Across
- 2. – When a company enters a foreign market by purchasing an existing business in that country instead of starting from scratch, it is called a _______
- 5. – Selling goods in a foreign market at a price lower than in the domestic market.
- 10. – Investment made by a company in a foreign country’s business or assets is called -------- investment.
- 11. – Replaced by USMCA, promoted North American trade.
- 12. – A tax imposed on imported goods to protect domestic industries.
- 13. – This agreement, signed in 1947, aimed to reduce trade barriers and was later replaced by the World Trade Organization.
- 14. – This institution maintains global financial stability and provides monetary assistance to countries.
- 16. – A geographic area where goods can be imported and exported without customs duties is called a ________ Zone.
- 17. – A company that only operates within its home country is called a _____ business.
- 19. – A formal agreement between countries that governs international relations.
- 20. – An international financial institution that provides loans for development projects.
Down
- 1. – Toyota and Kirloskar Group collaborated to form an automobile company in India. This type of business arrangement is called a _______.
- 3. – Government regulations, trade policies, and stability affect businesses in a country. This refers to the _____ environment.
- 4. – McDonald's modifying its menu to include McSpaghetti in the Philippines and McPaneer Wraps in India is an example of the _______ approach.
- 6. – Jumbled: TUNCOMONDAIC (necessary for legal and financial compliance).
- 7. – A business strategy where companies focus on a specific region rather than the entire global market.
- 8. - ---------- organisation is global organization regulates international trade agreements.
- 9. – A government-imposed ban on trade with a particular country, often for political or security reasons, is known as a _______.
- 15. – McDonald's operates in multiple countries but adapts to local cultures. Which stage of internationalisation is this?
- 18. – The EU, GCC, and NAFTA are examples of organizations that belong to _______
