Importing and Exporting Is the Lowest-Risk Way to Take a Business

question 172

True/False

Importing and exporting is the lowest-risk way to take a business global,whereas direct investment is the highest-risk way to take a business global.

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Definitions:

Pay Sales Taxes Icon

A software interface element that allows users to manage and remit the sales taxes collected from customers.

Sales Taxes

Taxes imposed by the government on sales of goods and services, which are typically paid by the consumer at the point of sale.

Payroll Liabilities

Obligations arising from salaries, wages, taxes, and other amounts due to employees.

Federal Income Taxes

Taxes levied by the Internal Revenue Service (IRS) on the annual earnings of individuals, corporations, trusts, and other legal entities.