When a company has a subsidiary in a foreign country,as far as the foreign country's government is concerned that subsidiary is
A) an agent of the exporter.
B) an exporter.
C) a foreign trade zone.
D) the importer of record.
E) None of the above

Question

Quizplus · Accepted Answer

A subsidiary is not an agent and is receiving the goods,so it is not an exporter.Foreign trade zone is incorrect,as a company cannot be a "zone." The subsidiary is incorporated in the foreign market,so it is the importer of record.

When a Company Has a Subsidiary in a Foreign Country,as