Question
Hello, asking for some help weather you could check my answer this is an identification type of question. Thank u 1. Vertical It is one
Hello, asking for some help weather you could check my answer this is an identification type of question. Thank u
1.Vertical It is one form of foreign direct investment where a business expands into a foreign country by moving to a different level of the supply chain. In other words, a firm conducts different activities abroad but these activities are still related to the main business
2.International Trade It is the exchange of capital, goods, and services across international borders or territories because there is a need or want of goods or services
3.Trade It is the action of buying and selling goods and services
4.Conglomorate It is one form of foreign direct investment where a business acquires an unrelated business in a foreign country. This is uncommon as it requires overcoming two barriers to entry: entering a foreign country and entering a new industry or market
5.Trade Barriers These are government-induced restrictions on international trade
6.Intellectual Property It refers to creations of the mind, such as inventions; literary and artistic works; designs; and symbols, names and images used in trade or business
7.Fiat Money It is a government-issued currency that isn't backed by a commodity such as gold. It gives central banks greater control over the economy because they can control how much money is printed
8.Money It is a medium of exchange; it allows people to obtain what they need to live
9.Forex Rate It is the rate at which the money of one country can be changed for the money of another country
10.Foreign Direct Investment It is one form of foreign direct investment that where as a business expands into a foreign country but the output from the foreign operations is exported to a third country. This is also referred to as export-platform FDI. Platform FDI commonly happens in low-cost locations inside free-trade areas
FLAT MONEY: It is a currency (a medium of exchange) established as money, often by government regulation, that does not have intrinsic value. It does not have use value (inherent utility, such as a cow or beaver pelt might have), and has value only because a government maintains its value, or because parties engaging in exchange agree on its value
CURRENT EXCHANGE RATE; It is an exchange rate system where the price of the currency is determined by the supply and demand of the currency in the foreign exchangemarket
EXCHANGE RATE; It is the value of one currency when being converted to another currency
APPRECIATION: It is an increase in the value of one currency relative to another currency
HORIZONTAL FOREIGN DIRECT: It occurs when a firm replicates its entire organization in multiple countries
WORLD BANK: It is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects
TARIFF: It is a tax or duty to be paid on a particular class of imports or exports
PEG: It is an exchange rate system where the price of the currency is fixed against another currency or against a basket of other currencies
TAX INCENTIVE: An incentive is an aspect of a country's tax code designed to incentivize or encourage a particular economic activity by reducing tax payments for a company in the said country
INTERNATIONAL STRATEGY; This strategy means focusing on exporting products and services to foreign markets, or conversely, importing goods and resources from other countries for domestic use. Companies that employ such strategy are often headquartered exclusively in their country of origin, allowing them to circumvent the need to invest in staff and facilities overseas
DEPRECIATION: It is a decrease in the value of one currency relative to another currency
GENERAL AGREEMENT ON TARIFFS: t was signed on October 30, 1947 by 23 countries, was a legal agreement minimizing barriers to international trade by eliminating or reducing quotas, tariffs, and subsidies while preserving significant regulations
FDI: It is an investment made by a firm or individual in one country into business interests located in another country
WORLD TRADE ORGANIZATION: It is an international organization that deals with the global rules of trade between nations. Its main function is to ensure that trade flows as smoothly, predictably and freely as possible
INTERNATIONAL MONETARY FUND: It is an organization of 190 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world
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