| A | B |
|---|
| balance of payments | The difference between the total amount of money that flows into a country and the money that flows out of a country for investments, tourism, and nontrade items |
| balance of trade | The difference between a country's total exports and total imports of merchandise |
| domestic trade | The buying and selling of goods and services among people and businesses within the same country |
| embargo | Stopping the importing and exporting of a certain product or service |
| exports | Goods and servies sold to another country |
| imports | Goods and services bought from another country |
| quota | A limit on the quanity of a product that may be imported or exported within a given period of time |
| rate of exchange | The value of the money of one country expressed in terms of the money of another country |
| tariff | A tax that a government places on certain imported products |
| world, foreign, or international trade | Trade among different countries |
| Multinational company or corporation (MNC) | An organization that conducts business in several countries. |
