Question

Give meaning of direct importing.

Solution

Direct importing means a firm itself approaches to overseas buyers and looks after all the formalities related to exporting activities including those related to shipment and financing of goods and services.

Some More Questions From International Business - I Chapter

The activities which help in smooth flow of trade are know as __________.

__________ industry makes use of products which are extracted and produced by primary sector as their raw material and produce finished products.

Define “global village”.

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International Business - I

Give meaning of direct importing.

Some More Questions From International Business - I Chapter

The activities which help in smooth flow of trade are know as __________.

__________ industry makes use of products which are extracted and produced by primary sector as their raw material and produce finished products.

Define “global village”.

Give meaning of International Business.

Give the types of mode of entry into International Business.

Give meaning of merchandise export and import.

Give meaning of service exports and imports.

Give meaning of direct exporting.

Give meaning of direct importing.

Give meaning of contract manufacturing.

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