Term
| Multinational corporation |
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Definition
| A business that has operations in many different countrys around the world |
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Definition
| Most familiar with your own country, most comfortable working in it |
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Definition
| How much of one country's currency is equal to another country's |
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Definition
| Can buy more foreign currency |
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Definition
| My dollar buys less foreign currency than it did before |
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Definition
| the actual lowering of the value of the currency |
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Definition
| When a country pays for their purchase with goods and services instead of with money |
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Term
| The foreign corrupt practices act |
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Definition
| American law, prevents US companies from paying bribes to foreign customers for their business |
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Definition
| Countries try to make it hard to buy from forign countries, and encourage buying locally |
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| Limit on the amount that can be imported from another country |
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| Anything else used to protect your market |
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Term
| The world trade organization (WTO) |
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Definition
| International organization, supposed to sponsor trade meetings for countries. Also settles disputes |
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Definition
| A group of countries that have linked together for trade purposes |
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| Countries in south america |
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Term
| North american Free trade agreement |
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Definition
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