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International Trade and Export Assistance

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International Trade and Export Assistance

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Questions and Answers

What does exporting refer to?

Buying products from another country

Producing goods for domestic consumption

Trading products within the same country

Selling products to another country (correct)

What type of companies are primarily assisted by Export Assistance Centers?

Large multinational corporations

Non-profit organizations

State-owned enterprises

Small and medium-sized companies (correct)

What is the primary function of Export Trading Centers?

Matching buyers and sellers, and handling foreign customs documentation (correct)

Regulating trade policies and tariffs

Providing financial assistance to exporters

Promoting domestic trade and commerce

What kind of support do Export Assistance Centers provide to small and medium-sized businesses?

<p>Hands-on exporting assistance and trade-finance support</p> Signup and view all the answers

What is the main difference between Export Assistance Centers and Export Trading Centers?

<p>EACs facilitate direct exporting, while ETCs facilitate indirect exporting</p> Signup and view all the answers

Study Notes

Exporting and Export Assistance

Exporting refers to selling products to another country
Export Assistance Centers (EACs) are government-owned centers that provide hands-on exporting assistance and trade-finance support to small and medium-sized businesses
EACs aim to help small and medium-sized companies start exporting goods and services directly

Export Trading Centers (ETCs)

ETCs facilitate indirect exporting by matching buyers and sellers
ETCs handle foreign customs offices, documentation, and conversions on behalf of companies

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Description

This quiz covers the basics of exporting products to other countries, including the role of Export Assistance Centers and Export Trading Centers in supporting small and medium-sized businesses.