Across
- 3. A market outside a company’s home country.
- 5. Investment made by a firm or individual in one country into business interests located in another country, typically by acquiring lasting interest and control
- 9. The removal or reduction of trade barriers (tariffs, quotas, regulations) to encourage free trade between countries.
- 11. Converting money from one country’s currency to another for trade or investment.
- 17. The process of countries and businesses becoming more connected worldwide.
- 21. Regulatory or procedural measures (other than tariffs) that countries use to control the amount of trade across their borders, such as quotas, standards, or licensing
- 23. The global decentralized market where currencies are traded; it determines exchange rates and facilitates international payments.
- 25. A principle in international trade where a country grants to one trading partner the same trade advantages (e.g., low tariffs) that it grants to its most-favored trading partner.
Down
- 1. The economic principle that a country should specialize in producing goods or services it can produce at a lower opportunity cost than other countries
- 2. pricing of goods, services, or intangibles transferred between related entities (e.g., subsidiaries) within a multinational enterprise, often scrutinized for tax minimization.
- 4. A tax on imported goods to protect local industries or raise revenue.
- 6. The network of people and companies involved in making and delivering a product internationally.
- 7. A record of all economic transactions between residents of a country and the rest of the world over a specific period; includes current, capital, and financial accounts.
- 8. A group of countries that agree to reduce or eliminate trade barriers among themselves and adopt common policies to facilitate economic integration (e.g.,free trade area, customs union, common market).
- 10. The system by which a country manages its currency in relation to other currencies (e.g., fixed, floating, or pegged exchange rates).
- 12. Selling goods or services to another country.
- 13. A tax imposed by a government on imported goods, used to protect domestic industries or generate revenue.
- 14. A company that operates in multiple countries, managing production or services internationally.
- 15. The exchange of goods and services between countries.
- 16. Differences in language, customs, and business practices between countries.
- 18. Buying, selling, or trading goods and services across countries.
- 19. International trade in which goods and services are exchanged partly or wholly without using money, often used when currency convertibility or credit is limited
- 20. Buying goods or services from another country.
- 22. The potential for losses or adverse effects on business operations and profitability due to political changes, instability, or government actions in a host country.
- 24. An economic development strategy where a country seeks to achieve rapid growth by focusing on producing goods for export markets