ABC Manufacturing,a USA based company,buys products from China for sale in U.S.markets.This practice refers to which of these?

Name: ABC Manufacturing,a USA based company,buys products from China for sale in U.S.markets.This practice refers to which of these?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Importing refers to a practice where a company purchases goods or services from a foreign country to sell in its domestic market. In this case, ABC Manufacturing buys products from China for sale in U.S. markets, which qualifies as importing.

ABC Manufacturing,a USA Based Company,buys Products from China for Sale