A firm is expanding into a new market with import/export tariffs and needs a warehouse to accept, store, and ship its general merchandise product. What type of public warehouse in the new market would best meet the firm's needs?

Question

Quizplus · Accepted Answer

A bonded warehouse would be the best choice for a firm expanding into a new market with import/export tariffs, as it allows for imported goods to be stored without having to pay tariffs until the goods are released for shipment. This can help minimize costs for the firm while also allowing for efficient storage and shipment of their merchandise.

A Firm Is Expanding into a New Market with Import/export