Which of the Following Statements Regarding Exporting Is FALSE

question 5

Multiple Choice

Which of the following statements regarding exporting is FALSE?

• A)Exporting is the easiest of entry-mode strategies.
• B)Export can be of the passive form where overseas orders are treated like domestic orders.
• C)Export can be indirect where companies rely on intermediaries to sell overseas.
• D)Because it is the easiest form of going international, exports are not as important to the US economy.

---

Definitions:

Equilibrium Price

A rate where demand for a product or service aligns exactly with its supply, creating a balanced market situation.

Imported Products

Goods or services brought into one country from another for sale or use.

VER (Voluntary Export Restraint)

An agreement by an exporting country to limit the quantity of goods exported to another country, often to avoid formal trade restrictions or tariffs.