Business

2. The value of a currency in one country compared with the value in another
6. Selling the right to use some intangible property (production process, trademark, or brand name) for a fee or royalty
8. An organization that does business in several countries. It usually consists of a home country and divisions or separate companies in 1 or more host countries
10. The difference between a country's total imports and exports
11. An action imposed by the government to stop the export or import of a product completely
12. Business activities needed for creating, shipping, and selling goods and services across national borders
13. A situation in which a country specializes in the production of a good or service at which it is relatively more efficent
14. A unique business organized by 2 or more other businesses to operate for a limited time and for a specific project. It is a type of partnership
15. An agreement between member countries to remove duties and trade barriers on products traded among them
18. A selected area where products can be importated duty-free and then stored, assembled, and/or used in manufactoring
19. A written contract granting permission to operate a business to sell products and services in a set way
20. Goods and services sold to other countries
21. A situation in which a country imports (buys) more than it exports (sells)

1. The difference between the amount of money that comes into a country and the amount that goes out of a country
3. A situation where a country can produce a good or service at a lower cost than other countries
4. A government-set limit on the quantity of a product that may be imported or exported within a given period
5. The accepter behaviors, customs, and values of a society
7. Goods and services bought from other countries
9. The making, buying, and selling of goods and services within a country
16. Restrictions to free trade
17. A situation in which a country exports (sells) more than it imports (buys)