Question 1

All of the following are advantages that firms often experience through exporting except ________.

Accepted Answer

A)  increased economies of scale 
B)  stabilized sales fluctuations 
C)  reduced dependence on domestic sales 
D)  amplified country and corporate risk

Question 2

The bilateral trade relationship between Canada and the United States is larger than the two-way trade relationship between China and the United States.

Accepted Answer

A) True 
 B)False

Question 3

Relational assets are defined as which of the following?

Accepted Answer

A)  long-term, advantageous business relationships with foreign facilitators 
B)  mutually beneficial relationships with members of an economic bloc 
C)  profitable business partnerships with foreign agents and franchisors 
D)  brief partnerships between licensors and exporters in a foreign market

Question 4

What is the four-step process many managers use to achieve successful exporting? Explain your answer in a short essay.

Accepted Answer

The answer of What is the four-step process many managers...

Exam 10: Exporting and Countertrade

All of the following are advantages that firms often experience through exporting except ________.

The bilateral trade relationship between Canada and the United States is larger than the two-way trade relationship between China and the United States.

Relational assets are defined as which of the following?

What is the four-step process many managers use to achieve successful exporting? Explain your answer in a short essay.