An advantage of importing and exporting is:
A) shared ownership.
B) the lack of government restrictions.
C) low transportation costs.
D) the lack of tariffs and taxes.
E) small cash outlay.

Question

Quizplus · Accepted Answer

Importing or exporting (or both) is usually the first type of international business in which a firm gets involved. Its advantages include small cash outlay, little risk, and that it does not require adaptation to the local market.

An Advantage of Importing and Exporting Is