Chapter 16
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Which of the following is a common difficulty that traders face when exporting goods or services to countries?
Exporters often face voluminous paperwork and complex formalities.
Which of the following statements is true of exporting?
It helps a firm achieve economies of scale.
Which of the statements is true of reactive firms?
They consider exporting only after their domestic market is saturated.
The great promise of exporting is that...
large revenue opportunities are often found in foreign markets.
