Chapter 4 DECA

5. the difference between exports and imports
6. the exchange of goods and service among nations
9. limits either quantity or monetary value that may be imported
11. large corporations that have operations in several countries
15. the establishment of a business in a foreign country
16. midsize or smaller companies that have operations in foreign countries
18. a government's establishment of economic policies that sytematically restrict imports in order to protect domestic industries
19. a business enterprise that a domestic company and a foreign company undertake together
20. letting another company use a trademark, patent, special formula, company name, or other intellectual property for a fee or royalty
21. Europe's trading bloc, created the euro

1. creating specially designed products or promotions for certain countries or regions
2. an international trade agreement between the Unites States, Canada, and Mexico
3. a tax on imports
4. complete standardization
7. a total ban on specific goods coming into and leaving a country
8. hiring a foreign manufacturer to make products according to a company's specifications
10. goods and services purchased from other countries
12. a global coalition of nations that make the rules governing international trade
13. a company's use of an existing product or promotion from which changes are made
14. the commercial exchange between nations that is conducted on free market principles without regulations
17. goods and services sold to other countries