International Management

Business activities that occur between two or more countries.

• International management

• Human Resources

• International trade

NAFTA includes

• the United States and the EU

• the United States and Canada

• the United States and Mexico

• the United States, Canada, and Mexico

The country in which the business has its headquarters

• Home country

• Child country

• Subsidiaries

• Strategic alliances

Company headquarters is called the

• Host country

• Just a country

• Parent firm

• Strategic alliances

It starts by selling its products or services to buyers in another country

• Importing

• Exporting

• International licensing

• Joint ventures

The value of one's country's currency expressed in the currency of another country

• Exporting

• Exchange rate

• Sanctions

• Quota

Refers to the customs, beliefs, values and patterns of behavior of the people of a country or group

• Culture

• Import

• Quota

All international transactions are recorded in an accounting statement

• Balance of payments

• Current account

• Capital account

• Exporting

Which theory of international trade includes four stages: introduction, growth, maturity and decline.

• Comparative Advantage Theory

• Product Life Cycle Theory

The way by which governments restrict the availability of foreign goods, limiting the quantity or value of units permitted to enter a country, is called

• quota

• sanction

• limitation

• restriction