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