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Bus 150 Chapter 3

Name_________________________________

Date___________________________________
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Across
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refers to the set of values, beliefs, rules, and institutions held by a specific group of people.
3
Selling products in a foreign country at lower prices than those charged in the producing country.
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Agreement that created a free- trade area among the United States, Canada, and Mexico.
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lowers the value of a nation’s currency relative to others.
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an attitude that your own culture is superior to other cultures.
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the total value of a nation’s exports compared to its imports measured over a particular period.
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Buying products from another country.
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taxes on imports
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A global strategy in which a firm allows a foreign company to produce its product in exchange for a fee
Down
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ban on the import or export of a certain product, or the stopping of all trade with a particular country.
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a complex form of bartering in which several countries each trade goods or services for other goods or services.
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Selling products to another country.