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Chapter 5

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
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Term
Definition
show marketing that targets markets throughout the world  
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Global Vision   show
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Gross Domestic Product (GDP)   show
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show sending U.S. jobs abroad  
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Multinational Corporation   show
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Capital Intensive   show
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Global Marketing Standardization   show
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show when multinational firms enable individual subsidiaries to compete independently in domestic markets  
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Mercosur   show
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Uruguay Round   show
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World Trade Organization (WTO)   show
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General Agreement on Tariffs and Trade (GATT)   show
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show an agreement between Canada, the United States, and Mexico that created the world's then-largest free trade zone  
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Central America Free Trade Agreement (CAFTA)   show
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European Union (EU)   show
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show an international bank that offers low-interest loans, advice, and information to developing nations  
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show an international organization that as a lender of last resort, providing loans to troubled nations, and also works to promote trade through financial cooperation  
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show a forum for international economic development that promotes discussion between industrial and emerging-market countries on key issues related to global economic stability  
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Exporting   show
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show an intermediary in the global market who assumes all ownership risks and sells globally for its own account  
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show an intermediary who plays the traditional broker's role by bringing buyer and seller together  
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Export Agent   show
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Licensing   show
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show private label manufacturing by a foreign company  
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Joint Venture   show
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Direct Foreign Investment   show
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Floating Exchange Rates   show
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show the sale of an exported product at a price lower than that charged for the same or a like product in the "home" market of the exporter  
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Countertrade   show
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Created by: gwd220
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