Show:
Social Responsibility
Business Ethics
International Trade
Barriers
Currency/Balance of Trade & Payments
100
Social responsibility
What is the term that refers to the obligation of a business to contribute to the well-being of a community?
100
Business Ethics
What are rules about how businesses their employees out to behave?
100
Imports
What are the things we buy from other countries?
100
3 barriers to international trade
What are quotas, tariffs, & embargoes?
100
Exchange Rate
What is the value of a currency in one country compared with the value of a currency in another?
200
The 4 social responsibility issues.
What are environmental protection, workplace diversity, safety on the job, & employee wellness?
200
A statement of rules for guiding the behavior of employees or members of an organization.
What is a code of ethics?
200
International Business
What is all of the business activities necessary for creating, shipping, & selling goods & services across national borders?
200
Sets a limit on the quantity of a product that may be imported or exported within a given period of time.
What is a quota?
200
The difference between a country's total exports & total imports
What is the balance of trade?
300
A resource that can't be replaced.
What is a non-renewable resource?
300
The 2 things that an ethical business decision are based upon.
What are a sense of morality & rules of conduct?
300
Another name for international trade
What is foreign or world trade?
300
Tariff
What is a tax that a government places on certain imported products?
300
Trade Surplus
What is when a country exports more than it imports?
400
What socially responsible actions by businesses might eliminate the need for.
What is the need for government controls that regulate what a business can & can't do?
400
What a code of ethics encourage.
What is honesty & integrity on the job?
400
Goods & Services we sell to other countries.
What are exports?
400
Embargo
What is when the government wishes to stop the export/import of a product completely?
400
When a country sends more money out than it brings in
What is a negative balance of payments?
500
The organization in which monitor & enforce standards for water & air quality.
What is the Environmental Protection Agency (EPA)?
500
3 examples of rules to guide the behavior of employees listed on a Code of Ethics.
What are treating people with respect, being honest, & being good citizens in our community?
500
The country that has advantage over the U.S. in producing coffee.
What is Brazil?
500
2 of the 3 reasons the government might impose an embargo.
What is because they want to protect their own industry from international competition to a greater degree than the quota or tariff will accomplish, to prevent sensitive products from falling into the hands of unfriendly groups, or to express its disapproval of the actions or policies of another country?
500
The amount a country owes to other countries.
What is foreign debt?