Global Industry

5. a tax that the government places on certain imported products
7. Rate Is the amount charged by a lender to a borrower for the use of their money
9. Corrupt Practices Act a United States federal law that was enacted in 1977 to make the bribery of foreign officials to obtain or keep a business illegal
10. Investment Is the purchase of the majority of a company or foreign business other than purchasing a company's shares
11. Debt Is the debt owed by a government
14. Linkage Is the ability to compete and participate in the global market
15. Stability Occurs when investors look to support stable countries with strong economic performance
20. of Payments the difference between the amount of money that comes into a country and the amount that goes out of it
21. Company an organization that does business in several countries
22. Goods and services sold to other countries
23. exchange Is the exchange of one currency for another or the conversion of one currency into another
24. items bought from other countries

1. Rate the value of a currency in one country compared with the value in another
2. Venture an agreement between two or more companies to share a business project
3. Investment Is a “passive” or “hands-off” investment in a company
4. Show a country is spending more on foreign trade than it is earning
6. Trade Takes place when tariffs between member countries are eliminated or reduced
7. refers to a nation's transportation, communication, and utility systems
8. Is when a business creates the efficient production of a specific product, which is typically shipped abroad to countries which do not produce the product
12. Is the rate at which the level of prices for goods and services are rising and purchasing is falling
13. the limit on the quantity of a product that may be imported or exported
16. stops the import or export of a product completely
17. Advantage Is when a company sells goods and services at a lower price than its competitors and still gains larger profits, despite selling at a lower cost
18. Integration Occurs when different countries or regions agree to reduce or eliminate trade barriers and coordinate monetary and fiscal policies
19. of Trade the difference between a country's total exports and total imports
25. barriers restrictions to free trade