| A | B |
|---|
| International Monetary Fund (IMF) | specialized agency of UN established in 1944. int'l financial institution for dealing w/Balance of Payment problems; 1st int'l monetary authority w/some degree of power over nat'l authority |
| World Bank | Int'l financial institution created to facilitate trade |
| Tariffs | tax on imported goods/svcs, instituted by govts as means to raise rev. and as barriers to trade |
| Quotas | legal restrictions on import Q of particular goods, imposed by govts as barriers to trade |
| Voluntary Restraint Agreements | trade-restraint agreements resulting in self-imposed restrictions that are used to manage/distort trade flows |
| Commercial Service | dept. of US Dept. of Commerce that gathers info & assists bus. executives in bus. abroad |
| Mixed Aid Credits | credit at rates composed partially of commercial interest rates and partially of highly subsidized developmental aid interest rates |
| Technology Transfer | transfer of systematic knowledge for mfg of product, application of process, rendering of svc |
| Capital Flight | flow of private funds abroad, b/c investors believe ROI/safety of capital is not sufficiently ensured in own countries |
| Fiscal Incentives | used to attract FDI that provides specific tax measures to attract investor |
| Financial Incentives | Monetary offers intended to motivate; |
| Nonfinancial Incentives | offers designed to attract FDI that may take form of guaranteed govt purchased, special protection from competition, or improved infrastructure facilities |
