Intro to Business Ch3 II

Match it! Select the correct answer from the pull down...Good luck!

Completely prohibiting the import or export of a product.

Exists when a country is the only one that can produce something

Exists when a country specializes in the production of a good or service at which it is relatively more efficient.

The cost of using someone else's money is ______.

A limit on the quantity of a product that may be imported or exported.

This group helps maintain an orderly system of world exchange rates.

Items sold to other countries.

Which of the following is an example of a global strategy?