Exporting Refers to a Global Market Entry Strategy in Which

question 24

Multiple Choice

Exporting refers to a global market entry strategy in which

• A) a company will sell its products in international markets but not in its own domestic market.
• B) a company produces goods in one country and sells them in another country.
• C) a company will manufacture its product in several countries at the same time using different brand names and slight product modifications.
• D) a company will manufacture products specifically designed for nondomestic markets, but will sell those products to distributors that take title and resell the products to different companies around the world.
• E) a product is made in one country, assembled in a second country, and ultimately marketed to a third country.

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Definitions:

Slave Power

A term used to describe the perceived political power held by slave owners in the United States during the 19th century, which influenced legislation and the balance of power in government.

Statehood

The condition or status of being recognized as an independent nation or a fully integrated part of an existing country, with all accompanying rights and responsibilities.

Missouri Compromise

The Missouri Compromise was an agreement passed in 1820 that allowed Missouri to enter the Union as a slave state and Maine as a free state to maintain the balance between slave and free states.