Chapter 1 Flashcards
1
Q
KOF
A
index of globalization
economic, social, political
2
Q
HDI
A
human development index
3
Q
WTO letters
A
World Trade Organization
4
Q
WTO number of members
A
164
5
Q
MBW
A
Mexican business web
6
Q
Dumping
A
Selling below cost (illegal)
7
Q
Quota
A
Limit of quantity
8
Q
Umbrella quota
A
Extra quota established for a small time in order to fulfill demand on market
9
Q
NOM
A
Normas oficiales Mexicanas
10
Q
DIA 7
A
Tells you all requirement for a specific product in a specific country
11
Q
PTAs
A
Preferencial trade agreement
12
Q
FTA
A
Free trade area
13
Q
CU
A
Customs Unions
14
Q
Economic Union
A
Supernational union with same economy/currency, monetary policy and fiscal policy
15
Q
Monetary policy
A
All have same currency
