Examlex
Which of the following statements best describes a type of managerial skill?
Exportation
The act of sending goods or services to another country for sale or trade.
Foreign Marketplace
An external market outside of one’s own country where goods, services, and financial instruments are traded.
Customs Union
An agreement between two or more countries to remove trade barriers and reduce tariffs among them, and to establish a common external tariff against other countries.
Common External Tariff
A uniform tariff rate adopted by a customs union or common market on imports from countries outside the union.
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