Keep definitions approximately 5 to 9 words- Please no plagiarism. Use your own definitions.
Chapter 3 KWO’s:
1.International business-
2.Absolute advantage-
3.Comparative advantage-
4.Outsourcing-
5.Exporting-
6.Importing-
7.Balance of trade-
8.Trade deficit-
9.Balance of payments-
10.Infrastructure-
11.Exchange rate-
12.Inport tariff-
13.Exchange controls-
14.Quota-
15.Embargo-
16.Dumping-
17.Cratel-
18.General agreement on tariffs and trade(GATT)-
19.World trade organizarion(WTO)-
20.North American free trade agreement(NAFTA)-
21.European union(EU)-
22.Asia-pacific economic corporation(APEC)-
23.Association of south east Asian nations(ASEAN)-
24. World bank-
25.International monetary fund(IMF)-
26.Countertrade agreements-
27.Trading company-
28.License-
29.Franchising-
30.Contract manufacturing-
31.Offshoring-
32.Joint venture-
33.Strategic alliance-
34.Direct investment-
35.Multinational corporation(MNC)-
36.Multinational strategy-
37.Global strategy (globalization)-
Chapter 4 KWO’s:
1.Sole proprietorship-
2.Partnership-
3.General partnership-
4.Limited partnership-
5.Articles of partnership-
6.Corpration-
7.Stock-
8.Dividends-
9.Corporate charter-
10.Private corporation-
11.Public corporation-
12.Initial public offering(IPO)-
13.Quasi-public corporations-
14.Nonprofit corporations-
15.Board of directors-
16.Preferred stock-
17.Common stock-
18.Joint venture-
19.S Corporation-
20.Limited liability company(LLC)-
21.Corporative(co-up)-
22.Merger-
23.Acquisition-
24.Leveraged buyout(LBO)-
