| A | B |
|---|
| balance of payments | The difference between a country's total payments to other countries and its total receipts from other countries. |
| balance of trade | The difference between a country's total exports and total imports of goods. |
| embargo | Stopping the importing or exporting of a certain product or service. |
| exchange rates | The value of money of one country expressed in terms of the money of another country. |
| exports | Goods and services sold to another country |
| imports | Goods and services bought from another country. |
| infrastructure | A nation's transportation, communication, and utility systems. |
| joint venture | An agreement between two or more companies from different countries to share a business project. |
| multinational company (MNC) | An organization that conducts business in several countries. |
| quota | A limit on the quantity of a product that may be imported and exported within a given period. |
| tariff | A tax that a government places on certain imported products. |
| trade barrier | Government restrictions to reduce free trade. |
