Q133
Which of the following best describes the mode of international business used by most companies?
A.
mixed ventures
B.
foreign direct investment
C.
joint ventures
D.
exporting and importing
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
Exporting and importing best describes the mode of international business used by most companies. Exporting is the sale of products and services in foreign countries that are sourced or made in the home country. Importing refers to buying goods and services from foreign sources and bringing them back into the home country.