All of the Following Statements Are True Regarding Merchant Middlemen

question 83

Multiple Choice

All of the following statements are true regarding merchant middlemen EXCEPT:

• A) they take title to manufacturers' goods.
• B) they are more controllable by manufacturers than agent middlemen.
• C) they assume trading risk.
• D) they are primarily concerned with sales and profit margins on their merchandise.
• E) they are frequently criticized for not representing the best interests of a manufacturer.

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Definitions:

Capital Account

Represents the net change in physical or financial asset ownership for a nation and includes investments and loans into or out of the country.