Which of the Following Statements About Agent Wholesalers Is FALSE

question 3

Multiple Choice

Which of the following statements about agent wholesalers is FALSE?

• A) Agent wholesalers based in a foreign market can be helpful in working through government red tape because they know the local business customs.
• B) Export and import brokers bring together buyers and sellers from different countries.
• C) Manufacturers' agents can call on international customers at no cost to the producer until something sells.
• D) Export and import agents are basically selling agents who specialize in international trade.
• E) Agent wholesalers are common in international trade.

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Definitions:

Conservation

The careful management and preservation of natural resources to prevent waste, degradation, or loss.

Cost-Benefit Analysis

A systematic approach to estimating the strengths and weaknesses of alternatives used to determine the best option(s) through the benefits and costs.

Resource Extraction

The process of removing natural resources from the environment for human use.

Elephant Populations

The number and distribution of elephants in a given area, often studied in the context of conservation and ecological balance.