International Business Continued

A country in which a multinational company conducts business activities is called the

A(n) __________  is the right to use a company name or business process in a specific way.

The __________________ rate is the value of a currency in one country compared with the value in another

When a government completely stops the import or export of a product, it is called a(n)__________

If a nation imports more than it exports, it has a trade

The accepted behaviors, customs, and values of a society are referred to as___________________

This international trade organization was created in 1944 to provide loans for rebuilding after World War II.

A country specializes in the prod. of a good or service at which it is more efficient is called _______advantage.

_____________________rates are the cost of using someone else’s money

Selling the right to use some intangible property for a fee or royalty is called

International business is frequently referred to as world or___________________trade.

Which of the following is NOT a goal of the World Trade Organization?

Licensing

Items bought from other countries are called

A nation’s transportation, communication, and utility systems is referred to as its

A(n) ________________  company is an organization that does business in several countries.

The key factors that affect a country’s level of economic development are

Foreign __________ is the amount a country owes to other countries.

A limit that a government places on the quantity of a product that may be exported or imported during a given period is

A negative or________  balance of payments occurs when a country sends out more money than it brings in.

A trade _____________  is a restriction to free trade.

A tax that a government places on certain imported products is called a(n)

Common market members