2F gobal issues: part 1 Flashcards

1
Q

Over seas competitors

A

Businesess located in other countries that opterate int he same or simliar industry and offfer a similar good and service.

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2
Q

offshooring Labor

A

Moving a busunesss setvices or processes to another countrie.

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3
Q

Exchaange rates

A

The rate at which the money of one courty can be exchanged for the money of another country

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4
Q

Currency appritaion

A

an increase in the value of a currency agaisnts another foreign curreny

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5
Q

currnecy depreciation

A

A decrease in the alue of a currency agisnt another forengn country.

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