BUS075 Unit TWO-Global Commerce

Another term for global or international business?

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

Product bought from business in other countries?

The accepted behaviors, customs and values of a society?

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

Purchase of land or other resources in a country?

A risk taker who owns and operates a business?

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

Products shipped to and sold in other countries?

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

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

Restrictions that reduce free trade among countries.

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

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

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

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

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

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

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

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

Dow Jones Industrial Average is?

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

Charging another country money to import goods into your country?

The base currency used in global trade is the ?

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