Match Each Item to the Statement or Sentence Listed Below

question 156

Short Answer

Match each item to the statement or sentence listed below.
a.exporting
b.World Trade Organization
c.infrastructure
d.exchange rate
e.tariff
f.import quota
g.dumping
h.ISO certification
i.foreign licensing
j.multinational corporation
k.global marketing strategy
l.multi-domestic marketing strategy
m.countertrade
n.joint venture
o.exchange control
p.customs union
q.Free Trade Area of the Americas
r.European Union
s.importer
t.embargo
u.franchise
-The _____ is a multinational economic community that has adopted a common currency, removed trade restrictions, and permitted a free flow of goods and workers throughout the member nations.

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Definitions:

Statement Of Cash Flows

The Statement of Cash Flows is a financial report that shows how changes in balance sheet accounts and income affect cash and cash equivalents, breaking the analysis down to operating, investing, and financing activities.

Current Assets

Short-term financial resources that a company expects to turn into cash within one year.

Financial Statements

Formal records of the financial activities and condition of a business, including the balance sheet, income statement, and cash flow statement.

Long-term Assets

Assets that are expected to provide economic value beyond one year, such as property, plant, and equipment.