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Understanding Business - Chapter 3

カード 33枚 作成者: Sean (作成日: 2013/12/10)

  • Importing

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公開範囲:

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言語:

  • カード表 : 英語
  • カード裏 : 英語
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  • 1

    Importing

    補足(例文と訳など)

    答え

    • Buying products from another country.

    解説

  • 2

    Exporting

    補足(例文と訳など)

    答え

    • Selling products to another country.

    解説

  • 3

    Free Trade

    補足(例文と訳など)

    答え

    • Movement of goods and services among nations without political or economic barriers.

    解説

  • 4

    Comparative Advantage Theory

    補足(例文と訳など)

    答え

    • The theory that states that a country should sell to other countries those products that it produces most effectively and efficiently, and buy from other countries those products that it cannot produce as effectively or efficiently.

    解説

  • 5

    Absolute Advantage

    補足(例文と訳など)

    答え

    • The advantage that exists when a country has a monopoly on producing a specific product or is able to produce it more efficiently than all other countries.

    解説

  • 6

    Balance of Trade

    補足(例文と訳など)

    答え

    • The total value of a nation's exports compared to its imports measured over a particular period.

    解説

  • 7

    Trade Deficit

    補足(例文と訳など)

    答え

    • An unfavorable balance of trade; occurs when the value of a country's imports exceeds that of its exports.

    解説

  • 8

    Trade Surplus

    補足(例文と訳など)

    答え

    • A favorable balance of trade; occurs when the value of a country's exports exceeds that of its imports.

    解説

  • 9

    Balance of Payment

    補足(例文と訳など)

    答え

    • 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 investments.

    解説

  • 10

    Dumping

    補足(例文と訳など)

    答え

    • Selling products in a foreign country at lower prices than those charged in the producing country.

    解説

  • 11

    Strategies for Reaching Global Markets

    補足(例文と訳など)

    答え

    • Licensing, Exporting, Franchising, Contract manufacturing, Joint venture, Strategic alliances, Foreign direct investment.

    解説

  • 12

    Licensing

    補足(例文と訳など)

    答え

    • A global strategy in which a firm (the licensor) allows a foreign company (the licensee) to produce its product in exchange for a fee ( a royalty).

    解説

  • 13

    Franchising

    補足(例文と訳など)

    答え

    • The right to use a specific business's name and sell its products or services in a given territory.

    解説

  • 14

    Contract Manufacturing

    補足(例文と訳など)

    答え

    • A foreign country's production of private-label goods to which a domestic company then attaches its brand name or trademark.

    解説

  • 15

    Joint Venture

    補足(例文と訳など)

    答え

    • A partnership in which two or more companies (often from different countries) join to undertake a major project.

    解説

  • 16

    Strategic Alliance

    補足(例文と訳など)

    答え

    • A long-term partnership between two or more companies established to help each company build competitive market advantage.

    解説

  • 17

    Foreign Direct Investment

    補足(例文と訳など)

    答え

    • The buying of permanent property and businesses in foreign nations.

    解説

  • 18

    Foreign Subsidiary

    補足(例文と訳など)

    答え

    • A company owned in a foreign country by another company.

    解説

  • 19

    Multinational Corporation

    補足(例文と訳など)

    答え

    • An organization that manufactures and markets products in many different countries and has multinational stock ownership and multinational management.

    解説

  • 20

    Sovereign wealth funds (SWFs)

    補足(例文と訳など)

    答え

    • Investment funds controlled by governments hold large stakes in foreign companies.

    解説

  • 21

    Forces Affecting Trading in Global Markets

    補足(例文と訳など)

    答え

    • Sociocultural Forces, Economic/Financial Forces, Legal/Regulatory Forces (Political), Physical/Environmental Forces (Infrastructure)

    解説

  • 22

    Exchange Rate

    補足(例文と訳など)

    答え

    • The value of one nation's currency relative to the currencies of other countries.

    解説

  • 23

    Devaluation

    補足(例文と訳など)

    答え

    • Lowering the value of a nation's currency relative to other currencies.

    解説

  • 24

    Countertrading

    補足(例文と訳など)

    答え

    • A complex form of bartering in which several countries may be involved, each trading for goods for goods or services for services.

    解説

  • 25

    Trade Protectionism

    補足(例文と訳など)

    答え

    • The use of government regulations to limit the import of goods and services.

    解説

  • 26

    Tariff

    補足(例文と訳など)

    答え

    • A tax imposed on imports.

    解説

  • 27

    Import Quota

    補足(例文と訳など)

    答え

    • A limit on number of products in certain categories that a nation can import.

    解説

  • 28

    Embargo

    補足(例文と訳など)

    答え

    • A complete ban on imports or exports of a certain product, or the stopping of all trade with a particular country.

    解説

  • 29

    General Agreement on Tariffs and Trade (GATT)

    補足(例文と訳など)

    答え

    • A 1948 agreement that established an international forum for negotiating mutual reductions in trade restrictions.

    解説

  • 30

    World Trade Organization (WTO)

    補足(例文と訳など)

    答え

    • The international organization that replaced the General Agreement on Tariffs and Trade (GATT) and was assigned the duty to mediate trade disputes among nations.

    解説

  • 31

    Common Market

    補足(例文と訳など)

    答え

    • A regional group of countries that have a common external tariff, no internal tariffs, and a coordination of laws to facilitate exchange; also called a trading bloc. (An example is the European Union)

    解説

  • 32

    North American Free Trade Agreement (NAFTA)

    補足(例文と訳など)

    答え

    • Agreement that created a free-trade area among the United States, Canada, and Mexico.

    解説

  • 33

    Foreign Corrupt Practices Act

    補足(例文と訳など)

    答え

    • US legislation that US businesses must follow that prohibits "questionable" or "dubious" payments to foreign officials to secure business contracts.

    解説

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