International business

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Across
  1. 2. Taxes imposed by a government on goods imported into or exported out of a country.
  2. 3. Form of countertrade where goods or services are exchanged directly for other goods or services without the use of money.
  3. 5. A global business organization that represents companies from all sectors and regions. It sets rules and standards for international trade, such as Incoterms, and advocates for open trade and investment, as well as the resolution of commercial disputes
  4. 6. Set of standardized rules published by the International Chamber of Commerce (ICC) that define the responsibilities of buyers and sellers in international trade transactions.
  5. 7. The party that purchases goods, services, or intellectual property from a seller
  6. 12. The legal or contractual duties that parties must fulfill as part of an agreement. This can include payment terms, delivery schedules, quality standards, or compliance with local laws and regulations.
  7. 14. Reciprocal form of international trade in which goods or services are exchanged for other goods or services, rather than for money. This can include barter, counter-purchase, offset agreements, and compensation deals.
  8. 15. A company that is fully or partially owned and controlled by another company, known as the parent company.
  9. 16. The protection against financial losses that may arise from risks such as damage to goods during transit, non-payment by buyers, or political instability in a foreign country.
  10. 17. An arrangement where one party (the lessor) allows another party (the lessee) to use an asset, such as machinery, equipment, or property, for a specified period in exchange for regular payments.
  11. 18. A type of countertrade agreement in which a company supplies technology, equipment, or machinery to a foreign country and agrees to purchase a portion of the output produced using that equipment.
Down
  1. 1. System of money used in a particular country or region.
  2. 2. A type of countertrade agreement in which a company provides goods, services, or technology to a foreign partner and receives payment in the form of products or services produced by that partner, rather than in cash.
  3. 4. An Incoterm using which the seller covers the costs and risks of delivering the goods to the port of shipment and loading them onto the vessel. After loading, the buyer bears all costs and risks.
  4. 8. The application of scientific and technical knowledge to design, develop, and implement products, systems, or projects. This can include the construction of infrastructure, development of technology, or customization of products to meet local market requirements in different countries.
  5. 9. A form of countertrade where a seller agrees to buy goods or services from the buyer’s country as a condition of the original sale.
  6. 10. An international organization that regulates and facilitates global trade between nations. It provides a framework for negotiating trade agreements, resolving disputes, and ensuring that trade flows as smoothly, predictably, and freely as possible.
  7. 11. Provision of expert advice and services to organizations seeking to expand, optimize, or manage their operations across borders.
  8. 13. The party that provides goods, services, or intellectual property to a buyer in exchange for payment.
  9. 15. Legally binding agreement between a buyer and a seller that outlines the terms and conditions of a transaction, including the description of goods, price, delivery terms, payment terms, and responsibilities of each party.