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

Answers

False. While it can be an effective way to increase profits, exporting to an international market is often more complex and costly than expanding domestically. Companies may need to pursue new logistics partners, negotiate different types of agreements, navigate challenging regulations, and more in order to enter an international market. If the costs outweigh the potential profits, then exporting may not be a worthwhile venture.

Answered by Dylan Paul

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