comm

Card Set Information

Author:
asteriskrolled
ID:
204829
Filename:
comm
Updated:
2013-03-04 02:10:33
Tags:
international business
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Description:
midterm
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  1. Invoicing currency
    currency in which the goods and services are denominated
  2. Flight capital
    money sent out of a politically or economically unstable country to one perceived as a safe haven
  3. per capita income
    GDP/population or GNI/population
  4. Organization for Economic Cooperation and Development (OECD)
    a part of high-income group, 34 market-oriented democracies
  5. Newly Independent States (NIS)
    15 Soviet republics that declared independence from Soviet Union after its collapse in 1991
  6. Commonwealth of Independent States (CIS)
    a forum to discuss issues of mutual concern
  7. Keiretsu
    large families of interrelated companies that control Japanese industry
  8. Sogo shosha
    an export trading company that keiretsu members rely on to market exports worldwide
  9. Chaebol
    30 or so large conglomerates that are in tight cooperation with the government
  10. Reexporting
    Singapore’s utilization of excellent port facilities to import foreign goods and reexport them to other countries
  11. import substitution policies
    high tariffs and nontariff barriers to discourage imports
  12. export promotion
    opposite of import substitution whereby a country pursues economic growth through more exports

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