IMS 3310 Exam 1 UT Dallas Study Guide
Solutions
International Business - ANSWER-Business that is carried out across national borders
Foreign Business - ANSWER-The operations of a company outside its home or domestic market
International Company (IC) - ANSWER-A company with operations in multipl...
Foreign Direct Investment (FDI) - ANSWER✔✔-Direct investments in equipment, structures, and
organizations in a foreign country at a level sufficient to obtain significant management control;
Note: does not include mere foreign investment in stocks
Exporting - ANSWER✔✔-The transportation of any domestic good or service to a destination outside a
country or region
Importing - ANSWER✔✔-The transportation of any good or service into a country or region, from a
foreign origination point
economic globalization - ANSWER✔✔-The tendency toward an international integration and
interdependency of good, technology, info, labor, and capital, or the process of making this integration
happen
Trade Defecit - ANSWER✔✔-The amount by which by which the value of imports into a nation exceeds
the value of trade exports
Imports > Exports
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