___________ is a tax that a government places on certain imported products

These are typically found in airports & seaports and do not follow the regular trade customs and are considered duty-free

Stopping the export and import of a product is known as?

1)The impact of inflation is which type of PESTEL factor?

Purchasing the right to use a company name or business process in a specific way   ex.  McDonald’s, Burger King, KFC and Pizza Hut • •

__________________ reduces trade barriers and encourages trade between countries.

Members do away with duties and other trade barriers - they allow companies to invest freely in each member’s country •ex.  EU (European Union)

Sports teams having their logo on memorabilia is considered?

An agreement between two or more companies to share a business project - this business is on a limited basis for control

Buying goods and services from another country is considered?

When your exports are greater than your imports, this exists?

A company is worried that about exchange rate would need to consider which component of the international business environment?

A country concerned about lack of skilled workers to complete jobs in emerging careers would have potential business partners concerned with which component?

A company that is worried about the norms and customs of a country would need to consider which component of the international business environment?

An increase in Minimum wage may impact a business because…