The European Parliament, which meets in Strasbourg, France, is primarily a legislative body.

Capital flight refers to businesses fleeing a country following a change in exchange rates.

The foreign exchange market offers complete insurance against foreign exchange risk.

Supply and demand of one currency relative to another helps determine exchange rates.

The free trade pact known as Mercosur has been successful at creating a full customs union among its member countries.

Economic theories suggest that unrestricted free trade and investment is a zero-sum game, in which only one country stands to gain.

The process of exporting grants a foreign entity the right to produce and sell a firm’s product.

The scope of the World Trade Organization covers all tariff and nontariff barriers to regional economic integration.

Historically, countries have occasionally manipulated the tax rules as a way to encourage domestic companies to invest at home.

Offshore production refers to FDI undertaken to serve the host market.