Which of the following is a common pitfall that novice exporters come across?
A)poor understanding of the opportunities in the domestic market
B)low unit costs
C)increased economies of scale
D)problems securing financing
E)familiar distribution systems

Question

Quizplus · Accepted Answer

Novice exporters often struggle with securing financing for their export operations. This can be due to lack of collateral or credit history, unfamiliarity with export financing options, or difficulty in finding reliable financial partners in the export market.

Which of the Following Is a Common Pitfall That Novice