Business Studies

Exporting/importing is the most preferred way for business firms when they are getting initially involved with international business.


ANSWER

True


SOLUTION
An import in the receiving country is an export from the sending country.Importation and exportation are the defining financial transactions of international trade. In international trade, the importation and exportation of goods are limited byimport quotas and mandates from the customs authority.
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TRUE/FALSE Medium Published on 18th 08, 2020
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