1.
----------------------- (E): Selling abroad, either directly to target customers or indirectly by retaining foreign sales agents and distributors.
2.
--------------------- (L): an arrangement whereby a firm (the licensor) grants a foreign firm the right to use intangible property.
3.
-------------------- (F): The granting of a right by a parent company to another firm to do business in a prescribed manner.
4.
--------------------- (FDI): Operations in one country controlled by entities in a foreign country.
5.
---------------------- (SA): An agreement between potential or actual competitors to achieve common objectives.
6.
------------------------ (JV): The participation of two or more companies in an enterprise such that each party contributes assets, owns the entity to some degree, and shares risk.
7.
------------------------- (WOS): a firm that is owned 100% by a foreign firm.
8.
---------------------- (IT): The export or import of goods or services to consumers in another country.
9.
------------------------- (IB): Any firm that engages in international trade or investment; also refers to business activities that involve the movement of resources, goods, services, and skills across national boundaries.
10.
----------------------- (IM): The performance of the management process across national boundaries.
11.
--------------------- (MNC): A company that operates manufacturing and marketing facilities in two or more countries: managers of the parent firm, whose owners are mostly in the firm's home country, coordinate the MNCs operation.
12.
-------------------- (ME): Supply and demand determine what is produced, in what quantities and at what prices.
13.
--------------------- (CE): Yearly targets on five-year plans with specific production goals are set by the government which also sets prices for each sector of the economy.
14.
------------------------ (ME): Some sectors are left to private ownership and free market mechanisms, while others are largely owned and managed by the government.
15.
--------------------- (ED): A measure of the how extensively the industrial infrastructure is developed for a given country.
16.
------------------------- (GDP): The market value of all goods and services that have been bought for final use during a period of time, and, therefore, is the basic measure of a nation's economic activity.
17.
------------------------- (ER): The rate at which one country's currency can be exchanged for another country's currency.
18.
--------------------- (TB): A governmental influence that is usually aimed at reducing the competitiveness of imported products or services.
19.
---------------------- (T): A government tax on imports.
20.
---------------- (Q): A legal restriction on the import of particular goods.
21.
--------------------- (FT): All trade barriers among participating countries are removed, so there is an unrestricted exchange of goods among these countries.
22.
----------------------- (EI): The result of two or more nations minimizing trade restrictions to obtain the advantages of free trade.
23.
-------------------- (FTA): A type of economic integration in which all barriers to trade among members are removed.
24.
----------------------- (CU): A situation in which trade barriers among members are removed and a common trade policy exists with respect to nonmembers.
25.
--------------------------- (CM): A system in which no barriers to trade exist among member countries, and a common external trade policy is in force that governs trade wiht nonmembers.