Kaarten: Unit 7. International Business | Quizlet

To heighten

to increase or intensify something

sovereign debt

Government debt

disparities

DiAerences

persistent

Continuing

monolithic (cf. view of)

large, powerful, and uniform, often seen as a single, unchanging entity

tainted

contaminated or damaged, especially by something bad or morally wrong

loan terms

the conditions and rules under which money is borrowed

to account for

to explain or be a reason for something; or to include something as part of a total

incumbent

currently holding an oAicial position or role

coverage

the extent to which something is reported, included, or protected

at stake (issues)

at risk

foreign aid

Financial support to countries

perception

the way something is understood or interpreted by people

credit ratings

Evaluation of creditworthiness

disproportionate

too large or too small in relation to something else

reforms

changes made to improve a system, law or organization

recognition

acknowledgment or acceptance that something or someone exists, is true or is

important

pessimistic

expecting that bad things will happen

trope/s

a common or overused theme, idea, or device in literature, media or speech

to disrupt

to interrupt or disturb something so it does not function normally

cross-border trade

the exchange of goods or services between diAerent countries

skilled worker

a person who has special training or ability needed for a particular job

competitive advantage

a condition or quality that allows a company or country to perform better than its rivals

to curtail

to reduce or limit something

assets

valuable resources or property owned by a person, company or country

geopolitical

Related to politics and geography

adverse

Harmful

risk

Possibility of loss

to pose

to present or create (a problem, risk or question)

stock returns

the profit or loss made from investing in stocks over a period of time

percentage points

a unit used to describe the diAerence between percentages

monthly drop

a decrease in value ar amount that happens over the course of one month

sovereign risk

Risk of government default

output

the amount of goods or services produced by a person, company or economy

credit derivatives

financial contracts whose value is based on the credit risk of an underlying asset or borrower

spill over

To spread to others

linkages

connections or relationships between diAerent things, especially in economic or financial systems

premium

Additional payment

institutions

organizations established for a specific purpose

trading partner

something or someone who regularly exchanges goods or services with another

asset price

the market value of a financial or physical asset at a given time

macroeconomic

relating to the economy as a whole

compensation

payment or benefits given in return for ork or loss

stocks

shares in the ownership of a company

to be exposed to something (cf. risk)

to be in a situation where one is vulnerable to or aAected by something

safeguarding

protecting something or someone from harm or danger

a loss

a situation in which money is lost or something decreases in value

regulators

authorities or agencies that create and enforce rules and standards in a particular industry

to allocate

to distribute resources or duties for a specific purpose

to stress test (v) / stress tests (n)

to evaluate how something (especially a financial system or

institution) performs under extreme conditions; stress tests are the evaluations themselves

liquidity

Availability of cash

buffer

Protective reserve

vulnerable

Easily harmed

geopolitical shock

Major political disruption

to borrow

To take money to repay later

to buck the trend

To act against general direction

giddying success

extremely rapid or overwhelming success that can feel dizzying oor hard to adjust to

prosper

To succeed financially

non-negotiable

Not open to discussion

catalyst

Something causing change

start-up (adj)

relating to a newly established business or company

start-ups (n)

newly created companies

lifeblood

Essential element

hybrid working

a work arrangement combining working from home and working in an oAice

to adapt to

to change or adjust in order to fit new conditions or situations

proximity

Nearness

to pivot

To change strategy

negative stereotypes

oversimplified and often unfair beliefs about a group of people or things

fabrication plant

a factory where parts of products are made or assembled

to reshore

To bring production back home

to onshore

To move operations domestically

to prop up

To support financially

manufacturing hubs

regions or cities with a high concentration of manufacturing industries and production facilities

cost parity

Equal cost level

to blaze a trail

To pioneer

to be held accountable

To be responsible for actions