| A | B |
| Quota | Limit on the amount of a product that can be imported into a country over a particular period of time. |
| Qualitative Restriction | Standard of quality an imported product must meet before it can be sold. |
| Life Cycle | Determined by changes in the type of competition faced by a product. |
| Tariffs | Tax on imports. |
| Market Penetration | Increasing market share for a product or service within a given market in a given area. |
| Trade Barriers | Methods for keeping foreign businesses from competing with domestic producers. |
| Imports | Products and services that are brought in from another country to be sold. |
| Exports | Products and services that are produced in one country and sent to another to be sold. |
| Culture | The set of customs, beliefs, and social attitudes that characterize a particular group of people. |