Exam 10: Exporting and Countertrade

Which of the following can negatively impact exporters more than firms that are involved in collaborative ventures?

Small Business Intermediaries Mary's Mosaics is a small business in California that creates custom-designed decorative items from mosaic tiles and glass. The website created for Mary's Mosaics generates the majority of the firm's business, although the firm also sells items to U.S. retailers for domestic sale. Mary Boyd, the CEO of Mary's Mosaics, recently received an order from a Spanish retailer for $20,000 worth of mosaic items. Similar orders have been placed from importers in Australia, England, and Canada. Mary needs to identify appropriate foreign intermediaries for each market. -Which of the following should be established by Mary's Mosaics to avoid intermediary difficulties?

The increase in China's export of IT products has most harmed which of the following?

Disputes often arise between exporters and intermediaries regarding pricing, policies, and inventory levels.

International business transactions that involve countertrade are typically handled with cash payments.

Governments use data on exporting and importing activities to calculate which of the following?

Why is a letter of credit most likely a popular method of payment in export transactions?

Which of the following is most likely a disadvantage to firms who use exporting as an entry strategy?

To ensure creditworthiness, exporters can purchase insurance to cover their inability to pay buyers.

In a short essay, describe, with an example, why exporting is a flexible entry strategy for focal firms.

A risk-taking manager at a Canadian firm would most likely pursue initial internationalization in which of the following foreign markets?

In a short essay, describe the four primary factors that determine the cost of export financing.

Compared to other entry strategies, exporting is less subject to tariff and other trade barriers.

Why would a firm with a domestic market focus never go beyond the first step of internationalization?

A focal firm that requires a low-risk foreign market entry strategy would most likely choose which of the following approaches?

Which of the following is an example of push factors?

In a short essay, describe the four types of countertrade.

During the global market opportunity assessment phase, managers will most likely do which of the following?

Which of the following would most likely be used in a high-volume market?

Licensing and franchising are both ________ relationships.