Which of the following best defines exporting?
a. It is the selling of domestically produced products to buyers in other countries.
b. It is the use of a firm's business model by an operator along with the use of the supplier's trademark.
c. It is the private label manufacturing by a foreign company.
d. It is the legal process whereby the manufacturing process, trademarks, etc. can be used by another for a fee.
Answer: a. It is the selling of domestically produced products to buyers in other countries.