School Flashcards
What isa free market plus autocracy
Fascism
Why do most developing countries welcome international buisnesses
They often have trade defecits
The five largest emerging market economies
Brazil
Russia
India
China
South Africa
Main reasons people would buy foreign currency
Travel, trade, foreign investment
What does a government do to raise its currencys value
Decrease its supply
A —- interest rate help stimulate the economy
Low
What is a currency war
Keeping your currency low to be more competitive for exports
Role of a consulate
The representation of the populace in a foreign nation
What is a tax treaty
A treaty that determines the amount of tax each country will collect, preventing double taxation of tax evasion
What does the CBSA do
Oversee international travel and trade across canadas border
For main factors that influence culture
Religion
History
Geography
Climate
What is microcredit
Granting small loans to spur entrepreneurship
Why do sweatshop exist
Global competiveness
Corporate greed
Low prices
Some benefits of CSR
Can be used as a marketing tool
Helps companies attract employees
What is logistics
The process of managing the movement and storage of material through an organization
