Acronyms
FDI
What is Foreign Direct Investment?
The transnational commerce of goods and services.
What is International Business?
A fall in the value of a currency or two consecutive quarters of negative GDP.
What is depreciation?
The Brenton Woods agreement established the IBRD which became the World Bank and the . . .
Apple's Ipad Retina Display is manufactured by this company.
What is Samsung?
IMF
What is the International Monetary Fund?
In this belief, each country is perceived as an unique market.
What is polycentric belief?
In this Economic System businesses produce goods and services with little to no government intervention.
What is Free-Market?
The drivers of Globalization are Market, Costs, Competition, The Internet, and...
What is Geo-Politics?
This company once owned the rights (had a Trademark) to the word "zombie."
What is Marvel Comics?
PPP
What is Purchasing Power Parity?
This Foreign Market Entry Method is an alliance between two companies: one in the host country and the other one in the home country.
What is Joint Venture?
An Economic Alliance between 28 countries in North America and Europe determined to provide security and safety from external parties.
What is NATO?
What is Foreign Direct Investment?
This company accounts for 20% of Korea's GDP.
GDP
Involves marketing and selling home country goods and services in another country.
What is exporting?
What is the Human Development Index (HDI)?
The members of the G7 are the US, Germany, Japan, France, Canada, UK and...
What is Italy?
This is the best-selling toy of all time.
What is the Rubik's cube?
FASB
Financial Accounting Standards Board
A country is said to have this when the opportunity cost of producing a good/service is lower than that of a trading partner.
What is comparative advantage?
Number of member states in the EU.
What are 27 nations?
The different categories of trading blocs are Free Trade Areas, Common Markets, Economic Unions and...
What is Custom Unions?
What is Coca-Cola?