lists Flashcards
Five primary financial centers in the world
New York, London, Paris, Rome, Zurich
Five POSSIBLE PARTICIPANTS IN AN INTERNATIONAL TRADE TRANSACTION INVOLVING A BANKER’S ACCEPTANCE
IMPORTER, EXPORTER, IMPORTER’S BANK, EXPORTER’S BANK, FOREIGN CORRESPONDENT BANK
Five PRIMARY REASONS FOR THE EXISTENCE OF INTERNATIONAL BUSINESS
lower labor costs in foreign countries
economies of scale
unequal distribution of natural resources
lack of capital in foreign countries
specialization of production
Five TYPES OF FIRMS THAT PROMOTE THE DEVELOPMENT OF INTERNATIONAL BUSINESSES (NOT GOVERNMENTALLY SPONSORED AGENCIES)
banks
transportation companies
insurance companies
marketing research firms
accounting firms
Five REASONS ADVANCED FOR BARRIERS TO INTERNATIONAL BUSINESSES
to protect developing industries
to protect against loss of American jobs
to maintain vital industries
for health reasons
for national security
Four GOVERNMENTALLY SPONSORED agencies that promote international business
United States Department of Commerce
Agency for International Development
Export-Import Bank
World Bank