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________ is export/import financing in which the importer’s bank issues a document stating that the bank will pay the exporter when the exporter fulfills the terms of the document.

A company that is closing factories with unused capacity and laying-off workers is likely following a ________ strategy.

The process by which a company extends its control over additional stages of production is called ________.

A production technique in which inventory is kept to a minimum and inputs to the production process arrive exactly when they are needed is called ________.

Which of these occurs when a company sells its products directly to buyers in a target market?

Businesspeople who accept the risks and opportunities involved in creating and operating new business ventures are called ________.

Integration whereby countries coordinate aspects of their economic and political systems is called a(n) ________.

International business is best defined as ________.  

Financing obtained from investors who believe the borrower will experience rapid growth and who receive equity-part ownership-in return is called ________.

A pricing policy in which one selling price is established for all international markets is called ________.