Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
6 Cards in this Set
- Front
- Back
|
Outsourcing |
Textbook: A business strategy that involves reducing cost by using suppliers of products and services in countries where labour is cheaper and government regulation may be less strict |
|
|
Containerization |
Textbook: The transportation of goods in standardized shipping containers |
|
|
Trade Liberalization |
Textbook: A process that involves countries in reducing or removing trade barriers, such as tariffs and quotas, so goods and services can move around the world more freely |
|
|
Free Trade |
Textbook: The trade that occurs when two or more counties eliminate tariffs and taxes on the goods and services they trade with one another |
|
|
Consensus |
Textbook: General agreement |
|
|
Sanctions |
Textbook: An economic penalty |
