Asked by
Ocean Pangan
on Oct 22, 2024
Verified
___ is a significant pathway to business growth for both individual firms and economies by providing new customer bases and expanded markets for products and services.
A) Importing
B) Exporting
C) Global sourcing
D) Licensing
E) Franchising
Exporting
The act of selling products or services produced in one country to buyers in other countries.
- Understand the economic effects of global trade on nations that export and import goods.
Verified Answer
LF
Learning Objectives
- Understand the economic effects of global trade on nations that export and import goods.
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