Term
|
Definition
| Describes a company entering a foreign market by handling it's own exports. |
|
|
Term
|
Definition
| Entering a foreign market by investing in foreign-based assembly, manufacturing, or office facilities with the firm's funds. |
|
|
Term
|
Definition
| Where a company damages a foreign market by either charging less than cost and/or less than it charges in it's home market. |
|
|
Term
|
Definition
| Any packaging material used for protecting the product. |
|
|
Term
|
Definition
| The amount of money [which is usually related to the value of the shipment] a receiving entity must pay the country's government for the product to enter the country. |
|
|
Term
|
Definition
| The way entities and individuals measure activities and interdependencies in a specified area. |
|
|
Term
|
Definition
| A ban on the import of a specific product. |
|
|
Term
|
Definition
| A large and expanding group of European countries bound by a formal trading agreement to coordinate trade and monetary activities |
|
|
Term
|
Definition
| A Free Along Side term allows the title and responsibility pass to the customer at side of the vessel |
|
|
Term
|
Definition
| Free on Board is where title and responsibility pass to the customer at the named location. |
|
|
Term
|
Definition
| Refers to building a facility starting with only a piece of land. |
|
|
Term
|
Definition
| The international Harmonized System of product codes. |
|
|
Term
|
Definition
| Describes a company entering foreign market by working through independent international intermediaries. |
|
|
Term
|
Definition
| A major exporter of manufactured goods and investment funds heavily trading goods with other advanced economies and exporting goods and funds to other types of economies for raw materials and semifinished products. |
|
|
Term
|
Definition
| An economy in which manufacturing accounts for less than 20 percent of the country's economic output. |
|
|
Term
|
Definition
| A set of quality methods approved by the members of the International Standards Organization [ISO]. |
|
|
Term
|
Definition
| A collection of languages that have a common base. |
|
|
Term
| Leontif Input-Output Matrix |
|
Definition
| A very powerful econometric tool for understanding relationships between costs, sales, and the interdependence of segments within an economy. |
|
|
Term
|
Definition
| A financial document for the transfer of funds for merchandise based on the stipulations named by each party. |
|
|
Term
| North American Free Trade Agreement [NAFTA] |
|
Definition
| The formal trading agreement for Canada, Mexico, and the US. |
|
|
Term
|
Definition
| A document that describes what is in a shipment by sea and how it is to be handled. |
|
|
Term
|
Definition
| A 20' or 40' long metal structure like a truck trailer for shipping merchandise by sea. |
|
|
Term
|
Definition
| A map projection that shows actual land areas to scale without the distorting effects of latitude and/or longitude. |
|
|
Term
|
Definition
| Adapting [changing] a product to meet local conditions in a foreign market. |
|
|
Term
|
Definition
| Creating new products or services for a foreign market. |
|
|
Term
|
Definition
| A limit on the amount of goods a country will allow to be imported in certain product categories. |
|
|
Term
| Raw material exporting economy |
|
Definition
| An economy rich in one or more natural resources but otherwise poor. |
|
|
Term
| Shippers Export Declaration |
|
Definition
| A required U.S. shipping document that identifies what is being shipped, to whom, and where it is going. |
|
|
Term
|
Definition
| Any direct payment from a government to a firm to help the firm compete. |
|
|
Term
|
Definition
| An economy in which the vast majority of people engage in simple agriculture, consuming most of their output and barter the rest for simple goods and services. |
|
|
Term
|
Definition
| Any tax levied by a government on certain imported products. |
|
|
Term
|
Definition
| The European Union system for the control of electrical product standards and testing procedures. |
|
|
Term
|
Definition
| The legal environmental system structure of Germany. |
|
|
Term
|
Definition
| Regional banks that generally provide large funding amounts for country infrastructure programs. |
|
|
Term
|
Definition
| A matrix that displays the value of multiple currencies amongst themselves. |
|
|
Term
|
Definition
| A relationship where a company contracts with a manufacturer in a foreign market to produce the product or provide its service. |
|
|
Term
|
Definition
| The invoice detailing the shipment quantities and amounts due. |
|
|
Term
|
Definition
| Cost, Insurance, and Freight is a term used when title and responsibility pass to the customer at the named location. |
|
|
Term
|
Definition
| A document generally provided by a Chamber of Commerce attesting to the country that made the product. |
|
|
Term
|
Definition
| The European Union required mark which shows the product is safe |
|
|
Term
|
Definition
| Refers to building a facility by starting with some previous structure. |
|
|
Term
|
Definition
| A group of countries bound by agreement to certain trade practices |
|
|
Term
|
Definition
| An amount of tax an end-user pays to the government for the privilege of purchasing the item. |
|
|
Term
|
Definition
| The primary lead lending institution for major international development projects. |
|
|
Term
|
Definition
| The organization chartered with developing and policing international trade within member countries. |
|
|
