Intro Chapter 3 Study Game

Goods and services sold to another country

An agreement between 2 or more companies from different countries to share a business project

The international organization that settles trade disagreements and enforces trade-free agreements is the

an informal trade barrier is created by government actions

Stopping the importing or exporting of a certain product or service

Religion is an element of the ____________ component of the international business environment

An organization that conducts business in several countries

Infrastructure is a significant factor that affects the economic development of a country

The value of a country’s currency is likely to decline as a result of

A country that wished to enhance international trade activities would most likely use

A company is planning to sell the rights to its brand name for use in other countries. This is an example of a

Which of the following would be an example of international business?

When a country’s imports exceed its exports, there is a trade

Government restrictions to reduce free trade

The difference between a county’s total payments to other countries and its total receipts from other countries

A tax that a government places on certain imported products

Goods and services bought from another country

The difference between a country’s total exports and the total imports of goods

A limit on the quantity of a product that may be imported and exported within a given period

A nation’s transportation, communication, and utility systems

The value of money of one country expressed in terms of the money in another country