NAFTA		the kinds
tariff		cost per item to go down when produced in large quantities
gross domestic product		activities that individuals or groups perform to assist individuals
telecommunication		2 or more business combining assets for mutual gain
transparency		buying goods or services from another country
globalization		total value of goods and serviced produced in a country during a specific period
competitive advantage		the reliance of two of more groups to fulfill needs
franchise		selling goods or services to another country
services		a company authorizes a group to sell its goods or services
innovation		a tax imporsed on goods or service
foreign direct investment		Free trade agreement between Canada, USA
importing		control or own production, distribution outside your country
self sufficiency		ability to provide for all of your need without outside assistance
goods		countries in the process of becoming industrialized
economies of scale		money or other assets available for investment
EU		change that extends an initial concept
standard of living		outperformance of competitors in many areas
interdependence		Alliance of European contries
exporting		communication across distance
joint venture		the growth and spread of international businesses
capital		open sharing of information within a company
invention		new product based on a creative idea
developing country		raw materials, semi manufactured items