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;
13 Cards in this Set
- Front
- Back
risk |
a situation that presents the chance of a loss due to probabilities |
|
economic risk |
a risk which results in the decline of a company's economic value from currency movements, which cause a loss in competitive strenght |
|
exchange rate risk |
a risk in which the exchange rates of either of the two countries will fluctuate |
|
credit/sale risk |
a risk associated with the sale and accompanying transactions between two foreign markets |
|
high dependency risk |
occurs when a country depends too greatly on imports from one single country or when a country depends too greatly on exporting a very large number of exports to one single country |
|
political risk |
a risk of politically motivated interference of a foreign government |
|
legal risk |
a risk related to the influence of a defect in the documentation on cash flow or dept service |
|
purchasing power |
also called buying power; the value of money measured by the quality and quantity of products and services the money can buy |
|
GDP |
gross domestic product; total market value of all goods and services which are produced within a country during a given period |
|
foreign debt |
the money a country owes to another country |
|
franchise |
a licensed property, trademark or concept to another entity by a business owner |
|
strategic alliance |
agreements between companies or partners to reach objectives of a common interest |
|
joint value |
a contractual agreement combining two businesses to execute a certain business undertaking |