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Chapter THREE

Across
World Trade Organization
The process whereby one firm contracts with other companies,often in other countries, to do some or all of its functions
The behavior of company
A complete ban on the import or export of a certain product, or the stopping of all trade with a certain country
A limit on the numbers of products in a certain categories that nations can import
The right to use a specific business's name and sell its product or service in a given territory
An unfavorable balance of trade
Central American Free Trade Agreement
The movement of goods and service among nations without political or economics barriers
A favorable balance of trade
The selling of products to another country
The direct trading of goods and services for other good and services
Down
Selling Products in a foreign country at lower prices than those charged in the producing country
The buying of products from another country
A tax imposed on imports
A regional group of countries that have a common external tariffs, no internal tariffs, and a coordination of laws to facilitate exchange
North American Free Trade Agreement
A global strategy in which a firm allows a foreign company to produce its product in exchange for a fee
General Agreement on Tariffs and Trade
Association of Southeast Asian Nations