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salantis [7]
3 years ago
11

A customer of a firm enters a foreign market by setting up a manufacturing facility. It tells its suppliers that they will need

to supply parts for assembly at the manufacturing facility and for customer service. Therefore, the suppliers are engaged in what kind of exporting?
Business
1 answer:
marysya [2.9K]3 years ago
6 0

Answer: Piggy backing

Explanation: Piggy back exporting is done by suppliers of a product and entails them supplying a certain function of the business only and just buying the actual product from local sellers. Another option can be that the supplier works with the local seller, and sells the seller's goods on behalf of seller for a commision. The suppliers are known as the carriers and the local sellers are known as the riders.

The customer entering the foregin market is the rider, and the suppliers supplying the parts ahd customer service is the carrier. The customer does not fully need to produce the product from scratch, and is able to acquire this from the suppliers who already have it. The custoemr, who is the rider, is thus able to "ride" on the back of the "carriers" back and ideas set in motion for their product.

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A channel of distribution is defined as a group of individuals and organizations that b) directs the flow of products from producers to customers.

A channel of distribution is the channel where products move from each stage all the way down into the consumers hands. Different company's and their products may have differences in their distribution path but, they allow follow a path of some sort.

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g Suppose the Federal Reserve begins to increase the supply of money at an increasing rate. What impact would that have on GDP,
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Expansionary monetary policy shifts AD to the right.

<h3>What is Expansionary monetary policy?</h3>
  • Expansionary policy, often known as loose monetary policy, expands the availability of money and credit in order to stimulate economic growth.
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<h3>Impacts on GDP, unemployment, and inflation by the increase of supply of money:</h3>
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  • The impact on GDP, unemployment, and inflation would be significant.
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Therefore, expansionary monetary policy shifts AD to the right.

Know more about Expansionary monetary policy here:

brainly.com/question/18939014

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Explanation:

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