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Int. Business Vocab Ch 4

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Term
Definition
boycott   show
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show an agreement among contries that eliminates trade barriers, encourages investment, & allows workers to move freely across borders  
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show a political system in which all people take part in making the rules that govern them  
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show a tax placed on products that are traded internationally  
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economic nationalism   show
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expropriation   show
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free-trade agreement   show
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free-trade zone   show
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home country   show
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show the country in which a multinational enterprise is a guest  
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show designation given to certain countries that allows their products to be imported into the granting country under the lowest customs duty rate  
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show the means by which people in a society make the rules by which they live  
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protectionism   show
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show a limit on the total number, quantity, or monetary amount of a product that can be imported from a given country  
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show the process when people function as good citizens who are sensitive to their surroundings  
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tax holiday   show
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show a government system in which political control is held by one person or a small group of people  
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trade embargo   show
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