Global Business Test Review

4. The US being able to send automobiles to Germany with no restrictions
6. Involves letting another company or licensee use a trademark, patent, special formula, or some other intellectual property for a fee or royalty
7. Coca-cola practices this when selling their products in other countries because their product is so recognizable
9. If a country imports more than they export, or the other way around, they need to look at this _______________________
11. A government's establishment of economic policies that systematically restrict imports in order to protect domestic industries
12. Involves creating specially designed products or promotions for certain countries or regions
14. If I went to Peru and started a business with a person who lives there
16. This could cause a political battle between 2 countries

1. McDonalds allowing a person in India to open a restaurant using their name and logo
2. 3 countries in North America that practice free trade
3. Is a company's use of an existing product or promotion from which changes are made; Example: The deviled ham including Spanish in their packaging to help sell in Spanish speaking countries
5. In some countries these are low which makes them an appealing place to do business (Similar to duties or tariffs)
8. Things like roadways, telecommunication systems, and technology in a country
10. Items that are brought into the US
13. The US charging a duty on textiles coming into the country
15. is a global coalition of nations that made the rules governing international trade