When U.S.firms work together to establish export promotion development,as allowed by the Export Trading Company Act of 1982,the companies are in effect forming a(n)_____.

Question

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When U.S. firms work together to establish export promotion development, as allowed by the Export Trading Company Act of 1982, they form export consortia. This cooperation enables smaller firms to combine resources and expertise to compete in foreign markets, thereby increasing exports for all members involved.

When USfirms Work Together to Establish Export Promotion Development,as Allowed by by the Export