Which of the following statements does NOT describe a characteristic of importing/exporting?
A) Importing/exporting is an easy way to enter a market.
B) There is very little risk involved with importing and exporting.
C) The cost of importing/exporting may be high due to transportation costs.
D) Due to government restrictions,not all products can be imported or exported.
E) The costs of initiating an import/export strategy are high.

Question

Quizplus · Accepted Answer

Importing/exporting typically has lower initial costs compared to other market entry strategies like establishing a joint venture or a subsidiary.

Which of the Following Statements Does NOT Describe a Characteristic