Business Management Test Review Ch. 9-11

Business activities that occur between two or more countries:

• nontariff barrier

• wholly owned subsidiary

• international business

• joint venture

Buying goods or services made in a foreign country:

• capital account

• exchange rate

• home country

• importing

Business arrangement in which two or more firms share the costs of doing business and also share the profits.

• joint venture

• parent firm

• tariffs

• embargo

Type of business in which a firm sets up a business abroad on its own without any partners:

• capital amount

• international business

• dumping

• wholly owned subsidiary

Firm that owns or controls production or service facilities in more than one country:

• multinational firm

• host country

• nontariff

• tariff barrier

Foreign location where a firm has facilities

Value of one country's currency expressed in the currency of another:

Taxes on foreign goods to protect domestic industries and to earn revenue:

Nontax methods of discouraging trade:

Government block preventing companies from doing business with particular countries?