonther company or license use a trade mark patent or some other intelectual property
- 14. A goverments establishment of economic policies that systematicaly restrict imports in order to protect domestic industries
- 15. A trade surplus occurs when a nation exports more than it imports
- 17. Large corporations that have operations in several countries
- 18. goods and services sold to other countries