Select the True Statement

question 131

Multiple Choice

Select the true statement.

• A) Legislation regulating marketing in many foreign countries is being eased.
• B) A government's attitude toward cooperation with importers has little impact on marketing to that country.
• C) Refusing to give payoffs and bribes in some foreign countries may put a marketer at a competitive disadvantage.
• D) Bribes and payoffs are considered unethical in all countries and cultures.
• E) Bribes and payoffs are supported by U.S. trade policies under certain conditions.

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Definitions:

Foreign Licensing

A business practice where a company allows another business in a different country to produce and sell its products under its brand.

International Production

Creating goods in multiple countries around the globe, often to minimize costs or maximize quality.

Direct Exporting

Direct exporting refers to the process by which a company sells its products directly to buyers in a foreign market without intermediaries.

North American Free Trade Agreement

An agreement among the United States, Canada, and Mexico designed to remove tariff barriers between the three countries.