Chapter 10 Terms Tools A B exports Goods and services sold to another country quota A limit on the quantity of a product that may be imported and exported within a given period of time multinational company or corporation An organization that conducts business in several countries exchange rate The value of money of one country expressed in terms of the money of another country. imports Goods and services bought from another country embargo Stopping the importing or exporting of a certain product or service. balance of trade The difference between a country's total exports and total imports of goods. tariff A tax that a government places on certain imported products. blanace of payments The difference between a country's total payments to other countries and its total receipts from other countries. international business The business activities necessary for creating, shipping, and selling goods and services across national borders.