The great promise of _______ is that large revenue and profit opportunities are to be found in foreign markets for most firms in many industries.

Question

Quizplus · Accepted Answer

Exporting refers to the act of a company shipping goods or services to another country for sale. This can open up large revenue and profit opportunities for firms as they expand their customer base beyond domestic markets. Financing (A) and countertrade (B) are related to methods of payment and trade agreements but do not necessarily guarantee foreign market success. Importing (C) refers to bringing in goods or services from other countries, which does not provide revenue and profit opportunities in foreign markets.

The Great Promise of _______ Is That Large Revenue and Profit