International Trade
	Bretton Woods Conference
	International Monetary Fund
	World Trade Organization
	treaty of rome
	Maastricht Treaty
	Euro
	Subcontracting (Outsourcing)
	European Union
	Porter's Cluster Theory
	International logistics
	Supply chain management
	Reverse Logistics
	Mission
	Strategy
	Core Competencies
	Critical Factors
	Multidomestic Strategy
	Global Strategy
	Transnational Strategy

a. He argues that to create an advantage it is critical to have a conglomerate of companies together with their suppliers concentrated in a geographic area that serves the same industry.

b. Agreement between six countries that began the establishment of the European Union.

c. Strategy that combines the benefits of efficiencies on a global scale with the benefits of local response capacity.

d. How the organization hopes to achieve its missions and goals.

e. The practice in which one company hires another to do work it previously did.

f. Integrates supply and demand management between and across companies.

g. Process of planning, implementing and controlling the flow and storage of goods, services and related information from the point of origin, to the point of consumption of a product located in a foreign country.

h. It involves the handling of goods after being sold to the final consumer such as remanufacturing, guarantees and recycling.

i. Place where the international institutions that govern trade were created.

j. A series of skills, talents and activities that a company performs particularly well.

k. International organization responsible for compliance with international agreements.

l. Organization that monitors exchange rates and develops an international payment system.

m. Strategy in which operational decisions are centralized and the main office coordinates standardization and learning across facilities.

n. Strategy in which operational decisions are decentralized to each country to increase local response capacity.

o. Purpose or raison d'tre of the company.

p. Activities necessary for a company to achieve its goals.

q. Unique economic and political association in the world, made up of 28 countries.

r. Common currency among the countries of the European Union.

s. It refers to the sale of goods and services across international borders.

t. Agreement between the countries of the European Union that create the single European currency, the euro.