Chapter 4 Vocab

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