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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 causes a loss in competitive strenght

Exchange Rate Risk

a risk in which the exchange rates of either of two countries will fluctuate

Credit/sale risk

a risk associated with the sale and accompying transactions between two foreign markets

High Dependency Risk

occurs when a country depends to 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 goverment

Legal Risk

a risk related to the influence of a defect on 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 service than money can by

GDP

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 another country

Franchise

a licensed property, trademark or concept to another entity by a bussines owner

Strategic Alliance

agreements between companies or partners to reach objectives of a common interest

Joint Venture

a contractual agreement combining two businesses to exucute a certain bussiness undertaking