Understanding Business/Competing in a Global Market

Vocabulary Words

 * Importing * Exporting
 * Free Trade
 * Comparative Advantage Theory
 * Absolute Advantage
 * Balance of Trades
 * Trade Deficit
 * Balance of Payments
 * Dumping
 * Debtor Nation
 * Foreign Direct Investment
 * Export Assistance Centers (EACs)
 * Licencing
 * Foreign Subsidiary
 * Contract Manufacturing
 * Joint Venture
 * Ethnocentric