Chapter 4 vocabulary

1. Total band on specific goods coming into and leaving a country
2. Letting other countries use a trademark, Patent, special formula, company name
8. Selling the same product and using the same promotion methods in all countries
11. Europe's trading bloc in a unified currency.
12. Difference in the value between a nation's exports and imports
13. tax on imports
14. goods and services purchased from other countries
16. Commercial exchange between nations without restrictive regulations
19. Collection of nations that makes rules governing international trade
20. Mid size or smaller companies that have operations in foreign countries

1. goods and services sold to other countries
3. International trade agreement among U.S. Canada, and Mexico
4. Government policy that restricts imports to protect domestic industries
5. Establishment of a business in a foreign country
6. all things used in producing goods and services
7. Large corporations that have operations in several countries
9. Company's use of an existing product/promotion that is changed to suit the region
10. A business enterprise that companies set up together
11. organized way a nation provides for the needs and wants of it's people
15. The exchange of goods and services among nations
17. Creating specially designed products or promotions for a region
18. Limits either the quantity or the monetary value of a product that may be imported