Exporting is ________.
A) the procurement of products or services from independent suppliers or company-owned subsidiaries located abroad for consumption in the home country or a third country
B) the procurement of selected value-chain activities, including production of intermediate goods or finished products, from independent suppliers
C) the transfer of state-owned industries to private concerns
D) the strategy of producing products or services in one country (often the producer's home country), and selling and distributing them to customers located in other countries

Question

Quizplus · Accepted Answer

Exporting is the strategy of producing products or services in one country and selling and distributing them to customers located in other countries. This involves the movement of goods or services from the producing country to the importing country. The other options do not accurately describe exporting.

Exporting Is ________