| A | B |
|---|
| import | trade coming into the country |
| exports | trade going to another country |
| international corporation | business that sells outside of the country also |
| multinational corporation | performs business outside the US and has offices outside the US |
| exchange rate | the value of currency compared with the value of currency in another |
| quota | a device used by the government to regulate international trade that sets a limit on the quantity of a product that may be imorted or exported at a given period of time |
| tariff | a device used by the government used to regulate international tax the government places on certain imported products |
| embargo | to stop the export or import of a product completely; if the government wishes to do so it may |
| balance of trade | the difference between a country's total exports and total imports |
| balance of payments | the difference between the amount of money that comes into a country and the amount that goes out of it; it can either be positive or negative |
| MNC- multinational company | an organization that conducts business in several countries and has management capable of doing business worldwide |
