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What is the statement of financial position? What is its purpose? 198)
Direct Exporting
The process of selling goods and services from one country directly to customers in another country without using intermediaries.
Foreign Agent
An individual or organization that represents the interests of a foreign country within another nation, often required to register with the local government.
Commercial Activity
Business activities focused on the exchange of goods or services with the intent to earn profit.
Natural Resources
Raw materials and resources naturally occurring in the environment, such as minerals, forests, and water.
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