International Trade Is Motivated by the Quest to Exploit Market

question 24

True/False

International trade is motivated by the quest to exploit market opportunities in other countries; foreign direct investment,on the other hand,is motivated by the desire to exploit resources and capabilities located in other countries.

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Definitions:

Goods In Transit

Items that have been shipped by a seller but not yet received by the buyer, existing in a limbo state on the balance sheet until delivery.