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James Dodgsen Is a Student in a Graduate Course in Business.The

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James Dodgsen is a student in a graduate course in business.The professor in the course has given Dodgsen and his classmates a surprise quiz in class.Dodgsen did not do the reading for class that day because he had been grading papers as part of his TA position.He has been prepared for every other class that semester.As he glances as the quiz questions, he realizes that he does not know any of the answers.However, he sees that Jane Frampton, the student who sits next to him, is well prepared and answering the questions with great ease.He can see her answers because of her large, block-style printing.Dodgsen copies her answers.


Definitions:

Exporting

The selling of goods or services produced in one country to buyers in another country.

Direct Investment

An investment involving the purchase of the physical assets or a significant amount of ownership (stock) of a company in another country.

Indirect Exporting

A method of entering foreign markets by selling products through intermediaries, rather than directly to overseas customers.

Export Duties

Taxes imposed on goods shipped out of a country.

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