A Company Can Carry on Direct Exporting in Several Ways

question 15

Multiple Choice

A company can carry on direct exporting in several ways. These include domestic- based export department or division, overseas sales branch or subsidiary, traveling export sales representatives, and

• A) export merchants in foreign countries.
• B) domestic sales representatives.
• C) export management companies.
• D) foreign-based distributors or agents.
• E) marketing departments based in the foreign country.

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Definitions:

Countertrade

A method of trade where goods and services are exchanged for other goods and services instead of for money, often used in international transactions.

Civilian Procurement

The process by which governmental bodies or agencies purchase goods and services for non-military use from the private sector.

U.S. Firms

Companies or businesses that are headquartered, registered, or primarily operate in the United States.

Foreign Trade Zone

Designated areas within a country where goods can be imported, stored, processed, and re-exported with reduced customs duties.