A common pitfall that novice exporters come across involves
A) poor understanding of the domestic market.
B) low unit costs.
C) increased economies of scale.
D) problems securing financing.
E) familiar distribution systems.

Question

Quizplus · Accepted Answer

Novice exporters often face challenges in securing financing due to unfamiliarity with international markets and the complexities involved in cross-border transactions.

A Common Pitfall That Novice Exporters Come Across Involves