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Details Title: none Description: none Total Flash Cards: 18 Created: 09/12/2006 12:15:21	To study from this set of flash cards, or to create your own your own study flash cards, register HERE. If you are already a registered user, CLICK HERE.
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