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International Business
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monoply:a degree of competition in which one sellercontrols the total supply of a product
licensing:a global strategy in which a firm allows a forign company to produce its products in exchange for a fee
market:people with unsatisfied wants and needs who have both the resources and the willingness to buy
merger:the result of two firms forming one company
oligopoly:a degree of competition in which just a few sellers dominate the market
national debt:the sum of government deficits over time
nafta:agreement that created a free trade area among the U.S., Canada and Mexico
outsourcing:contracting with other companies to do some or all of the functions of a firm, like its production or accounting tasks
production:the creation of finished goods and services using the factors of production, land, labor, capital, entrepreneurship, and knowledge
product life cycle:a theoretical model of what happens to sales and profits for a product class over time; the four stages of the cycle are introduction, growth, maturity, and decline
profit:the amount of money a business earns above and beyond what it spends for salaries and other expenses
stocks:shares of ownership in a company
supply:the quanity of products that manufacturers or owners are willing to sell at different prices at a specific time
tariff:a tax imposed on imports
taxes:how the government (federal, state, local) raises money
balance of trade:the total value of a nation's exports compared to its imports over a particular period
balance of payments:the difference between money coming into a country (from exports) and money leaving the country (for imports) plus money flows from other factors such as tourism, foreign aid, military expenditures, and foreign investment
business:any activity that seeks to provide goods and services to others while operating at a profit
capitalism:an economic system in which all or most of the factors of production and distribution are privately owned and operated for profit
trade deficit:an unfavorable balance of trade, occurs when the value of a country's imports exceed that of its exports
International Business
Across:1. | any activity that seeks to provide goods and services to others while operating at a profit | 7. | how the government (federal, state, local) raises money | 8. | the result of two firms forming one company | 11. | the amount of money a business earns above and beyond what it spends for salaries and other expenses | 12. | a degree of competition in which one sellercontrols the total supply of a product |
| 15. | people with unsatisfied wants and needs who have both the resources and the willingness to buy | 16. | an economic system in which all or most of the factors of production and distribution are privately owned and operated for profit | 17. | agreement that created a free trade area among the U.S., Canada and Mexico | 18. | the total value of a nation's exports compared to its imports over a particular period |
| | Down:1. | the difference between money coming into a country (from exports) and money leaving the country (for imports) plus money flows from other factors such as tourism, foreign aid, military expenditures, and foreign investment | 2. | the quanity of products that manufacturers or owners are willing to sell at different prices at a specific time | 3. | the creation of finished goods and services using the factors of production, land, labor, capital, entrepreneurship, and knowledge | 4. | a global strategy in which a firm allows a forign company to produce its products in exchange for a fee | 5. | the sum of government deficits over time |
| 6. | a degree of competition in which just a few sellers dominate the market | 9. | a theoretical model of what happens to sales and profits for a product class over time; the four stages of the cycle are introduction, growth, maturity, and decline | 10. | contracting with other companies to do some or all of the functions of a firm, like its production or accounting tasks | 13. | shares of ownership in a company | 14. | a tax imposed on imports |
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© 2013
PuzzleFast.com, Noncommercial Use Only
International Business
Across:1. | any activity that seeks to provide goods and services to others while operating at a profit | 7. | how the government (federal, state, local) raises money | 8. | the result of two firms forming one company | 11. | the amount of money a business earns above and beyond what it spends for salaries and other expenses | 12. | a degree of competition in which one sellercontrols the total supply of a product |
| 15. | people with unsatisfied wants and needs who have both the resources and the willingness to buy | 16. | an economic system in which all or most of the factors of production and distribution are privately owned and operated for profit | 17. | agreement that created a free trade area among the U.S., Canada and Mexico | 18. | the total value of a nation's exports compared to its imports over a particular period |
| | Down:1. | the difference between money coming into a country (from exports) and money leaving the country (for imports) plus money flows from other factors such as tourism, foreign aid, military expenditures, and foreign investment | 2. | the quanity of products that manufacturers or owners are willing to sell at different prices at a specific time | 3. | the creation of finished goods and services using the factors of production, land, labor, capital, entrepreneurship, and knowledge | 4. | a global strategy in which a firm allows a forign company to produce its products in exchange for a fee | 5. | the sum of government deficits over time |
| 6. | a degree of competition in which just a few sellers dominate the market | 9. | a theoretical model of what happens to sales and profits for a product class over time; the four stages of the cycle are introduction, growth, maturity, and decline | 10. | contracting with other companies to do some or all of the functions of a firm, like its production or accounting tasks | 13. | shares of ownership in a company | 14. | a tax imposed on imports |
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© 2013
PuzzleFast.com, Noncommercial Use Only