Question

Since the international market is significantly larger than the domestic market, exporting is nearly always a way to increase a company's revenue. True or false

Answer 1

Exporting is almost always a technique to improve a company's revenue because the worldwide market is substantially greater than the domestic market. True.

What does export mean?

Exporting is the process by which businesses from one nation sell their products and services to clients or customers in another nation. Energy and natural resources, as well as raw materials like food or textiles and completed consumer goods like electronics, are frequently exported between nations.

Exporting is the practice of producers and merchants who sell their wares to consumers in other countries. One approach for firms to expand their potential market, increase revenue, and expand is by exporting.

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