| A | B |
|---|
| global economy | The interconnected economies of the nations of the world |
| freight forwarder | A business that handles overseas shipments |
| importing | Buying or bringing in goods from other countries to sell |
| trade barrier | A restriction on goods entering or leaving a country |
| tariff | Taxes imposed by a government on imported or exported goods |
| gross domestic product | Total value of all goods produced during the year |
| interpreter | Someone who translates the language for easier communication |
| Standard Industrial Trade Classification codes | Provides information about what kinds of products are traded in specific countries |
| International Business Exchange (IBEX) | An electronic commerce system provided by the US Chamber of Commerce that allows you to sell products and services online anywhere in the world |
| trade missions | Allows small business owners to meet and talk with foreign agents, distributors, or potential business partners |
| "best prospect" list | Products that other countries are looking to purchase |
| disposable income | Money people have left to spend after paying for necessary expenses |
| trade intermediary | An agency that serves as a distributor in a foreign company |
| foreign joint venture | An alliance between an American small business and a company in another nation |
| export management company | A business that handles all the tasks related to exporting for a manufacturer |
| exporting | Selling and shipping of goods to another country |
