| A | B |
|---|
| Imports | Items bought from other countries. |
| Exports | Goods and services sold to other countries. |
| Balance of trade | The difference between a country’s total imports and exports. |
| Balance of Payments | The difference between the amount of money that comes into a country and the amount that goes out of it. |
| Exchange rate | The value of a currency in one country compared with the value in another. |
| Infrastructure | A factor that supports international trade in industrialized countries. |
| Joint Venture | An agreement between two companies to share a business project. |
| Multinational Company(MNC) | An organization that does business in several countries |
| Quota | A limit on the quantity of a product that may be imported or exported within a given period. |
| Tariff | A tax that a government places on certain imported products |
| Trade Barrier | Restrictions to free trade. |
| Embargo | A stop in the export or import of a product completely |
