Chapter 4 Vocab

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Across
  1. 3. Limits either the quantity or the monetary value of a product that may be imported
  2. 6. Tax on imports
  3. 8. of Trade The difference in the value between a nation's exports and imports
  4. 10. Company's use of an existing product/promotion that is changed to suit the region
  5. 11. Midsize or smaller companies that have operations in foreign countries
  6. 16. Total band on specific goods coming into and leaving a country
  7. 17. Selling the same product and using the same promotion methods in all countries
  8. 21. Government policy that restricts imports to protect domestic industries
  9. 22. the organized way a nation provides for the needs and wants of its people
Down
  1. 1. Large corporations that have operations in several countries
  2. 2. Union Europe's trading bloc in a unified currency.
  3. 4. Letting other countries use a trademark, Patent, special formula, company name
  4. 5. Venture A business enterprise that companies set up together
  5. 7. Creating specially designed products or promotions for a region
  6. 9. Direct Investment (FDI) Establishment of a business in a foreign country
  7. 12. Goods and services purchased from other countries
  8. 13. Goods and services sold to other countries
  9. 14. American Free Trade Agreement (NAFTA)International trade agreement among U.S. Canada, and Mexico
  10. 15. all things used in producing goods and services
  11. 18. Trade Commercial exchange between nations without restrictive regulations
  12. 19. The exchange of goods and services among nations
  13. 20. Trade Organization (WTO) Collection of nations that makes rules governing international trade