Chapter 4 Vocab Marketing:)

1. Total band on specific goods coming into and leaving a country
4. Mid size or smaller companies that have operations in foreign countries
7. Selling the same product and using the same promotion methods in all countries
10. Goods and services purchased from other countries
12. international trade agreement among U.S. Canada, and Mexico
15. Creating specially designed products or promotions for a region
16. Union Europe's trading bloc in a unified currency.
17. Commercial exchange between nations without restrictive regulations
20. Letting other country use a trademark,Patent, special formula, company name
21. Limits either the quantity or the monetary value of a product that may be imported

2. Large corporations that have operations in several countries
3. of Trade Difference in the value between a nation's exports and imports
5. Trade The exchange of goods and services among nations
6. Direct Investment (FDI) Establishment of a business in a foreign country
8. Collection of nations that makes rules governing international trade
9. Government policy that restricts imports to protect domestic industries
11. all things used in producing goods and services
13. Tax on imports
14. Goods and services sold to other countries
18. Venture A business enterprise that companies set up together
19. organized way a nation provides for the needs and wants of it's people
22. Company's use of an existing product/promotion that is changed to suit the region