THE ORGANIZATION OF PETROLEUM EXPORTING COUNTRIES CAME INTO EXISTENCE AT A CONFERENCE HELD IN
A. Tripoli B. Caracas C. Riyadh D. Baghdad ✓ The answer to the question is: D. Baghdad The Organization of the Petroleum Exporting Countries (OPEC) came into existence at a conference held in Baghdad, Iraq. The Baghdad Conference took place from September 10 to…
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…
Study Guide
