Asked by Hannah Crenshaw on Jun 26, 2024
Verified
In exporting, local products are sold to foreign customers.
Exporting
The selling of local products abroad to foreign customers.
Foreign Customers
Consumers or clients located outside the geographical boundaries of a business’s home country.
- Discern the variety of tactics for international market entry, encompassing importing, exporting, global procurement, and licensing agreements.
Verified Answer
AW
Akeem WrightJun 29, 2024
Final Answer :
True
Explanation :
Exporting refers to the selling of domestic goods or products to customers located in foreign countries.
Learning Objectives
- Discern the variety of tactics for international market entry, encompassing importing, exporting, global procurement, and licensing agreements.
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