Choke Point

Exchange Rate

Greenwashing

Import Quota

Carbon Offsetting

Trade Sanction

Resource Curse

Free Trade Agreement

1. A deceptive practice where companies exaggerate or falsely claim their products or operations are.

1. The idea that emerging industries need temporary protection (tariffs) from international competition until they become competitive.

1. The potential for economic factors (inflation, recession, currency fluctuations) to negatively impact business operations or investments.

1. A narrow passage, such as a strait or canal, that is strategically important for global trade and transportation

Exchange Rate

Economic Risk

Mixed Economy

Political Risk

Exporting

Greenwashing

Trade Sanction

Resource Curse

Infant Industry Argument

Free Trade Agreement

Absolute Advantage

Carbon Offsetting

Free Trade Agreement

Import Quota

Trade Sanction

Mixed Economy

Greenwashing

Carbon Offsetting

Resource Curse

Economic Risk

Import Quota

Trade Sanction

Choke Point

Exchange Rate

Mixed Economy

Absolute Advantage

Political Risk

Greenwashing

Political Risk

Economic Risk

Trade Sanction

Resource Curse

Trade Sanction

Import Quota

Free Trade Agreement

Greenwashing

Resource Curse

Absolute Advantage

Choke Point

Carbon Offsetting

A tax imposed on imports

A financial aid or support provided by the government to lower costs and encourage production

A measure of income inequality

A trade agreement between countries

Brazil, Russia, India, China, South Africa

Brazil, Russia, Indonesia, China, Singapore

Belgium, Romania, India, Chile, Spain

Bangladesh, Russia, Italy, Canada, Sweden

1. A currency widely used in international trade and finance even between countries that do not use it domestically. (eg., the US dollar) 

1. The difference between the value of a country’s exports and imports over a certain period.

1. When a company exports a product at a price lower than its domestic market value, often to eliminate. 

1. An acronym for five major emerging economies

To provide financial aid to businesses

To regulate global trade and resolve disputes between member countries

To measure income inequality

To assess a country's competitive index

1. The difference between the value of a country’s exports and imports over a certain period.

1. A company that operates in multiple countries, maintaining global production, marketing and distribution networks.

1. A tax imposed on imported good to protect domestic industries or generate government revenue

1. A coordination or production, procurement, transportation, and distribution of goods to ensure efficiency and cost effectiveness.

1. A trade agreement between the U.S, Canada, and Mexico.

1. A coordination or production, procurement, transportation, and distribution of goods to ensure efficiency and cost effectiveness.

1. When a company exports a product at a price lower than its domestic market value, often to eliminate. 

1. A country or jurisdiction with low or no taxes, attracting businesses and individuals seeking to reduce tax

1. A ranking that assesses a country’s or company’s ability to compete in global markets based on factors such as

1. A tax imposed on imported good to protect domestic industries or generate government revenue

1. When a company exports a product at a price lower than its domestic market value, often to eliminate. 

1. The planning, coordination, and management of the movement and storage of goods, services, and information.

The difference between exports and imports

The measure of income inequality within a population

The level of government subsidies

The number of transnational corporations

1. A financial aid or support provided by the government to businesses or industries to lower costs and encourage production.

1. A company that operates in multiple countries, maintaining global production, marketing and distribution networks.

1. The difference between the value of a country’s exports and imports over a certain period.

1. When a company exports a product at a price lower than its domestic market value, often to eliminate. 

1. When a company exports a product at a price lower than its domestic market value, often to eliminate. 

1. A trade agreement between the U.S, Canada, and Mexico.

1. An acronym for five major emerging economies

1. Restrictions or penalties imposed by one or more countries on another to influence its policies or actions

1. A ranking that assesses a country’s or company’s ability to compete in global markets based on factors such as

   1. Productivity

   2. Infrastructure

   3. Innovation

1. A company controlled by another (parent) company often operating in different regions or industries 

1. A country or jurisdiction with low or no taxes, attracting businesses and individuals seeking to reduce tax

1. A plan that companies use to enter and establish themselves in a foreign market, such as exporting, franchising, or joint ventures.

1. An economic theory stating that exchange rates should adjust so that identical goods cost the same in different countries. 

1. A coordination or production, procurement, transportation, and distribution of goods to ensure efficiency and cost effectiveness.

1. A tax imposed on imported good to protect domestic industries or generate government revenue

1. The total value of all goods and services produced within a country over a specific period.

A company controlled by another company

A company that controls other companies

A company that operates independently

A company that only operates domestically

To ensure efficiency and cost effectiveness

To increase product prices

To limit production

To focus solely on transportation

A complete ban on trade with a specific country

A tax on imported goods

A reduction in tariffs

A free trade agreement

A country with low or no taxes

A country with high taxes

A country with no trade restrictions

A country with strict import regulations

The rate at which the general price level of goods and services rises

The decrease in the value of currency

The increase in the supply of money

The reduction in employment rates

A plan for companies to enter and establish themselves in a foreign market

A plan to exit a market

A strategy to increase domestic sales

A method to reduce production costs

Exchange rates should adjust so that identical goods cost the same in different countries

Exchange rates should remain constant

Goods should be priced differently in each country

Currency values should be equal

Government policies that restrict imports and promote domestic industries

Policies that encourage free trade

Strategies to increase exports

Methods to reduce government intervention

The total value of all goods and services produced within a country

The total value of imports and exports

The total population of a country

The total government expenditure

Goods or services brought into a country from abroad

Goods or services sold to other countries

Goods or services produced domestically

Goods or services that are taxed heavily

Investment made by a company or individual in one country into business interests in another country

Investment made within the same country

Investment in government bonds

Investment in domestic real estate

A conflict where countries impose tariffs against each other

A war fought over trade routes

A negotiation for free trade agreements

A competition to increase exports

Ensuring products are sourced responsibly and sustainably

Sourcing products at the lowest cost

Sourcing products from the nearest location

Sourcing products without considering labor conditions

Legal rights that protect creations of the mind

Physical property owned by a business

A type of real estate investment

A form of government regulation