Across
- 4. someone who lives and works outside his or her native country
- 8. nontax methods of increasing the cost or reducing the volume of imported goods
- 9. a strategic alliance in which two existing companies collaborate to form a third, independent company
- 10. the risk associated with changes in laws and government policies that directly affect the way foreign companies conduct business
- 14. North American Free Trade Agreement a regional trade agreement between the U.S. , Canada, and Mexico
- 18. a limit on the number or volume of imported products
- 20. selling domestically produced products in foreign countries
- 23. voluntarily imposed limits on the number or volume of products exposed to a particular country
- 27. Asia-Pacific Economic Cooperation a regional trade agreement between Australia, Canada, Chile, the People's Republic of China, Hong Kong, Japan, Mexico, New Zealand, Papua New Guinea, Peru, Russia, South Korea, Taiwan, the U.S., and all the members of ASEAN except Cambodia, Laos, and Myanmar
- 28. a government's use of trade barriers to shield domestic companies and their workers from foreign competition
- 29. a direct tax on imported goods
- 30. a collection of networked firms in which the manufacture or marketer of a product or service, the franchisor, licenses the entire business to another person or organizaiton, the franchisee
- 31. Dominican Republic-Central America Free Trade Agreement a regional trade agreement between Brunei Darussalam, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam
- 32. government loans, grants, and tax deferments given to domestic companies to protect them from foreign competition
- 33. the set of shared values and beliefs that affects the perceptions, decisions, and behavior of the people from a particular country
Down
- 1. the buying and selling of goods and services by people from different countries
- 2. when a multinational company has offices, manufacturing plants, and distribution facilities in different countries and runs them all using the same rules, guidelines, policies, and procedures
- 3. a regional trade agreement between most European countries
- 5. an agreement in which companies combine key resources, costs, risks, technology, and people
- 6. modifying rules, guidelines, policies, and procedures to adapt to differences in foreign customers, governments, and regulatory agencies
- 7. the successor to GATT; WTO; the only international organization dealing with the global rules of trade between nations; its main function is to ensure that trade flows as smoothly, predictably, and freely as possible
- 10. the relative cost of a standard set of goods and services in different countries
- 11. a method of investment in which a company builds a new business or buys an existing business in a foreign country
- 12. a corporation that owns business in two or more countries
- 13. new companies that are founded with an active global strategy and have sales, employees, and financing in different countries
- 15. a standard ostensibly established to protect the health and safety of citizens but, in reality is often used to restrict imports
- 16. an agreement in which a foreign business owner pays a company a fee for the right to conduct that business in his or her country
- 17. the risk of major changes in political regimes that can result from war, revolution, death of political leaders, social unrest, or other influential events
- 19. areas in which tariff and nontariff barriers on trade between countries are reduced or eliminated
- 21. foreign offices, facilities, and manufacturing plants that are 100 percent owned by the parent company
- 22. a classification assigned to imported products by government officials that affects the size of the tariff and the imposition of import quotas
- 24. an agreement in which a domestic company, the licensor, receives royalty payments for allowing another company, the licensee, to produce the licensor's product, sell its service, or use its brand name in a specified foreign market
- 25. a worldwide trade agreement that reduced and eliminated tariffs, limited government subsidies, and established protections for intellectual property
- 26. government-imposed regulations that increase the cost and restrict the number of imported goods