Which of the Following Statements About Exporting Is NOT TRUE

question 249

Multiple Choice

Which of the following statements about exporting is NOT TRUE?

• A) Intermediaries can handle the arrangements as products are shipped outside the country.
• B) Channel relationships in international markets take time to build and shouldn't be treated lightly.
• C) Exporting requires a firm to establish permanent relationships with international partners.
• D) A firm often invests a minimum amount of time and money.
• E) None of these; i.e. all of these statements about exporting are TRUE.

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Definitions:

Expropriation

The act of a government taking privately owned property, either with compensation or without compensation, for public use.

Nonconvertible Currency

A currency that cannot be freely converted into other currencies on the foreign exchange market due to foreign exchange regulations.

Globalization

The process of interaction and integration among people, companies, and governments worldwide, often characterized by global trade and cultural exchange.

Exploitation Of Labor

The unfair treatment of workers, often involving overstretched work hours, underpayment, or poor working conditions, for the benefit of employers.