The Great Promise of Exporting Is That

question 70

Multiple Choice

The great promise of exporting is that

• A) large revenue opportunities are often found in foreign markets.
• B) it provides more opportunities to smaller firms than larger firms.
• C) international trade is protected against exchange risks.
• D) it reduces the need for insuring businesses against political risks.

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Definitions:

Shareholders

Individuals or entities that own shares in a company, giving them ownership interest.

Tax Liability

The total amount of taxes owed by an individual, corporation, or other entity to the government within a given tax period.

Canadian-Controlled Private Corporation (CCPC)

A Canadian-Controlled Private Corporation (CCPC) is a classification in Canada for a privately held company that is controlled by Canadian residents.

Earnings Before Taxes (EBT)

A measure of a company's profitability that calculates income before the deduction of tax expenses.