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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 unknown. |
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Economic Risk |
A risk which result in the decline of a company's economic value from currency movements, which causes a loss in competitive strength. |
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Exchange Rate Risk |
A risk in which the change 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 quality of products and services the money can by. |
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GDP |
Gross Domestic Product, total market value of all goods and services which are produced within a country during the given period. |
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Foreign Debt |
The money a country owes 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 |
Agreement between companies or partner to reach objectives of a common interest. |
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Joint Venture |
A contractual agreement combining two businesses to execute a certain business undertaking. |
