10 0 20 0 30 0 40 0

$10 0 $20 0 $30 0 $40 0 $50 $10 0 $20 0 $30 0 $40 0 $50

Global Marketplace

International Business Organizations

Social Responsibility Business Ethics

Government Protection & Regulation

Vocabulary

Global Marketplalace International Bus. Orgs. Business Soc. Resp. Ethics Government Protection & Reg. Vocabulary $10 0 $20 0 $30 0 $40 0 $50 $10 0 $20 0 $30 0 $40 0 $50 $

C 1 - $100 Goods and services sold to other countries are called this.

C 1 1 - $200 The difference between a countr’s total exports and total imports

C 1 1 - $300 The difference between the amount of money that comes into and goes out of a country

C 1 1 - $400 Agreement between two or more companies to work together on a business project

C 1 1 - $500 A country in which a multinational company conducts business activities is called this

C 2 - $100 Intl. Trade Org. created in 1944 to provide loans for rebuliding after WWII

C 2 2 - $200 Area where products can be imported duty-free and stored, assemble or used in manufacturing

C 2 2 - $300 International Trade Organization between USA, Canada and Mexico

C 2 2 - $400 global international organization dealing with the rules of trade between nations

C 2 2 - $500 political and economic union of 28 member states that are located primarily in Europe

C 3 - $100 Principles of morality or rules of conduct

C 3 3 - $200 When by-products of human actions taint the environment this occurs

C 3 3 - $300 Saving scarce natural resources is called this

C 3 3 - $400 a set of rules for guiding the action of employees or members of an organization

C 3 3 - $500 The duty of a business to contribute to the well-being of a community

C 4 - $100 A tax that government places on certain imported products

C 4 - $200 Limit placed on the quantity of a product that may be exported or imported during a given period

C 4 - $300 Level of Govt. that provides police and fire protection

C 4 - $400 The largest source of revenue for the federal government

C 4 - $500 Govt. agency that regulates and enforces work safety standards

C 5 5 - $100 selling the right to use some intangible property (production process, trademark, or brand name) for a fee or royalty

C 5 - $200 Length in years a Patent gives the inventor the sole right to make , use, or sell the item,

C 5 5 - $300 The value of currency in one country compared with the value of currency in another

C 5 5 - $400 When a country can produce a particular good or service at a lower cost than other countries it has this

C 5 5 - $500 In a legal contract something of measurable value that must be exchanged by both parties is called this

C 1 A - $100 Exports $

C 1 A A - $200 Balance of trade $

C 1 A A - $300 Balance of payments $

C 1 A A - $400 Joint Venture $

C 1 A A - $500 Host country $

C 2 A A - $100 World Bank $

C 2 A A - $200 Free-trade zone $

C 2 A A - $300 North American Free Teade Agreement (NAFTA) $

C 2 A A - $400 World Trade Organization (WTO) $

C 2 A A - $500 European Union (EU) $

C 3 A - $100 Ethics $

C 3 A - $200 Pollution $

C 3 A - $300 Conservation $

C 3 A - $400 Code of ethics $

C 3 A - $500 Social Responsibility $

C 4 A - $100 Tariff $

C 4 A - $200 Quota $

C 4 A - $300 Local Government $

C 4 A A - $400 Individual income tax $

C 4 A - $500 Occupational Safety and Health Administration (OSHA) $

C 5 A A - $100 Licensing $

C 5 A A - $200 20 Years $

C 5 A A - $300 Exchange Rate $

C 5 A A - $400 Absolute Advantage $

C 5 A A - $500 Consideration $

FJ Topic International Trade $

FJ Question What are three formal barriers to international trade? $

FJ Ans Tarrifs, quotas and embargos $

END OF GAME