Intro Chapter 4 Review

3. tax incentive where a corporation does not pay taxes for a time after investing.
8. The country in which a multinational enterprise is headquartered.
10. A government system in which political control is held by one person or a small group of people.
11. A political system in which all people take part in making the rules that govern them.
14. A limit on the amount of a product that can be imported from a given country.
15. A policy of restricting foreign ownership of local companies and hindering foreign imports.
16. Government takeover of a foreign-owned business.
17. market Member countries eliminate trade barriers, encourage investment, and allow workers to move freely across borders.

1. Means by which people in a society make the rules by which they live.
2. Designation given to certain countries granting that country under the lowest customs duty rates.
4. Absolute restriction on the import of certain products from certain countries.
5. An arrangement between countries that eliminates duties and trade barriers on products traded among members.
6. Complete ban on any trade with particular country.
7. Designated area where products can be imported duty-free.
9. A country in which a multinational enterprise is a guest.
12. a tax on imported products.
13. The process whereby people function as good citizens and are sensitive to their surroundings.