GENERAL KNOWLEDGE

A COMPANY THAT SELLS ITS GOODS DIRECTLY IN FOREIGN COUNTRIES IS ENGAGING IN

  • A. Exportation ✓
  • B. Importation
  • C. Franchising
  • D. Licencing

 

The answer to the question is: A. Exportation

When a company sells its goods directly in foreign countries, it is engaging in Exportation. Exportation refers to the act of selling goods or services produced in one country to another country. This process involves shipping the goods out of the home country and selling them in a foreign market. It allows companies to expand their customer base and reach new markets, thereby increasing their sales and revenue.

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