International Law Summary Full (All chapters) Questions and Answers 2023[211581]

Exporting - -Entering a foreign market by selling goods produced in the company's home country, often with little modification. -Importing - -Buying products domestically that have been produced or grown in foreign nations -Trade in Services - -The providing of services to a customer or the operation of service companies in a foreign country. -Direct Exporting - -The exporting of goods and services by the firm that produces them. -Foreign Sales Representative - -An agent who distributes, represents, or sells goods on behalf of a foreign seller, usually in return for the payment of a commission -Foreign Distributors - -Entity that takes title goods and bears the financial and commercial risks for the subsequent sale of goods -Indirect Exporting - -When a firm sells its domestically produced goods in a foreign country through an intermediary. -International Trading Companies - -Doing business with other countries