Asked by Nicholas Pride on Jun 18, 2024
Verified
Florida-based WeText purchases cell phones manufactured in Taiwan and sells them in the United States.PMI is engaging in the international business activity known as _____.
A) exporting
B) importing
C) countertrade
D) dumping
International Business Activity
This term describes the trade, investments, and operations a company conducts across national borders.
Cell Phones
Portable electronic devices that enable users to make voice calls, send text messages, and access various multimedia and internet services.
- Comprehend the fundamental principles of global commerce, such as the import and export of goods and the calculation of trade surpluses and deficits.
Verified Answer
SA
Shannon AndrewsJun 21, 2024
Final Answer :
B
Explanation :
WeText is engaging in importing because it buys cell phones from Taiwan (a foreign country) and sells them in the United States.
Learning Objectives
- Comprehend the fundamental principles of global commerce, such as the import and export of goods and the calculation of trade surpluses and deficits.