Doing Business in Global Markets

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Across
  1. 2. tariff that raises money for governments
  2. 4. politically motivated embargoes that revoke a country's normal trade relations status
  3. 5. an advantage a country should sell the products it produces most efficiently and buy from other countries the products it cannot produce as efficiently
  4. 9. when a firm provides the right to manufacture its products or use its trademark to a foreign company for a fee
  5. 10. an unfavorable balance of trade
  6. 12. complex form of bartering in which several countries each trade goods or services for other good or services
  7. 13. the movement of goods and services among nations without political or economic barriers
  8. 15. lowers the value of a nation's currency relative to others
  9. 18. purchasing goods and services from sources outside a firm rather than providing them within the company
  10. 19. when the value of a country's exports is more than that of its imports
  11. 20. buying products from another country
Down
  1. 1. tariff that raises the retail price of imports so domestic goods are competitively priced
  2. 3. a contractual agreement whereby someone with a good idea for a business sells others the rights to use the name and sell a product/service in a given area
  3. 6. taxes on imports
  4. 7. selling products in a foreign country at lower prices than those charged in the producing country
  5. 8. a limit on the number of products in certain categories that a nation can import
  6. 11. government policies aimed at shielding a country's industries from foreign competition
  7. 14. selling products to another country
  8. 16. a complete ban on the import or export of certain product or the stopping of all trade with a particular country
  9. 17. an advantage a country has a monopoly on producing a specific product or is able to produce it more efficiently than all other countries