QUESTION IMAGE
Question
multiple choice question
what term describes the trade activity in which a company produces goods in its home country and sells them to other countries?
globalization
exporting
importing
multinationalism
Brief Explanations
- Globalization refers to the broader integration of global economies, cultures, and populations, not the specific trade activity described.
- Exporting is the exact activity of producing goods in a home country and selling them to other countries.
- Importing is the opposite: buying goods from other countries to sell in the home country.
- Multinationalism refers to companies operating in multiple countries, not the specific cross-border sale of domestically produced goods.
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B. Exporting