MKTG 396 Lecture Notes - Lecture 19: North American Free Trade Agreement, General Agreement On Tariffs And Trade, Barter
Document Summary
A firm that, by operating in more than one country, gains marketing, production, research and development, and financial advantages that are not available to purely domestic competitors. Taxes on certain imported products designed to raise revenue or protect domestic firms. Limits on the amount of foreign imports they will accept in certain product categories. Limit the amount of foreign exchange and the exchange rate against other currencies. Biases against its bids, restrictive product standards or excessive host- country regulations. A group of nations organized to work toward common goals in the regulation of international trade. Involves the direct exchange of goods or services. E(cid:374)teri(cid:374)g a foreig(cid:374) (cid:373)arket (cid:271)y selli(cid:374)g goods produ(cid:272)ed i(cid:374) the (cid:272)o(cid:373)pa(cid:374)y"s home country, often with little modification. Indirect exporting working through independent international marketing intermediaries. Entering foreign markets by joining with foreign companies to produce or market products or services.
