Business Studies

Produces do not have much contact with the foreign markets as goods are produced in the home country.


ANSWER

True


SOLUTION
The producers of the goods or products usually distribute their goods to the the traders of the domestic country to export their products. The traders are much involved in the international markets than the producers themselves.
View Answers

You're just one step away

Create your Digital Resume For FREE on your name's sub domain "yourname.wcard.io". Register Here!


TRUE/FALSE Medium Published on 18th 08, 2020
Next Question
Questions 244531
Subjects 8
Chapters 125
Enrolled Students 204
Enroll Now For FREE

Realted Questions

Q1 Single Correct Medium
The main causes for the slow growth of export are
I. Neglect of export sector in the development strategy of planning
II. Mounting inflationary pressure in economy
III. Slow expansion of industries producing export goods
IV. Export control and tariff barriers
Of these :
  • A. I and II are correct
  • B. III and IV are correct
  • C. II and IV are correct
  • D. All are correct

Asked in: Business Studies - International Business


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q2 Single Correct Medium
Under the chairmanship of V.L.D'Souza, the Export Promotion Committee was setup in the year ________________.
  • A. 1957
  • B. 1962
  • C. 1964
  • D. 1966

Asked in: Business Studies - International Business


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q3 Single Correct Medium
What is the advantage to the franchisee in a franchising?
  • A. Marketing
  • B. Economies of scale
  • C. Instant goodwill
  • D. All of the above

Asked in: Business Studies - International Business


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q4 Single Correct Medium
Which of the following industry(ies) is/are example(s) of Contract Manufacturing?
  • A. Defense
  • B. Medical
  • C. Telecommunications
  • D. All of the above

Asked in: Business Studies - International Business


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q5 TRUE/FALSE Medium
In the absence of international trade, an increased standard of living would not have been easily possible.
  • A. True
  • B. False

Asked in: Business Studies - International Business


1 Verified Answer | Published on 18th 08, 2020

View Answer