ABSTRACT
International Monetary Fund (IMF) 6. Describe the systems of free trade that the EU has in common with the United
States 7. Compare and contrast grease payments, bribes, and offsets 8. Define the following key terms (in order of appearance in the chapter)
globalization tariffs International Monetary international company trade quotas Fund (IMF) multinational company (MNC) trade bans grease payments free enterprise trade deficit bribes central state control antidumping offsets competitive advantage World Trade ethical impact statements of nations Organization (WTO) trade subsidies World Bank
Globalization and Multinational Companies Globalization Concepts Arguments For and Against Globalization The Importance of Globalization Multinational Companies
Comparative Political and Economic Systems Political Systems Economic Systems Business Ownership and Government-Business Relations
International Trade The Economics of International Trade The Politics of International Trade Trade Barriers U.S. Trade Policy and Law Global B usiness Regulations
International Organizations and Trade Agreements The World Trade Organization (WTO) The World Bank and International Monetary Fund (IMF) Trade Agreements
Ethical Issues in International Business Corruption Improving Global Business Ethics Global Codes of Ethics
Business Nonmarket and Market Strategies and Ethics Information Strategies Societal Strategies Political Strategies Legal Strategies
What’s This Chapter All About?
