please match the right and left side, no need to explain anything

Bonpoc 1 6 Match the terms with the right definitions. absolute advantage ( The practice in which a foreign firm manufactures private-label goods under a domestic firm's brand name balance of payments A form of International trade in which part or all of the payment for goods or services is in the form of other goods and services The difference between the value of a country's exports and the value of its imports during a specific time. A summary of a country's International financial transactions showing the difference between the country's total payments to and its total receipts from other countries. balance of trade The situation when a country can produce and sell a product at a lower cost than any other country or when it is the only country that can provide the product. Government rules that give special privileges to domestic manufacturers and retailers buy-national regulations Bupats contract manufacturing [ | countertrade [ ] ] V 2 Match the terms with the right definitions. devaluation ( 1 Active ownership of a foreign company or of manufacturing or marketing facilities in a foreign country direct foreign Investment The practice of charging a lower price for a product in foreign markets than in the firm's home market A lowering of the value of a nation's currency relative to other currencies Trade agreement among 28 European nations dumping Laws that require a company earning foreign exchange foreign currency) from its exports to sell the foreign exchange to a control agency, such as a central bank exports of a product embargo A total ban on imports TEMu ) European Union [] exchange controls ( | 3 3 6 Gana (-os) Match the terms with the right definitions floating exchange rates ( 1 An agreement in which a domestic firm buys part of a foreign firm or joins with a foreign firm to create a new entity free-trade one An area where the nations allow free, or almost free, trade among each other while imposing tariffs on goods of nations outside the zone The legal process whereby a firm agrees to allow another firm to use a manufacturing process, trademark, patent, trade secret, or other proprietary knowledge in exchange for the payment of a royalty A limit on the quantity of a certain good that can be imported G20 Informal group that brings together 19 countries and the European Union-the 20 leading economies in the world A system in which prices of currencies move up and down based upon the demand for and supply of the various currencies Import quota 1 ! y joint venture [] licensing ( | 4 Bonpoc 4 6 -on) ) Match the terms with the right definitions outsourcing Bupata The policy of protecting home industries from outside competition by establishing artificial barriers such as tariffs and quotas preferential tarif An unfavorable balance of trade that occurs when a country imports more than it exports An organization established by the Uruguay Round in 1994 to oversee International trade, reduce trade barriers, and resolve disputes among member nations A tariff that is lower for some nations than for others principle of comparative advantage The concept that each country should specialize in the products that it can produce most readily and cheaply and trade those products for those that other countries can produce more readily and cheaply Sending work functions to another country, resulting in domestic workers losing their jobs protectionism [ V trade dicht ( ! World Trade Organization (WTO (] Bupata v Bonpoc 1 6 Match the terms with the right definitions. absolute advantage ( The practice in which a foreign firm manufactures private-label goods under a domestic firm's brand name balance of payments A form of International trade in which part or all of the payment for goods or services is in the form of other goods and services The difference between the value of a country's exports and the value of its imports during a specific time. A summary of a country's International financial transactions showing the difference between the country's total payments to and its total receipts from other countries. balance of trade The situation when a country can produce and sell a product at a lower cost than any other country or when it is the only country that can provide the product. Government rules that give special privileges to domestic manufacturers and retailers buy-national regulations Bupats contract manufacturing [ | countertrade [ ] ] V 2 Match the terms with the right definitions. devaluation ( 1 Active ownership of a foreign company or of manufacturing or marketing facilities in a foreign country direct foreign Investment The practice of charging a lower price for a product in foreign markets than in the firm's home market A lowering of the value of a nation's currency relative to other currencies Trade agreement among 28 European nations dumping Laws that require a company earning foreign exchange foreign currency) from its exports to sell the foreign exchange to a control agency, such as a central bank exports of a product embargo A total ban on imports TEMu ) European Union [] exchange controls ( | 3 3 6 Gana (-os) Match the terms with the right definitions floating exchange rates ( 1 An agreement in which a domestic firm buys part of a foreign firm or joins with a foreign firm to create a new entity free-trade one An area where the nations allow free, or almost free, trade among each other while imposing tariffs on goods of nations outside the zone The legal process whereby a firm agrees to allow another firm to use a manufacturing process, trademark, patent, trade secret, or other proprietary knowledge in exchange for the payment of a royalty A limit on the quantity of a certain good that can be imported G20 Informal group that brings together 19 countries and the European Union-the 20 leading economies in the world A system in which prices of currencies move up and down based upon the demand for and supply of the various currencies Import quota 1 ! y joint venture [] licensing ( | 4 Bonpoc 4 6 -on) ) Match the terms with the right definitions outsourcing Bupata The policy of protecting home industries from outside competition by establishing artificial barriers such as tariffs and quotas preferential tarif An unfavorable balance of trade that occurs when a country imports more than it exports An organization established by the Uruguay Round in 1994 to oversee International trade, reduce trade barriers, and resolve disputes among member nations A tariff that is lower for some nations than for others principle of comparative advantage The concept that each country should specialize in the products that it can produce most readily and cheaply and trade those products for those that other countries can produce more readily and cheaply Sending work functions to another country, resulting in domestic workers losing their jobs protectionism [ V trade dicht ( ! World Trade Organization (WTO (] Bupata v