Chapter 5
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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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Job Outsourcing | show 🗑
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show | a company that is heavily engaged in international trade, beyond exporting and importing
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show | using more capital than labor in the production process
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show | production of uniform products that can be sold the same way all over the world
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Multidomestic Strategy | show 🗑
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Mercosur | show 🗑
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Uruguay Round | show 🗑
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show | a trade organization that replaced the old General Agreement on Tariffs and Trade (GATT)
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General Agreement on Tariffs and Trade (GATT) | show 🗑
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North American Free Trade Agreement (NAFTA) | show 🗑
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Central America Free Trade Agreement (CAFTA) | show 🗑
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show | a free trade zone encompassing 27 European countries
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World Bank | show 🗑
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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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Group of Twenty (G-20) | show 🗑
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show | selling domestically produced products to buyers in other countries
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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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Contract Manufacturing | show 🗑
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show | when a domestic firm buys part of a foreign company or joins with a foreign company to create a new entity
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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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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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