International Business: Unit IV - Exports, Imports, and Global Sourcing

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What does Global Sourcing refer to in the context of INTERNATIONAL BUSINESS?

Identifying the best source of supply regardless of location

Which of the following is NOT mentioned as a con of Global Sourcing in the text?

Increased Production Capacity

What is one of the Pros of Global Sourcing mentioned in the text?

Cheaper Cost

Which term refers to the act of selling goods or services to other countries?

<p>Exporting</p> Signup and view all the answers

What does Countertrade involve?

<p>Bartering goods instead of using currency</p> Signup and view all the answers

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