Across
- 2. a global coalition of nations that make the rules governing international trade
- 3. a total ban on specific goods coming into and leaving a country
- 7. an international trade agreement among the United States, Canada, and Mexico
- 10. goods and services purchased from other countries
- 11. involves hiring a foreign manufacturer to make products according to a company's specifications
- 13. limits either the quantity or the monetary value of a product that may be imported
- 15. complete standardization
- 17. the establishment of a business in a foreign country
- 18. a government's establishment of economic policies that systematically restrict imports in order to protect domestic industries
- 20. large corporations that have operations in several countries
- 21. tax on imports, may be called a duty
Down
- 1. exchange of goods and services among nations
- 4. midsize or smaller companies that have operations in foreign countries
- 5. involves creating specially designed products or promotions for certain countries or regions
- 6. the commercial exchange between nations that is conducted on free market principles without any regulations
- 8. the difference in value between exports and imports
- 9. Europe's trading bloc
- 12. involves letting another company, or licensee, use a trademark, patent, special formula, company name, or some other intellectual property for a fee or royalty
- 14. goods and services sold to other countries
- 16. a company's use of an existing product or promotion from which changes are made
- 19. a business enterprise that a domestic company and a foreign company undertake together