What Is the Term for a Global Intermediary That Operates

question 100

Multiple Choice

What is the term for a global intermediary that operates primarily in agriculture and raw materials by bringing the buyer and seller together?

• A)buyer for export
• B)export agent
• C)license agent
• D)export broker

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Definitions:

Largest Firm

The organization within a particular industry or market that has the highest revenue, market share, or workforce size.

Market Share

The percentage of an industry's total sales that is earned by a particular company over a specified time period.

Covert Collusion

A secret agreement between firms to fix prices, limit production, or divide markets, which is illegal and anti-competitive.

Cartel

A group of firms behaving like a monopoly.