In Terms of International E-Commerce, Large Merchandise Is Normally Shipped

question 46

Multiple Choice

In terms of international e-commerce, large merchandise is normally shipped by:

• A)the company selling the merchandise.
• B)shipping companies such as DHL, FedEx, or UPS.
• C)freight forwarders.
• D)the company purchasing the merchandise.

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Definitions:

Equilibrium Price

The price at which the quantity of a good or service supplied equals the quantity demanded in a market.

Chocolate-Covered Peanuts

A snack or confectionery consisting of peanuts that are coated in a layer of chocolate.

Surplus

A scenario where the supply of goods surpasses what is being demanded at the present price level.

Chocolate-Covered Peanuts

Chocolate-covered peanuts are a confectionery or snack consisting of peanuts coated in a layer of chocolate, combining sweet and salty flavors.