What are some of the product quality risks that importers face?
A) Importers face the risk that imported goods will not be of the quality expected,so,if they have paid for the goods before receipt,they may have a difficult time obtaining replacement goods or recovering the payment that they made.
B) Importers face the risk that the imported goods will be of a higher quality than domestic goods so that importers will have to charge more for the goods than the price of domestic goods.
C) Importers do not face product quality risks since importers can specify the required quality of goods in their contracts.
D) Importers face the risk that the imported goods will be of varying quality so that importers will have to charge different prices for similar goods.
Correct Answer:
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