Export trading companies
A) enter into joint ventures with firms wanting to export goods and services.
B) are government-owned businesses that help companies go global.
C) connect sellers in the U.S. with buyers in other nations, and help with customs, documentation, and payments.
D) are similar to a corporation that sells franchises.

Question

Quizplus · Accepted Answer

Export trading companies act as intermediaries between U.S. sellers and foreign buyers, helping with various aspects of international trade such as customs clearance, documentation, and payment. They do not enter into joint ventures or operate as government-owned businesses, and they are not like corporations that sell franchises.

Export Trading Companies