Small firms that wish to export their products may choose to use ________ who understand the local market and will find buyers and negotiate terms on the firm's behalf.

Question

Quizplus · Accepted Answer

Export merchants are professional intermediaries who specialize in finding buyers for goods produced by small firms and negotiating terms on their behalf. They understand the local market and can help small firms navigate the complexities of exporting. Direct investors and franchisors involve deeper levels of involvement and investment, while franchisees are more focused on domestic operations. Free traders is not a relevant term in this context.

Small Firms That Wish to Export Their Products May Choose