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Importing and Exporting

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Aisha Wiza

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Cards in this guide (19)
America's largest trading partner is

Canada

What are aspects of intellectual property

Copyright, patents, rights in music, and performance rights are all aspects of intellectual property

Where is the world trade organization headquartered

Switzerland

What is the term for the decentralized market where currencies are traded

F e m

Which of these is a reason for government subsidization of goods and services

creat jobs

What are the main sources of capital for the national state and local governments

taxes

What is the reproduction of intellectual property without permission referred to as

piracy

How are countries such as China and India affecting the need for power

China and India are the two most populous nations on Earth, jointly accounting for nearly a third of the global population, so as they industrialize and increase their power consumption, this naturally has a large effect on the global need for power.

Which of these outlines the rules of mutual trade between two countries

bilateral trade treaty

What term refers to the process whereby a foreign company makes lasting investment with a controlling ownership stake in a domestic company

foreign direct investment

When a country exports goods what is it doing

Sending goods to other countries.

Which of these is a drawback to international trade

job losses in the domestic economy

Which of these describes the process of exchanging currency between three banks in order to gain a profit from the exchange rate of each type of currency

triangular arbitrage

Which term best describes the rate at which a country's currencies convert to other currencies

exchange rate

What does it mean for the economy to become more globalized

ongoing increases in trade between nations

What is a trade surplus

country export more than they import

Which term describes the amount of money the nation owes

Debt

If a company wants to open a new television station which agency must it contact for a license

Federal Communications Commission (FCC)

Choose the best meaning for this suffix. -phobia

The meaning is "fear of".

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