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10 Cards in this Set
- Front
- Back
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Exports
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goods and services sold to another country
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Quota
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a limit on the quantity of a product that may be imported and exprted within a given period of time
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Multinational Company or Corporation
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an organization that conducts business in several countries
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Exchange Rate
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the value of money of one country expressed in terms of the money of another country
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Imports
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goods and services bought from another country
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Embargo
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stopping the importing or exporting of a certain product or service
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Balance of Trade
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the difference between a country's total exports and total imports of goods
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Tariff
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a tax that the government places on certain imported products
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Balance of Payments
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the difference between a country's total payments to other countries and its total recipts from other countries
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International Business
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the business activities necessary for creating, shipping, and selling goods and services across national borders
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