Of the Following,which Is NOT True About the Export-Import Business

question 38

Multiple Choice

Of the following,which is NOT true about the export-import business?

• A) Many employees,often 100+,are required for an export-import business to operate.
• B) The export-import business is a relatively low-risk operation.
• C) The export-import business involves penetrating foreign markets or importing merchandise at competitive prices for domestic consumption.
• D) The opportunity to participate in export-import business is significant.
• E) Government agencies offer specialized seminars and programs on how to identify markets overseas and sell merchandise there.

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Definitions:

AnnualCreditReport.com

The official website that allows consumers to access their credit reports for free annually from the three major credit bureaus.

Reporting Agencies

Organizations that collect, compile, and distribute information about individuals or companies, especially for credit reporting, background checks, or statistical purposes.

Credit Reports

Documents that contain detailed information about an individual's credit history, including loans, credit cards, and payment history.

Closed-end Credit

A type of loan where a consumer borrows a specific amount of money and agrees to repay it over a fixed period with scheduled payments.