Restrictions and Agreements
a trade agreement in to use a company name, products, patents, brands, trademarks, raw materials in exchange for a fee.
Licensing
What does EU stand for?
European Union
a restriction on the number of units of a particular product that can be imported into a country.
Quota
a corporation that operates on a worldwide scale, without significant ties to any one nation or region.
multinational corporation (MNC)
What is the name of Ariels father?
Who is King Triton?
a company—the franchiser—agrees to provide a franchisee a name, logo, methods of operation, advertising, products, and other elements associated with a franchiser’s business
Franchising
What does IMF stand for?
International Monetary Fund
regulations that restrict the amount of currency that can be bought or sold.
Exchange Control
the ownership of overseas facilities.
direct investment
What is the name of Rapunzels Kingdom?
Where is Corona?
hiring of a foreign company to produce a specified volume of the initiating company’s product to specification
Contract Manufacturing
What does APEC stand for?
Asia-Pacific Economic Cooperation
a tax levied by a nation on goods imported into the country.
Import Tariff
a partnership formed to create competitive advantage on a worldwide basis.
Strategic Alliance
The names of Cinderellas step sisters.
Drizzella and Anastasia
the relocation of business processes by a company or subsidiary to another country; offshoring is different than outsourcing.
Offshoring
What does ASEAN stand for?
Association of Southeast Asian Nations
What is an Embargo?
a prohibition on trade in a particular product.
a monopoly that exists when a country is the only source of an item, the only producer of an item, or the most efficient producer of an item.
Absolute Advantage
What is the name of Mulans Guardian spirit?
Mu-shuu
a partnership established for a specific project or for a limited time.
Joint Venture
What does USMCA stand for?
United States-Mexico-Canada agreement
the act of a country or business selling products at less than what it costs to produce them.
Dumping
the basis of most international trade, when a country specializes in products that it can supply more efficiently or at a lower cost than it can produce other items.
Comparative advantage
What is the name of the villian in 101 Dalmations?
Cruela Devil