A. However, an agent does not take title to the goods and provides fewer services than a distributor","noIndex":0,"noFollow":0},"content":"
An agent is similar to a distributor in that he's a middleman. If you're interested in companies where import-export agents make the most money, you'll want to apply for positions at C.H. Quoted ocean FCL & LCL rates to all the customers in order to satisfy their shipping needs. exporter should obtain a letter of credit to initiate transactions. to save the agents.csv file. time draft B. D. It helps companies increase their unit costs. C. Financing is difficult when engaging in a countertrade. C. \text { Operations } A trade surplus or trade deficit reflects a countrys balance of trade (which is, essentially, whether a country is a net exporter or importer, and to what extent). A. For example, if set to the following: Indirect exporting is a common practice among firms that are just beginning their exporting. Question: Which of the following is true of export agents? Which of the following statements is true of reactive firms? exporter's creditworthiness. An export agent is a firm (or individual) that undertakes most of the exporting activities on behalf of an exporter usually for a commission. Barter Bring in expert marketing specialists to promote the firm's products. 2003-2023 Chegg Inc. All rights reserved. ", While some skills are similar in these professions, other skills aren't so similar. subsidized by the Department of Commerce. Trained and mentored import/export operations for areas of improvement within the import/export department. Export selling does not modify the product pricing or promotional material to mee. B. As mentioned previously, import-export agents highest annual salary comes from the transportation industry with an average salary of $43,437. letter of credit \text { Total expenses } & \$ 174,500 & \$ 139,000 \\ C. A. B. B. B. It guarantees the exporter pre-export financing. D. It helps a firm achieve economies of scale. A common pitfall of exporting is a poor understanding of competitive conditions in the foreign market. United States ","hasArticle":false,"_links":{"self":"https://dummies-api.dummies.com/v2/authors/9054"}}],"_links":{"self":"https://dummies-api.dummies.com/v2/books/"}},"collections":[],"articleAds":{"footerAd":"
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