When a firm sells its domestically produced goods in a foreign country through an intermediary,it is referred to as

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Indirect exporting refers to a situation in which a firm sells its domestically produced goods in a foreign country through an intermediary, such as an export management company or a trading company. Direct exporting, on the other hand, involves a firm selling its products directly to foreign customers without the involvement of intermediaries. Licensing and franchising are different modes of entry in which a firm grants the rights to use its intellectual property (such as trademarks, patents, and know-how) to a foreign company in exchange for royalties or fees. Foreign assembly refers to a situation in which a firm produces its products in a foreign country, typically by assembling imported components or parts.

When a Firm Sells Its Domestically Produced Goods in a Foreign