AAA ratings - Answer The highest possible rating that may be assigned by a credit
rating agency for a bond
absolute quota - Answer A quota that strictly limits the quantity of goods that may
enter a country.
Ad valor
...
AAA ratings - Answer The highest possible rating that may be assigned by a credit
rating agency for a bond
absolute quota - Answer A quota that strictly limits the quantity of goods that may
enter a country.
Ad valorem tariffs - Answer Import taxes based on a fixed percentage of the
assessed commercial value of imported goods
algorithms - Answer A process or set of rules to be followed in calculations especially
by a computer
agility - Answer ability to move quickly and easily
antimonopoly laws - Answer Consumer protection policy used to limit unfair business
practices related to competition and control of prices
antitrust laws - Answer Consumer protection policy used to limit unfair business
practices related to competition and control of prices
Apple Inc. vs. Pepper - Answer Antitrust court case in which a group of iPhone users
have accused Apple of monopolistic practices via the App store
artificial intelligence (AI) - Answer Any type of computer that engages in humanlike
activities
assets - Answer A useful or valuable thing; something you own such as building,
inventory, or cash
autarky - Answer A political or economic system that becomes self-sufficient to
survive.
balance of payments - Answer The difference in total value between payments into
and out of the country over a period of time
barriers to entry - Answer The obstacles that make it difficult for a new company to
enter a given market. These barriers may include technology challenges, high startup costs, or government regulations
brand - Answer A type of product made by a particular company under a particular
name
broadband - Answer Any type of high-speed wired or wireless communication
Business ethics - Answer The contemporary standards or sets of values that govern
the actions and behavior of individuals in the business organization and the actions
of the business itself
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