When a Firm Sells Its Domestically Produced Goods in a Foreign

question 121

Multiple Choice

When a firm sells its domestically produced goods in a foreign country through an intermediary,it is referred to as

• A)direct exporting.
• B)indirect exporting.
• C)licensing.
• D)franchising.
• E)foreign assembly.

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Definitions:

Cash Refunds

Monetary reimbursements given to customers for the return of products, often as a return policy of retail businesses.

Run-On Sentence

A sentence in which two or more independent clauses are improperly joined without an appropriate conjunction or punctuation.

Independent Clauses

Sentences or clauses that can stand alone as a complete thought or idea because they have both a subject and a predicate.

Simple Sentence

A sentence consisting of only one independent clause, with a subject and a predicate, conveying a complete thought.