Chapter 3 Management Crossword
                                                         
                                                         
                                                         
                                                         
                                                         
                                                         
                                                         
                                                         
                                                         
                                                         
                                                         
                                                         
                                                         
                                                         
                                                         
                                                         
                                                         
                                                         
                                                         
                                                         
                                                         
                                                         
                                                         
                                                         
                                                         
                                                         
                                                         
                                                         
 
 
Special Characters:
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Down: 1) The movement of goods and services among nations without political or economic obstruction.3) The use of government regulations to limit the import of goods and services.4) A regional group of countries that have a common external tariff, no internal tariffs, and a coordination of laws to facilitate exchange; also called a trading bloc.6) The buying of permanent property and businesses in foreign nations.9) The international organization that replaced the General Agreement on Tariffs and Trade, and was assigned the duty to mediate trade disputes among nations.12) Occurs when the value of a country’s imports exceeds that of its exports.15) Selling goods and services to another country.16) A complex form of bartering in which several countries may be involved, each trading goods for goods or services for services.18) A complete ban on the import or export of a certain product or the stopping of all trade with a particular country.20) A global strategy in which a firm allows a foreign company to produce its product in exchange for a fee.24) The set of values, beliefs, rules, and institutions held by a specific group of people.26) Selling products in a foreign country at lower prices than those charged in the producing country. Across: 2) A foreign country’s production of private-label goods to which a domestic company then attaches its brand name or trademark; also called outsourcing.5) Theory that states that a country should sell to other countries those products that it produces most effectively and efficiently, and buy from other countries those products that it cannot produce as effectively or efficiently.7) A nation’s ratio of exports to imports.8) Lowering the value of a nation’s currency relative to other currencies.10) An autonomous United Nations agency that borrows money from the more prosperous countries and lends it to less-developed countries to develop their infrastructure.11) An attitude that one’s own culture is superior than all others.13) Organizations of commodity-producing countries that are formed to stabilize or increase prices to optimize overall profits in the long run.14) A 1948 agreement that established an international forum for negotiating mutual reductions in trade restrictions.17) A long-term partnership between two or more companies established to help each company build competitive market advantages.19) The advantage that exists when a country has the ability to produce a particular good or service using fewer resources than another country.21) The difference between money coming into a country and money leaving the country plus money from other factors such as tourism, foreign aid, military expenditures, and foreign investment.22) Buying goods and services from another country.23) The value of one nation’s currency relative to the currencies of other countries.25) A tax imposed on imports.27) A company owned in a foreign country by the parent company.28) A limit on the number of products in certain categories that a nation can import.29) A partnership in which two or more companies (often from different countries) join to undertake a major project or to form a new company.30) An organization that manufactures and markets products in many different countries and has a multinational stock ownership and multinational management.31) An international bank that makes short-term loans to countries experiencing problems with their balance of trade.
 

 

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