Vocabulary Tests Available for:
"Chapter 3 Business in the global economy"
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absolute advantage
balance of payments
balance of trade
common market
comparative advantage
culture
domestic business
embargo
exchange rate
exports
foreign debt
foreign exchange market
franchise
free-trade agreement
free-trade zone
global strategy
host country
imports
infrastructure
interest rates
international business
joint venture
licensing
multinational company (mnc)
multinational strategy
negative or unfavorable balance of payments
positive or favorable balance of payments
quota
tariff
trade barriers
trade deficit
trade surplus