Asked by Justin Brady on Jun 19, 2024

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The exporting of products involves:

A) acquiring foreign-made products and selling them in domestic markets.
B) contracting to provide managerial and technical service to a foreign concern.
C) making investments in a foreign operation.
D) selling locally made products in foreign markets.
E) making direct investments in start-up operations abroad.

Foreign Operation

Foreign operation pertains to business activities conducted in a country different from the company's home country, involving adapting strategies to international markets.

Domestic Markets

The market within a country's borders, representing the trading of goods and services within the same nation.

Exporting Products

The act of selling goods and services produced in one country to other countries.

  • Understand the basic concepts and significance of international business.
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AM
Allie MoralesJun 25, 2024
Final Answer :
D
Explanation :
Exporting specifically refers to the process of selling locally made products in foreign markets. Choices A, B, C, and E describe other forms of international business activities such as importing, providing services, foreign direct investment, and starting operations abroad, but not exporting.