Which of the following transactions refers to the purchase of goods or services produced by a company based in one country from sellers that reside in a different country?
A) importing
B) countertrading
C) exporting
D) freight forwarding

Question

Quizplus · Accepted Answer

The transaction described refers to the act of importing, which involves buying goods or services from sellers based in one country and producing or residing in another country.

Which of the Following Transactions Refers to the Purchase of Goods