Which of the Following Is Unique to Export-Import Brokers, Differentiating

question 35

Multiple Choice

Which of the following is unique to export-import brokers, differentiating them from general brokers?

• A) They usually have a temporary relationship with the buyer and seller while a particular deal is negotiated.
• B) They specialize in bringing together buyers and sellers from different countries.
• C) They are especially useful when buyers and sellers do not come into the market very often.
• D) They earn a commission from whichever party hired them when the transaction is completed.
• E) The broker's product is information about what buyers need and what supplies are available.

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Definitions:

Castrate

To remove the testicles of a male animal or person, leading to sterilization and the cessation of certain hormone production.

Testosterone

A steroid hormone produced primarily in the testes in males and the ovaries in females, playing key roles in health and well-being, including regulating sex drive, bone mass, fat distribution, muscle mass, and red blood cell production.

Seminal Vesicles

Glands that secrete fluid that partly composes semen and provides nutrients and a suitable environment for sperm outside the body.

Epididymis

A highly convoluted duct behind the testis, along which sperm passes to the vas deferens.