| A | B |
|---|
| Exports | Good and services sold to another country. |
| Quota | A limit on the quantity of a product that may be imported and exported within a given period. |
| trade barriers | Government restrictions to reduce free trade. |
| Multinational Company (MNC) | An organization that conducts business in several countries. |
| Exchange Rate | The value of money of one country expressed in terms of the money of another country. |
| Imports | Goods and services bought from another country. |
| Embargo | Stopping the importing or exporting of a certain product or service. |
| Joint venture | An agreement between two or more companies from different countries to share a business project. |
| Balance of Trade | The difference between a country's total exports and total imports of goods. |
| Tariff | A tax that a government places on certain imported products. |
| Balance of Payments | The difference between a country's total payments to other countries and its total receipts from other countries. |
| Infrastructure | A nation's transportation, communication, and utility systems. |
