Across
- 3. taxes on foreign goods to protect domestic industries and to earn revenue
- 7. RATE value of one country's currency expressed in the currency of another country
- 9. FIRM a firm that owns or controls production or service facilities in more than one country
- 13. CULTURE communication tends to occur through nonverbal signs and indirect suggestions
- 15. COUNTRY country in which the business has its headquarters
- 16. COUNTRY foreign location where it has facilities
- 17. selling products or services to buyers in another country
- 18. milder form of an embargo that bans specific business ties with a foreign country
- 19. BARRIERS non-tax methods of discouraging trade
Down
- 1. limits the quantity or value of units permitted to enter a country
- 2. FIRM company headquarters
- 4. ALLIANCES firms agree to cooperate on certain aspects of business while remaining competitors on other aspects
- 5. foreign branches if registered as independent legal entities
- 6. OWNED SUBSIDIARY firm sets up a business abroad on its own without any partners
- 7. government may ban companies from doing business with particular countries
- 8. LICENSING one company allows a company in another country to make and sell products according to certain specifications
- 10. the practice of selling goods in a foreign market at a price that is below cost or below what it charges i its home country
- 11. CULTURE people communicate directly and explicitly
- 12. buying goods or services made in a foreign country
- 14. VENTURE two or more firms share the costs of doing business and also share the profits