Direct Exporting Refers to

question 196

Multiple Choice

Direct exporting refers to

• A) offering the right to a trademark, patent, trade secret, or similarly valued items of intellectual property in return for a royalty or fee.
• B) contracting with a foreign firm to manufacture products according to certain specifications.
• C) a foreign country and a local firm investing together to create a local business.
• D) using additional parties when a firm sells its domestically produced goods in another country.
• E) a firm selling its domestically produced goods in a foreign country without intermediaries.

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Definitions:

Federal Government

The central government of a federation that has specific powers over national concerns, while sharing other powers with subnational jurisdictions.