BUSN 115 STUDY Career Path Begins/busn115study.com BUSN 115 STUDY Career Path Begins/busn115study.com | Page 48

Embargoes Import quotas Import tariffs Restrictive import standards Question 11. Question : (TCO 2) The _____ was established to foster international financial cooperation and its primary functions include providing short-term loans to countries that are unable to meet their financial obligations and working to alleviate poverty in developing economies. World Trade Organization World Commerce Center European Union North American Free Treaty International Monetary Fund Question 12. Question : (TCO 2) _____ refers to buying goods or services from a supplier in another country. Franchising Importing Licensing Partnering Intermediating