GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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foreign goods and services are shipped into another country and received by a distributor, then sold to the consumer
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goods or services brought into one country from another
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authority of one or more member countries is significantly reduced and a common, united government is put in place
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monetary and fiscal policies between member countries are coordinated by political integration
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member countries are free to move factors of production within other member countries
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Detailed explanation-1: -In many countries, a sizable share of international trade is carried out by intermediaries. While large firms tend to export to foreign markets directly, smaller firms typically export via intermediaries (indirect exporting).
Detailed explanation-2: -Export refers to a product or service produced in one country but sold to a buyer abroad. Exports are one of the oldest forms of economic transfer and occur on a large scale between nations.
Detailed explanation-3: -a situation in which a company buys products from someone in another country using an intermediary (= a person or organization that arranges business agreements), or a product that is bought in this way: The direct or indirect import of diamonds from the country was banned. Some of these goods are indirect imports.
Detailed explanation-4: -Direct exportation means that they would sell directly to the company who wants to sell their goods, such as sending their goods to an international supermarket. Indirect exportation is the process of expanding internationally by selling products through some form of an intermediary or middle-man.