A(n) ________ Is a Group of U

question 62

Multiple Choice

A(n) ________ is a group of U.S. firms that operate within the same industry and are allowed by law to coordinate their export activities without fear of violating U.S. antitrust laws.

• A) Webb-Pomerene association
• B) Greenfield organization
• C) export management company
• D) international trading company

---

Definitions:

Agents and Brokers

Intermediaries who facilitate the buying and selling process in various markets, often dealing in real estate, insurance, or securities.

Title to Merchandise

The legal right of ownership of goods, indicating that the holder has the right to control the use and disposition of the items.

Broker

An individual or firm that acts as an intermediary between buyers and sellers, typically earning a commission for facilitating transactions.

Suitable Space

An area or location that meets the required specifications and is appropriate for a particular purpose or activity.