ENTREPRENEURIAL OPPORTUNITIES
COMPETITIVE ANALYSIS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Exporting is a business activity in which goods and services leave a country to be sold to national consumers.
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True
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False
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -Exporting is when you produce a good or service in your home country and sell it to customers or other businesses in another country.
Detailed explanation-2: -Trade in services that takes place between a producer and consumer that are, in legal terms, based in different countries is called International Trade in Services.
Detailed explanation-3: -Exports of goods and services consist of transactions in goods and services (sales, barter, and gifts) from residents to non-residents. Exports of goods occur when economic ownership of goods changes between residents and non-residents.
There is 1 question to complete.