MGLVA CAR010 Unit Three-Global Commerce

A case in which a company sells only its management skills?

Integration of regional economies, societies and cultures through a global network of trade?

The ability of a nation to produce a good more efficiently than any other?

Products shipped to and sold in other countries?

Making,buying, and selling goods and services within a country?

Measure of the total market value of goods and services of a country, no matter where produced?

When a country specializes in production of a good or service and is relatively more efficient

Charging another country money to import goods into your country?

The accepted behaviors, customs and values of a society?

A condition that exists when items consumers need and want are created in other countries?

A risk taker who owns and operates a business?

Dow Jones Industrial Average is?

A measure of the output of goods and services that a country produces within its borders.

The value of one country's money in relation to the value of another country's?

A partnership in which two companies share raw materials, facilities, and management?

Selling the right to use some intangible property such as a trademark for a fee?

Restrictions that reduce free trade among countries.

Another term for global or international business?

All business activities used to create, ship, sell goods and services across national borders?

Purchase of land or other resources in a country?

All business activities needed to create, ship, and sell goods and services across borders?

A limit on the total number, quantity, or monetary amounts of imports allowed?

The right to use a company name or business in a specific way?

The base currency used in global trade is the ?

Product bought from business in other countries?