Across
- 2. (FDI) the establishment of a business in a foreign country
- 3. a government's establishment of economic policies that systematically restrict imports in order to protect domestic industries
- 5. goods and services traded to other countries
- 6. involves creating specially designed products or promotions for certain countries or regions
- 7. (EU) Europe's trading bloc.
- 9. involves letting another company, or licensee, use a trademark, patent, special formula, company name, or some other intellectual property for a fee or royalty
- 10. complete standardization
- 11. large corporations that have operations in several countries
- 12. total ban on specific goods coming into and leaving a country
- 14. limits either the quantity or monetary value of a product imported
- 15. (WTO) a global coalition of nations that make the rules governing international trade
- 16. involves hiring a foreign manufacturer to make products according to a company's specification
- 18. a busines enterprise that a domestic company and a foreign company undertake together
- 19. a company's use of existing product or promotion from which changes are made
- 20. a tax on imports
- 21. (NAFTA) a international trade agreement among the US, Canada, and Mexico
Down
- 1. commercial exchange between nations conducted on free market principles
- 4. exchange of goods and services among nations
- 8. midsize or smaller companies that have operations in foreign countries
- 13. the difference in value between exports and imports
- 17. goods and services purchased from other countries