2 Flashcards
Export
send (goods or services) to another country for sale
Import
bring (goods or services) into a country from abroad for sale
Net-working
the process of trying to meet new people who might be useful to you in your job, often through social activities
Bringe benefits
An employment benefit given in addition to one’s wages or salary
Market strategies
A strategy that integrates an organization’s marketing goals into a cohesive whole
Margin
the difference between two amounts, especially the difference in the number of votes or points between the winner and the loser in an election or other contest
Balance of trade
the difference in value between a country’s imports and exports
Intangible qualities
Inside (hidden) qualities of a person
Personal department
The department in the company structure which deals with staff of a company
Dumping
Exporting goods at prices lower than the home-market prices
Franchise fee
initial sum of money paid for franchise
Quota
maximum quantity of a product allowed into a country during a certain period of time
Comparative advantage
- the ability to produce goods cheaper than anyone else
ASEAN
Association of South-East Asia Nations, trading block eliminating its tariff walls and customs duties
MERCOSUR
Southern Cone Common Market
