Across
- 2. When the firm setts up a business abroad on its own without any partners.
- 6. The country in which the business has its headquarter.
- 8. Selling products or services to buyers in other countries.
- 15. provides low-cost, long-term loans to less-developed countries to develop basic industries and facilities.
- 16. the customs, beliefs, values, and patterns of behavior of the people of a country or group.
- 21. Help countries that are facing serious financial difficulties in paying for their imports or repaying loans.
- 24. Practice of selling goods in a foreign market at a price that is below cost or below what it charges in its home country.
- 27. Buying goods or services made in a foreign country.
- 30. To gain a trad advantage, a country should specialize in products or services that it can provide more efficiently than can other countries
- 31. Best example for of an advanced form of trading bloc.
- 32. milder form of an embargo that bans specific business ties with a foreign country.
- 33. Firms agree to cooperate on certain aspects of business while remaining competitors on other aspects.
Down
- 1. two or more firms share the costs of doing business and also share the profits.
- 3. People communicate directly and explicitly.
- 4. Canada and the United States signed a similar agreement with Mexico.
- 5. typically means business activities that occur between two or more countries.
- 7. Records investment funds coming into and going out of a country.
- 9. International organization that creates and enforces the rules governing trade among countries.
- 10. occurs when one company allows a company in another country to make and sell products according to certain specifications.
- 11. Value of one country's currency expressed in the currency of another country.
- 12. The foreign branches, if registered as independent legal entities
- 13. The foreign location where it has facilities.
- 14. Communication tends to occur through nonverbal signs and indirect suggestions.
- 17. For political reasons, a government may bar companies from doing business with particular countries.
- 18. Nontax methods of discouraging trade.
- 19. limits the quantity or value of units permitted to enter a country.
- 20. All international transactions are recorded in an accounting statement.
- 22. Group of two or more countries that agree to remove all restrictions between them on the sales of goods and services, while imposing barriers on trade with and investment from countries that are not part of the bloc.
- 23. firm that owns or controls production or service facilities in more than one country.
- 25. Records the value of goods and services exported and those imported from foreigners, as well as other income and payments.
- 26. Company headquarters called.
- 28. EU members took a major step toward integrating their economies by merging their national currencies into a single new currency.
- 29. Taxes on foreign goods to protect domestic industries and to earn revenue.