Term
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Definition
| The interconnected economies of the nations of the world. |
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Term
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Definition
| The selling and shipping of goods to other countries. |
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Definition
| The buying or bringing in goods from other countries to sell. |
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Definition
| A restriction on goods entering or leaving a country. |
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Term
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Definition
| A type of trade barrier imposed by a government as a tax on imported or exported goods. |
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Term
| Gross Domestic Product (GDP) |
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Definition
| The total market value of all goods and services produced by workers and capital within a nation during a given period. |
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Term
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Definition
| A person who translates one language into or form another. |
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Term
| Standard Industrial Trade Classification (SITC) Codes. |
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Definition
| A system that details the kinds of products that are traded in specific countries and how well certain products do in different marketplaces. |
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Term
| International Business Exchange (IBEX) |
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Definition
| The electronic commerce system that allows businesses to sell products and services online anywhere in the world. |
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Term
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Definition
| An oppurtunity offered by the U.S. government and private agencies to small businesses to travel to other countries in order to meet and talk with foreign agents, distributors, or potential business partners. |
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Term
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Definition
| A list compiled by the government of products that other countries are looking to purchase. |
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Term
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Definition
| Money people have to spend after paying for necessary expenses. |
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Term
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Definition
| An agency that serves as a distrubutor in a foreign country. |
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Term
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Definition
| An alliance between an American small business and a company in another nation. |
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Term
| Export Management Company |
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Definition
| An organization that handles all the tasks related to exporting for a manufacturer. |
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Term
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Definition
| A company that arranges shipments and prepares necessary exporting paperwork. |
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