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.
2
Q
offshooring Labor
A
Moving a busunesss setvices or processes to another countrie.
3
Q
Exchaange rates
A
The rate at which the money of one courty can be exchanged for the money of another country
4
Q
Currency appritaion
A
an increase in the value of a currency agaisnts another foreign curreny
5
Q
currnecy depreciation
A
A decrease in the alue of a currency agisnt another forengn country.