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 coin.
What is depreciation?
The beliefs which shape internationalization are ethnocentric, polycentric, geocentric and...
What is regiocentric?
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 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.
GFC
What is the Global Financial Crisis?
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 product of all time.
What is the Rubik's cube?
OECD
What is the Organization for Economic Co-Operation and Development?
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?
A macroeconomic approach to understanding the international economy. It involves studying the connection between economic indicators such as GDP, unemployment rates, inflation rates, etc.
What is International Finance?
The different categories of trading blocs are Free Trade Areas, Common Markets, Economic Unions and...
What is Custom Unions?
What is Coca-Cola?