Vocabulary
Purchasing goods from a foreign business.
What is "Importing"?
What is "one country cannot efficiently produce everything they need".
What is "Franchising"?
The number one indicator that currency will rise or fall.
What is "interest rates"?
Our major exports operate in this industry.
What is "primary industries"?
Business to business transactions across international borders, also referred to as international business.
What is "trade deficit"?
Alani is expanding into New Zealand, and reaches an agreement with a local grocery store to only have their products sold by that one retailer.
What is "exclusive distribution rights"?
An exchange rate that is not fixed to another currency.
What is "floating rate"?
Canada's main trade partner in 2025.
What is "The US"?
This barrier to trade consists of a duty or tax on imported goods.
What is "tariffs"?
Raw materials are collected from international suppliers.
What is "global sourcing"?
Vine is making a comeback! They are relaunching the app after it was bought by Starlink, who owns 45%, and Rogers who owns 30%, and various other small investors making up for the last 25%.
What is a "Joint Venture"?
The increase in value of a currency.
What is "a lack of value added"?
The act of diversifying ones financial instruments across international borders.
What is "foreign portfolio investment"?
The complete ban of trade with a certain country or of a certain good.
What are "trade embargoes or sanctions"?
I made a summer insta dump last week, and Instagram let me put Green Day's "Wake Me Up When September Ends" audio on my pictures because they have these kinds of rights.
What is "licensing"?
The winners of a high Canadian dollar.
Who are "importers and Canadian travelers going abroad"?
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What is "the value of the Canadian dollar compared to the US"?
A synonym for the service sector.
Economic policy to restrict imports through various trade barriers in order to boost domestic economy.
What is "protectionism"?
In-N-Out Burgers official launch into Canada has begun, and in order to do so they have given a family with a similar business mindset to their own the rights to operate their own location so long as certain sales targets are met.
What is "Wholly Owned Subsidiary"?
Currency belonging to a country that is weak, small, or fluctuates often.
What is "Soft currency"?
Machinery and Industrial Equipment, Motor Vehicles and Parts, Electricity, Mineral fuels and oil.
What are "Canada's top imports"?