Entries in bold refer to key terms, which are listed at the end of each chapter.
A
Absolute advantage, 54
Accountants, demand for, 55
Activision Blizzard Distribution, 109
Allstate Insurance, 55
Apprenticeships, 119
Asia, 53
Association of South East Asian Nations (ASEAN), 60
Austria, 138
B
Balance of payments, 55
Balance of trade, 55
Balance-of-payments deficit, 55
Balance-of-payments surplus, 55
Bank of America, 257
Baskin-Robbins, 93
Belarus, 43
Bolivia, 60
Bosnia, 57
Bureau of Economic Analysis (BEA), 42
C
Child labor, 63
Chile, 60
absolute advantage in, 54
comparative advantage of, 54
marketplace size of, 53
production offshoring to, 10
U.S. trade deficits with, 55
Coca-Cola, 40
Common markets, 60
Communication, 142
Comparative advantage, 54
Congo, 57
Contractual agreements, 63
Corruption, 57
Costa Rica, 60
Currency traders, 56
Customs unions, 60
D
Denmark, 39
Deutsche Bank AG, 257
Devaluation, 56
Direct exporting, 62
Dominican Republic, 60
Dumping, 58
Dunkin’ Brands, 93
E
Economic trade barriers, 57
El Salvador, 60
Embargos, 58
Employee benefits, 121
Exports, 52
F
Federal Express (FedEx), 55
Feedback, 139
Finland, 39
Floating exchange rates, 56
Foreign Corrupt Practices Act, 57, 231
Foreign currency market, 56
Foreign stock markets, 252–253
Franchising, 93
Free-trade areas, 60
G
General Agreement on Tariffs and Trade (GATT), 59
General Motors (GM), 51
Gibe III dam (Ethiopia), 59
Global financial system, 257–258
Globalization
contractual agreements, 63
importers and exporters, 62–63
international direct investment, 63
Gorbachev, Mikhail, 40
Gross domestic product (GDP), 53
Guatamala, 60
H
Hard currencies, 56
High-context cultures, 138
Honduras, 60
I
Iceland, 60
IKEA, 53
Imports, 52
marketplace size of, 53
outsourcing to, 53
service offshoring to, 10
technical workers in, 54
Indirect exporting, 62
Indonesia, 57
International accounting, 241–242
International Accounting Standards Board (IASB), 242
International Accounting Standards Committee (IASC), 241–242
International direct investment, 63
International Financial Reporting Standards (IFRS), 242
International Monetary Fund (IMF), 59–60
International Organization for Standardization (ISO), 159
International trade
absolute and comparative advantage, 53–54
economic communities, 60
factors of production, 53
organizations promoting, 59
size of marketplace, 53
International unions, 125
ISO standards, 159
J
U.S. trade deficits with, 55
yen, 55
Joint ventures, 63
JPMorgan Chase, 257
K
Kellogg's, 53
L
Labor unions, 125
Language trade barriers, 57
Legal trade barriers, 57
Lesotho, 53
London Stock Exchange, 252–253
Low-context cultures, 138
M
Macedonia, 60
Malaysia, 93
Marx, Karl, 39
McDonald's Corp., 93
Mercosur customs union, 60
Montenegro, 60
Multinational corporation (MNC), 63
N
NAFTA, 242
Namibia, 39
Netherlands, the, 63
New Zealand, 56
Nicarauga, 60
Nontariff trade barriers, 58
North American Free Trade Agreement (NAFTA), 60
North Korea, 40
O
Opportunity cost, 54
Organization for Economic Cooperation and Development Anti-Bribery Convention, 57
Outsourcing, 10
P
Paraguay, 60
People's Republic of China, 40
Personal space, 142
Political trade barriers, 57
Populations
GDP and, 53
Q
Qualcomm, 121
Quotas, 58
R
Research and Markets, 198
Ruble, 55
Russia, 93
ruble, 55
S
Saudi Arabia, 53
Senders, 139
Serbia, 60
Shanghai Disney Resort, 55
Silk production, 54
Social, cultural, and economic trade barriers, 56
Socialism, 39
Soft currencies, 56
South Korea, 53
Soviet Union, 40
Subcontracting, 63
Swaziland, 53
Sweden, 39
Switzerland, 138
T
Tanzania, 39
Tariffs, 58
Tata Motors, 56
Theory Z motivational theory, 124
Toyota Motors, 51
Trade deficit, 55
Trade surplus, 55
Treasury bills, 43
Turkey, 60
U
U.S. Department of Commerce, 42
Uruguay, 60
V
Values trade barriers, 57
Volkswagen Group, 51
W
Walmart, 53
Walmart International, 53
Walt Disney Company, 55
Wells Fargo, 257
World Bank, 59
World Factbook (CIA), 61
World Trade Organization (WTO), 59
Y
Yen, 55
Z
Zambia, 39
Zimbabwe, 43
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