________ Is an Example of an Export of a Service

question 198

Short Answer

________ is an example of an export of a service.
An advertising agency in Montreal making a TV commercial for a company in France
Obtaining information from a foreign database
Vacations taken by Canadians in a foreign country
Purchasing a camera made in Japan
A Canadian tourist having a camera repaired in Egypt

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Definitions:

Inventory Needs

The required quantity and type of goods a business needs to have on hand to meet customer demand and maintain smooth operations.

Bulk Ordering

Involves purchasing large quantities of goods or materials, typically to gain economies of scale and reduce per-unit cost.

Backorders

Orders for goods or services that cannot be filled at the current time due to lack of available stock, and are therefore waiting to be fulfilled.

Reordering Cost

Expenses associated with placing additional orders for inventory, including logistics, processing, and communication costs.