Juan,a wealthy industrialist,owns several coffee plantations in Brazil.Encouraged by the rising sales figures in the domestic market,Juan decides to sell his local brand of coffee in markets around the world.Which of the following terms is applicable to this business strategy?

Question

Quizplus · Accepted Answer

Exporting refers to the business strategy of selling goods or services produced in one country to customers located in other countries. In this case, Juan is selling his local brand of coffee in markets around the world, which makes exporting the applicable term.

Juan,a Wealthy Industrialist,owns Several Coffee Plantations in Brazil