The current account

The current account
is records four types of transactions(merchandise trade,service trade,investment income snd unilateral transfer) among residents of different countries.
International business
consists of business activities that are conducted across national boundaries.
Trade barrier
is any action by a government that restricts free trading between organizations within that country and the world outside.
Political risk
The risk of loss of assets,earning power or managerial control due to events or actions that are politically besed or politically motivated.
Transaction exposure
The financial benefit and cost of an international transaction can be affected by exchange-rate movements.
Expropritation
The government takeover is accompamied or followed by some form and amount of reimbursement to the firm.
Transfer pricing
The pricing of sales to members of the corporate family.
Countervailing tariff
This tariff is imposed when a trading partner is seen to be engaging in an unfair trade practive and is intended specifically to counter the practice.
Franchising
A firm in onecountry authorizes a firm in a second country to use its brand names,logos and operating mothods in return for a royalty pay-ment.
Reactive motivation
Influence firms to respond to environmental changes and pressures rather then blaze new trails.
FDI
They are investments made for the purpose of actively controlling property,assets or companieslocated in hose countries.
Time draft
A time draft extends credit to the importer by requiring payment at some specified time after the importer receives the goods.
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