International Trade Is More Difficult and Risky from the Exporter's

question 15

Multiple Choice

International trade is more difficult and risky from the exporter's perspective than is domestic trade because:

• A) the exporter may not be familiar with the buyer, and thus not know if the importer is a good credit risk.
• B) if the merchandise is exported abroad and the buyer does not pay, it may prove difficult, if not impossible, for the exporter to have any legal recourse.
• C) political instability makes it risky to ship merchandise abroad certain to parts of the world.
• D) All of these.

---

Definitions:

Tolerance for Ambiguity

An individual's capacity to remain comfortable and function effectively in situations that are uncertain, unclear, or unpredictable.

Corporate Career Backgrounds

Histories or experiences of individuals in business environments, detailing progression, roles, and achievements within corporate structures.

Corporate Bureaucracies

Refers to complex organizational structures that involve many levels of management, rules, and regulations, often leading to inefficiency.

Minority-owned Businesses

Businesses that are at least 51% owned, operated, and controlled by individuals from minority groups.