Global Marketing Flashcards
1
Q
exporting
A
marketing domestically produced good and services to foreign countries.
2
Q
importing
A
purchasing foreign goods and services.
3
Q
Related Party Trade
A
trade by US companies with their subsidiaries overseas as well as trade by US subsidiaries of foreign owned firms.
4
Q
Infrastructure
A
a nations basic system of transportation networks, communication systems, and energy facilities.
5
Q
exchange rate
A
price of one nations currency in terms of another country’s currency.
