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

Question

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

lucas gallego · Accepted Answer

Final Answer : E, Explanation :  Importing involves acquiring products made in foreign countries and selling them in one's own domestic market. Choices A, B, C, and D describe exporting, foreign investment, and international services, not importing.

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