marketing ch 4 vocab

3. Creating specially designed products or promotions for a region
7. all things used in producing goods and services
8. Goods and services purchased from other countries
10. Total band on specific goods coming into and leaving a country
13. Tax on imports
14. Trade The exchange of goods and services among nations
17. Venture A business enterprise that companies set up together
18. organized way a nation provides for the needs and wants of it's people
19. Large corporations that have operations in several countries
20. Limits either the quantity or the monetary value of a product that may be imported
21. Goods and services sold to other countries
22. Collection of nations that makes rules governing international trade

1. of Trade Difference in the value between a nation's exports and imports
2. Establishment of a business in a foreign country
4. Mid size or smaller companies that have operations in foreign countries
5. Trade Commercial exchange between nations without restrictive regulations
6. Government policy that restricts imports to protect domestic industries
9. Company's use of an existing product/promotion that is changed to suit the region
11. Selling the same product and using the same promotion methods in all countries
12. Letting other country use a trademark,Patent, special formula, company name
15. Union Europe's trading bloc in a unified currency.
16. International trade agreement among U.S. Canada, and Mexico