Int. Business Vocab Ch 4
Help!
|
|
||||
|---|---|---|---|---|---|
| boycott | absolute restriction on the import of certain products from certain countries
🗑
|
||||
| common market | an agreement among contries that eliminates trade barriers, encourages investment, & allows workers to move freely across borders
🗑
|
||||
| democracy | a political system in which all people take part in making the rules that govern them
🗑
|
||||
| duty | a tax placed on products that are traded internationally
🗑
|
||||
| economic nationalism | a policy of restricting foreign ownership of local companies & hindering foreign imports
🗑
|
||||
| expropriation | when a government takes control & ownership of foreign-based assests & companies
🗑
|
||||
| free-trade agreement | an arrangement between contries that eliminates duties & trade barriers on products traded among themselves
🗑
|
||||
| free-trade zone | a designated area where products can be imported duty-free
🗑
|
||||
| home country | the country in which a multinational enterprise is headquartered
🗑
|
||||
| host country | the country in which a multinational enterprise is a guest
🗑
|
||||
| most-favored nation (MFN) status | designation given to certain countries that allows their products to be imported into the granting country under the lowest customs duty rate
🗑
|
||||
| political system | the means by which people in a society make the rules by which they live
🗑
|
||||
| protectionism | a government policy of protecting local or domestic industries from foreign competition
🗑
|
||||
| quota | a limit on the total number, quantity, or monetary amount of a product that can be imported from a given country
🗑
|
||||
| social responsibility | the process when people function as good citizens who are sensitive to their surroundings
🗑
|
||||
| tax holiday | situation where a corporation does not pay corporate income taxes to a foreign government if it invests in their country
🗑
|
||||
| totalitarian system | a government system in which political control is held by one person or a small group of people
🗑
|
||||
| trade embargo | a sanction imposed by a country against another country that stops all import-export trade with that country
🗑
|
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.
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.
Normal Size Small Size show me how
Normal Size Small Size show me how
Created by:
fcsdklw
Popular Economics sets