Chapter 4 Vocab

2. Selling the same product and using the same promotion methods in all countries
5. all things used in producing goods and services
7. government policy that restricts imports to protect domestic industries
9. Difference in the value between a nation's exports and imports
13. organized way a nation provides for the needs and wants of it's people
15. Goods and services purchased from other countries
16. Company's use of an existing product/promotion that is changed to suit the region
17. The exchange of goods and services among nations
19. Letting other country use a trademark,Patent, special formula, company name
20. Commercial exchange between nations without restrictive regulations
21. Establishment of a business in a foreign country
22. total band on specific goods coming into and leaving a country

1. A business enterprise that companies set up together
3. International trade agreement among U.S. Canada, and Mexico
4. Creating specially designed products or promotions for a region
6. Limits either the quantity or the monetary value of a product that may be imported
8. Collection of nations that makes rules governing international trade
10. Goods and services sold to other countries
11. Large corporations that have operations in several countries
12. Union Europe's trading bloc in a unified currency.
14. Mid size or smaller companies that have operations in foreign countries
18. Tax on Imports