The Disadvantages of Exporting Include High Transportation Costs, Exchange Rate

question 84

True/False

The disadvantages of exporting include high transportation costs, exchange rate fluctuations, and possible tariffs placed on imports into the local country.

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Definitions:

Certificates of Deposit

Interest-bearing bank deposits with a fixed maturity date, penalty for early withdrawal, and are insured.

Proceeds

Refers to the money or other benefits received from a transaction or event.

180 Days

A time period equivalent to roughly six months, often referenced in the context of deadlines or durations for specific actions or conditions.

Debtor

An individual or entity that owes money to another individual or entity, known as the creditor.