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10 Cards in this Set
- Front
- Back
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boycott
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a group's refusal to deal commercially with some organization to protest against its policies
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countertrade
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trade between two countries where goods are traded for other goods and not for hard currency
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cultural imperialism
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the brief that on's own culture is superior to that of other nations; can take the form of an active, formal policy or a more subtle general attitude
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direct invesment
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when a firm maintains 100% ownership of its plants, operation facilities, and offices in a foreign country, often through the formation f wholly owned subsidiaries
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dumping
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the practice of selling a good in a foreign market at a price that is lower than its domestic price or below its cost.
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duty
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a tax levied on a good imported into a country
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environmental concerns
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include, but are not limited to, the excessive use of natural resources and energy, refuse from anubacutring processes, excess trash created by sonsumer goods packages, and hard to dispose of products like tires, cell phone, and computer monitors
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exchange control
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refers to the regulation of a country's currency exchange rate
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exchange rate
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the measure of how much one curency is owrth in relation to another
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exporting
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producing goods in one country and selling them in another
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