The most frequently encountered impediment to international trade for small and medium-sized manufacturers is ________.
A)foreign sales are not sufficiently profitable
B)transportation and shipping costs
C)language and cultural barriers
D)foreign regulations

Question

Quizplus · Accepted Answer

Transportation and shipping costs are among the biggest challenges that small and medium-sized manufacturers face when it comes to international trade. Such costs can add to the overall cost of production and make it difficult for the firms to compete with local manufacturers in foreign markets. Language and cultural barriers and foreign regulations can also be obstacles, but transportation and shipping costs are a more frequent issue. Foreign sales being insufficiently profitable is also a potential challenge, but it is not the most frequently encountered one.

The Most Frequently Encountered Impediment to International Trade for Small