Chapter 4 Vocab

6. Selling the same product and using the same promotion methods in all countries
7. organized way a nation provides for the needs and wants of it's people
9. International trade agreement among U.S. Canada, and Mexico
11. Europe's trading bloc in a unified currency.
12. The exchange of goods and services among nations
14. Goods and services sold to other countries
16. trade Commercial exchange between nations without restrictive regulations
17. Company's use of an existing product/promotion that is changed to suit the region
19. Large corporations that have operations in several countries
20. Creating specially designed products or promotions for a region
22. Government policy that restricts imports to protect domestic industries

1. Establishment of a business in a foreign country
2. of trade Difference in the value between a nation's exports and imports
3. Limits either the quantity or the monetary value of a product that may be imported
4. Mid size or smaller companies that have operations in foreign countries
5. Goods and services purchased from other countries
8. all things used in producing goods and services
10. Total band on specific goods coming into and leaving a country
13. Collection of nations that makes rules governing international trade
15. A business enterprise that companies set up together
18. Letting other country use a trademark,Patent, special formula, company name
21. Tax on imports