GLOSSARY OF ENGLISH 1. Negotiate Bargaining (give and take) process between two or more parties (each with its own aims, needs, and viewpoints) seeking to discover a common ground and reach an agreement to settle a matter of mutual concern or resolve a...
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GLOSSARY OF ENGLISH 1. Negotiate Bargaining (give and take) process between two or more parties (each with its own aims, needs, and viewpoints) seeking to discover a common ground and reach an agreement to settle a matter of mutual concern or resolve a conflict.[CITATION Ter \p 3 \l 3082 ] 2. Free Trade Free trade is the idea that things should be able to be traded between countries with as few restrictions or limitations as possible.[CITATION Ter \p 7 \l 3082 ] 3. Tariff A tariff is a tax imposed by a government on goods and services imported from other countries that serves to increase the price and make imports less desirable, or at least less competitive, versus domestic goods and services.[CITATION Ter \p 8 \l 3082 ] 4. Product Method, information, object or service created as a result of a process and serves a need or satisfies a want. It has a combination of tangible and intangible attributes (benefits, features, functions, uses) that a seller offers a buyer for purchase. [CITAT
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