Key Words

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  • Created by: jddisu
  • Created on: 22-12-17 17:47
O H M E L U F Y H B I F O Y E M N G N T J
F E P M M U C V E O E H S S S O C O N O E
J M L Q W G L H D F S N N I I N I E M H Q
H H J I Y M C R W N O E N T O T M N I D S
V D U Q N O C D I I C O A I A E O N S S Q
P P I N P I I F N I I S T R E I V K E O E
H D V T J E E U L T I A G R T B K T D S P
R P W B L Y S T C L R E G A X I A A I I F
F N P M L M R E A E T A S F M R H O S P C
E R G Q O O T B M N L I X S E Y T B I R B
C X O T P O O O I A R U S M X P T F T P N
K A S M R L L L R E R T O S X W P K D P G
D U I P G G A E N M X L P Y U C T F W F V
C K G O G C T I V Y G G H C F E I J K V V
Q U X A I A A B W N M L K N S J S F D O V
E O D T L T A R O R J P B I H G K A G D G
I U R I N L X C I F G S A I M Y D T H G V
U E B O G L O B A L M A R K E T I N G L P
V Y C K H E V A U X N O R R D W D F O V N
O A K K D F U S G F Q Y P V X U G Y H A Y
M Y V U N U G E G N G D J D F I Y F I E J

Clues

  • a collection of different companies or organisations which may be involved in different business activities but all report to one parent company (13)
  • a deliberate policy by government to impose restrictions on trade in goods and services with other countries - usually done with the intention of protecting home-based industries from foreign competition (13)
  • a license issued by a national government authorising the importance of goods from a specific source (6, 7)
  • a process by which the national economies, societies and cultures have become increasingly integrated through the global network of trade, communication, transportation and immigration (13)
  • a system of standardised transport that uses large standard-size steel containers to transport goods. The containers can be transferred between ships, trains and lorries, enabling cheaper, efficient transport (16)
  • a trade bloc which allows free trade with no barriers between its member states but imposes a common external tariff to trading countries outside the bloc (for example, the European Union) (7, 6)
  • an agreement on trade (or aid) that is negotiated between two countries or two groups of countries (9, 9)
  • an arrangement in which the supply chain of a company is owned entirely by that company, from raw material through to the finished product. This gives the TNC control over its supplies and stocks and reduces costs because of economies of scale (8, 11)
  • when a company views the world as a single market and creates products that fits the various regional marketplaces (6, 9)
  • when companies in similar industries locate near to each other because of the benefits gained by sharing ideas and resources (13)

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