Shared Flashcard Set

Details

none
none
18
Business
Graduate
09/12/2006

Additional Business Flashcards

 


 

Cards

Term
exporting
Definition
sell something made in the home country.make here, sell there
Term
importing
Definition
make it there, buy here
Term
Pro's and con's of free trade
Definition
no restrictions on the ability to buy
Term
balance of trade
Definition
what the country imports and exports
Term
trade surplus
Definition
export is when the country is selling more goods/services then imparting
Term
trade deficit
Definition
import more than export
Term
balance of payments
Definition
movement of money
Term
foreign direct investment
Definition
company buys a company in another country
Term
dumping
Definition
a country sells a product more then it costs to produce
Term
licensing
Definition
allowing another company to use your trademark
Term
export-trading company
Definition
businesses that handle products for a bigger business
Term
contract manufacturing
Definition
hire another firm to do the manufacturing for it
Term
joint venture
Definition
2 companies own and opperate together
Term
joint venture
Definition
2 companies own and opperate together
Term
joint venture
Definition
2 companies own and opperate together
Term
foreign subsidiary
Definition
local opperation of a foreign company
Term
home country
Definition
where the business is based/headquarters
Term
host country
Definition
local country where the company works
Supporting users have an ad free experience!