Across
- 3. a set limit on the quantity of a product that may be imported or exported within a given time period
- 4. The making, buying, and selling of goods and services within a country
- 7. exists when a country specializes in the production of a good or service with a lower opportunity cost
- 10. the value of the currency in one country compared with the value of another
- 11. a nation's transportation, communication, and utility systems
- 12. an agreement between two or more companies to share a business project
- 14. the difference between the amount of money that comes into a country and the amount that goes out of a country
- 17. When a country exports (sells) more than it imports (buys)
- 19. products that can be bought and sold
- 20. Business activities needed for creating, shipping, and selling goods an services across national borders
- 22. members do away with duties and other trade barriers allowing companies to invest freely in each other's countries (EU)
- 23. the right to use a company name or business process in a specific way
Down
- 1. When a country imports (buys) more than it exports (sells)
- 2. a company treats each country market differently
- 5. a company uses the same product and marketing strategy worldwide
- 6. tax that a government places on certain goods and services coming into a country
- 8. when a government stops the export or import of products completely
- 9. selected area where products can be imported duty free and then stored, assembled, and/or used in manufacturing
- 13. exists when a country can produce a good or service at a lower cost than other countries
- 15. member countries agree to remove duties and trade barriers on products traded among them (NAFTA)
- 16. Bringing in goods or services produced somewhere else to sell
- 18. Selling the right to use some intangible property such as a trademark or brand for a fee or royalty
- 21. Selling a good or service from this country to another country