Chapter 3 Intro to Business

Another word for international business is called?

A tax that a government places on certain imported projects is called?

The accepted behaviors, customs, and values of a society are called?

Items bought from other countries is called?

About how many countries does the United States conduct trade with?

A nation's transportation and communication system is called?

Which is NOT an economic factor that affects international business?

Which country has an absolute advantage in coffee production?

The cost of using someone else's money is called?

The difference between the amount of money that comes in a country and the amount that goes out

Which is NOT a cultural factor that affects international business?

Exists when a country can produce products at a lower cost than other countries is called?

Items sold to other nations are called?

A restriction to free-trade is called?

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

A strategy that uses the same product and marketing strategy worldwide is called?

The making, buying, and selling of products within a country is called?

When a country specializes in the production of goods more efficiently is called?

The value of a currency in one country compared to another is called?

The difference between a country's total exports and total imports is called?

The amount a country owes to other countries is called?

A situation that exists when a country imports more than it exports is called?

The country in which the multi-national companies places business activities is called?

A unique business organized by two or more other businesses to operate for a specific project?

When governments sets a limit on a quantity of a product being imported or exported?

A written contract granting permission to operate a business to sell products in a set way?

An organization that does business in several different countries is called?

When a government completely stops the import or export of a product it is called?

A selected area where products can be imported duty-free and then stored, assembled, or used?

A situation that exists when a country exports more than it imports

A market in which members do away with duties and other trade barriers is called?