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Chapter 7

TermDefinition
Balance of Trade
Imports
Exports
Absolute Advantage
Comparative Advantage
Multinationals
Mini-nationals
Tariff
Quota
Embargo
Joint Ventures
Custom Brokers
Letter of Credit
Draft
Time Draft
Nationalize
Most-favored-nation status (MFNS)
Foreign trade zones
Eximbank
International Monetary Fund (IMF)
General Agreement on Tariffs and Trade (GATT)
North American FreeTrade Agreement (NAFTA)
European Union (EU)
Created by: mshuart26
 

 



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